Energy
Efficiency
Investment in
Green
Technology
By Dermot Duncan

Overview
 A green building can be described “as one
that incorporates design, construction and
operational practices that significantly
reduce or eliminate the negative impact of
development on the environment and
occupants”
 Buildings are responsible for producing
almost 23% of Australia‟s GHG emissions.
 It has been suggested that a 25% rise in
peak wind gusts can produce an increase of
650% physical damage to buildings…and a
1°C rise in temperature will double the urban
infrastructure‟s exposure to flooding, with a
significant increase in catastrophic fires.

Overview Cont.
 Built Environment is not „directly‟ included
under the CPRS: however, some may be
captured under the NGER Act.
 Existing „voluntary‟ approaches for the built
environment are: NABERs; and Green Star
Rating tools.
 One „mandatory‟ approach is „J‟ of Building
Code of Australia is the only mandatory design
performance requirement .
 Alternatives: Energy Efficiency Trading
Scheme (similar to the Carbon reduction
Commitment in the UK)
 White Paper: COAG agreed in October 2008 to
develop the National Strategy for energy
Efficiency.

Scope Implement Operate
Evaluate

Project
Corporations Act
• Reporting (s.299(1)(f))
• Business Judgment Rule (s.180(2) and
181)

Project Cont.
ASX Corporate Governance Principles
• Ethical Decision Making (Principle 3)
• Risk Management (Principle 7)

Project Cont.
Carbon Pollution Legislation
• CPRS
• NGER Act
• Renewable Energy Target (RET)
• Net Solar Feed in Tariff (NSW)
• Basix/Nabers/Green Star

Project Cont.
Legal Risks
•Legislative Liability
• Tortious Liability
• Contractual Liability
• Insurance

Project Cont.
Miscellaneous
• Environmental Corporate Social Responsibility
• Principles for Responsible Investment (PRI)
• ISO 14000
• AS 8003

Project Cont.
Government‟s
Federal Stimulus
Package
• Roof Insulation Materials for around 2.7
million homes.
• Solar Water Rebate for homes already
with insulation.
•What about PFI/Prudential
Borrowing/Credit Guarantee Finance?

Phase 1: Scope
Corporate/Business/Project
•Carbon Audit
• Supply Chain
• Disclosure
• Legislative Drivers

Phase 2: Evaluate
Technical Solutions
• Financial Costs
• Reputations Benefits
• Legislative Obligations

Phase 3:
Implement
•Soft Green Projects (low capex)
• Hard Green Projects (high capex)
• Payback/Savings
• Planning/Consultation
• Lease/Contract Structure

Phase 4: Maintain
• Life of the Technology
• Terms of the Contract.
• Partnership

Conclusion
• Does Voluntary action change anything?
• Will the CPRS will implemented in July 2010?
• Does the Government have a Demand Side
Abatement Obsession?

Thank you
Any further questions can be forwarded to my details below:
• (e) dermot_duncan@hotmail.com
• (m) 0422 082 195