This event discusses opportunities in carbon emissions trading in Ireland. It will provide informative presentations on the EU emissions trading scheme and how it creates opportunities for Irish businesses in areas like financial services, transportation, construction, and green energy. Attendees will include policymakers, market participants, and experts who will discuss current challenges and how indigenous Irish companies can get involved. The event aims to match entrepreneurs with researchers to generate new business ideas around carbon trading.

1. Briefing Note:
Environmental Trading
This IDEAGEN Event, to be held on the 23
rd
November in University of Limerick is about carbon
emissions and what is happening now they are capped, trading commenced and prices set.
The event’s objectives is twofold, first to inform, with short but informative keynote presentations from
policy formers and key market players and then all present to network and work at identifying some
of the key new business opportunities and current “problems & challenge” to be solved that Energy
Trading can offer indigenous Irish businesses.
These maybe around service and support opportunities within the financial services sector due to the
emergence of a growing carbon credit market but can relate to issues around transport, construction,
energy usage, new green energy activities, their measurement, tracking, recording, etc!
The European Union’s Emissions Trading Scheme is the world’s largest market for carbon and the
most significant multinational initiative ever taken to mobilise markets to protect the environment.
This is the world’s first cap-and-trade programme for greenhouse gases, by far the largest
environmental market in the world and will be the prototype for a global policy regime, based on
emissions trading.
It will be an important influence on the development and implementation of trading schemes in the
US, Japan and globally.
Speakers:
Prof. Frank Convery, UCD author of Pricing Carbon – The European Union Emissions Trading
Scheme will be a presenting what he sees as the opportunities for Irish indigenous businesses.
Currently in Ireland a special Government task team - Government's Green IFSC Steering Group has
been set up to drive this sector and its potential spin off for indigenous industry and Stephen Nolan,
who leads this team will be presenting his view of these opportunities. Together with Paul Harris,
Head of Natural Resource Risk Management, Bank of Ireland Global Markets will also give a short
presentation on his experience and the practical hands-on challenges and opportunities of trading
emissions. Paul has over twenty five years trading and structuring experience. He is currently
responsible for the structuring and delivery of a range of hedging solutions and investment products
for both fossil fuels and renewable energy. Paul is also a member of Government's Green IFSC
Steering Group, Paul chair's the Expert Carbon Group. He has a particular interest in forestry-based
carbon products, carbon-backed securities and weather derivatives.
Event Format:
This IDEAGEN is for entrepreneurs and related researchers to get behind the headlines and get a
better understanding of how new commercial business opportunities and support services and
possible activities can be developed around this emerging sector.
The second part of this event is a proactive brain storming event where entrepreneurs will be matched
with researchers who have expertise/ knowledge in this sector.
A set process will be applied to enable these teams to generate outline value propositions to explore
how to solve / exploit a range of these opportunities & challenges and results shared with all
participating in the event.
Theme: Environmental Trading
Location: Kemmy Business School, University of Limerick
Date: 23
rd
November 2010
Time: 5.30pm to 9pm
Booking: Application to attend this event has to completed on-line at www.ideagen.ie and numbers
are restricted to 15 entrepreneurs and 15 researchers attending.