15 March 2010

University of Queensland researcher Craig Froome will join colleagues from the Equator Alliance climate change specialists group on Monday, March 22 to answer clients’ key questions on recent changes to the Federal Government’s Renewable Energy Target (RET) scheme.

The Brisbane CBD boardroom breakfast will be co-hosted by members of the Equator Alliance: UniQuest (the main commercialisation company of The University of Queensland), Herbert Geer Lawyers, BDO accounting and advisory services, and AARC environmental resource development consultants.

Following an overview of the RET scheme by Herbert Geer partner, Simon Harrison, Mr Froome, from UQ’s School of Chemical Engineering, will discuss the new changes to the scheme.

These include the splitting of industrial and domestic permits, and the impacts for the clean energy industry.

BDO partner Dylan Byrne will talk about the financial and taxation implications of the RET changes.

“Last month the Government announced significant changes to the RET scheme, which are designed to achieve the stated 20% renewable energy target," said UniQuest Managing Director, David Henderson.

"Queensland businesses are fortunate to have easy access to the breadth of evidence-based expertise now available via the Equator Alliance to help them manage the impacts the changes will have on their growth and development.

“Craig Froome is one of UQ’s many multi-disciplinary climate change experts.

"His knowledge of renewable energy, electricity generation and electricity markets is helping various UniQuest clients understand the potential economic and environmental impacts of the RET scheme and other renewable energy issues.”

The boardroom breakfast is one of a series of events the Equator Alliance has scheduled this year to keep its current and prospective clients up to date with climate change topics impacting on businesses within, and affected by, Australia’s emerging clean energy industry.

The Equator Alliance’s February event was a workshop titled, The costs and risks of carbon management and capitalising on opportunities.

Guests at this workshop from more than a dozen energy and engineering firms were able to learn more about the competitive advantages of reducing carbon emissions and their associated costs, from UQ’s Dr Paul Dargusch and PhD candidate, Sebastian Thomas.

The March 22 RET boardroom breakfast will be held in the Herbert Geer offices at 175 Eagle Street, Brisbane, commencing at 7.15 am. Reservations are essential and can be made by calling 3237 5999.

Media enquiries: Leanne Wyvill +61 7 3365 4037, 0409 767 199 or l.wyvill@uniquest.com.au

About UniQuest
Established by The University of Queensland in 1984, UniQuest is widely recognised as one of Australia’s largest and most successful university commercialisation groups, benchmarking in the top tier of technology transfer worldwide. It has created more than 60 companies, and since 2000 UniQuest and its start-ups have raised more than $340 million to take UQ technologies to market. Sales of products using UQ technology and licensed by UniQuest now exceed $5 billion per year. UniQuest also commercialises innovations developed at the University of Wollongong, University of Technology Sydney, James Cook University, University of Tasmania, the Mater Medical Research Institute and two ARC Centres of Excellence. As well, UniQuest can access thousands of researchers and experts and tailor a consulting or project R&D solution to meet the needs of industry and government. UniQuest is also a leading Australasian provider of international development assistance projects. Working with agencies such as AusAID, NZAID, the Asian Development Bank, and the World Bank, UniQuest has developed and implemented more than 400 projects in 46 countries throughout the Pacific, South-East Asia, the Indian sub-continent and Africa. For more information about UniQuest, please visit www.uniquest.com.au.

About the Equator Alliance
Unique to Australasia, the Equator Alliance brings together leading climate change specialists with international experience, knowledge and ability to help organisations comply with legislative, business and customer requirements relating to climate change. The Equator Alliance provides a cost-effective, integrated service that enables businesses to understand, adapt and succeed in the new low carbon age. Formed in 2009 to optimise the synergies of UniQuest (commercialising research of The University of Queensland), Herbert Geer Lawyers, BDO accounting and advisory services, and AustralAsian Resource Consultants (AARC), the Equator Alliance is one of the few organisations in the world capable of helping clients with every stage of the emissions sustainability lifecycle. www.equatoralliance.com.au