Carbon trading initiative launched in Australia

13.02.2007
Australian consultancy Ethan Group has launched a series of IT environmental initiatives, to be sold as part of a pre-carbon trading plan.

Carbon trading allocates quotas for greenhouse gas emissions for countries, individuals and companies, and allows those which exceed their level to buy credits from those who are under. Environmentally efficient companies can then reap financial benefits.

The company is offering environmental management of lighting and cooling, intelligent network design to reduce power consumption, and on demand use of resources pre-emptive of the governments' carbon trading plans.

Ethan Group also created a Carbon Friendly accreditation which awards silver, gold and green merits for companies which have reduced emissions by 10 percent, 25 percent or are carbon neutral respectively.

Ethan Group managing director Andrew Rayment said it will make recommendations to the Australian government about price offsets of carbon trading in the IT industry.

"We will make IT recommendations about carbon trading alterations based on economic viability relative to the price of offsets as carbon neutrality is mandated and the price of carbon credits rises over time," Rayment said.