1. Text space for forum aaaaaaaa aaaaaaaa aaaaaaaa aaaaaaaa aaaaaaaa aaaaaaaa aaaaaaaa 19 & 20 May 2008 Parliament House Canberra Governance of an ETS - Gwen Andrews

2. 19 & 20 May 2008 Parliament House, Canberra Principles (Garnaut) Scarcity Tradeability Credibility Simplicity Integration with other markets

3. 19 & 20 May 2008 Parliament House, Canberra Parameters Infrastructure Operations

4. 19 & 20 May 2008 Parliament House, Canberra Parameters Negotiating/setting the cap Trajectories/Budgets Sector coverage and offsets Liable entities Allocation mechanisms Compensations/Structural Adjustment Linkages with other markets

5. 19 & 20 May 2008 Parliament House, Canberra Infrastructure Inventory and international reporting systems (NGGI) OSCAR – emissions reporting under the NGER legislation Registry – linked to Kyoto requirements and the domestic ETS Trading platform (exchange)

6. 19 & 20 May 2008 Parliament House, Canberra Operations Supervision of the market (regulator) Issuance of permits (allocation) Acquittal of permits Purchasing Penalties Compensation mechanisms (potentially) Other (eg,offsets)

7. 19 & 20 May 2008 Parliament House, Canberra Progressing towards Certainty Government Green Paper (July) Final Garnaut report (September) Draft Legislation (December) - 2010 –