Power generated from cow dung has been identified as one way that New Zealand could make billions from an emissions trading scheme, The New Zealand Herald reported.
The work of a Christchurch company in using biomass for electricity generation is offered in a report issued Monday morning as a curtain-raiser to a climate change conference in Auckland.
The 4th Australia-New Zealand Climate Change and Business Conference will be attended on Tuesday morning by the Prime Ministers of Australia and New Zealand, Kevin Rudd and Helen Clark, who will give their views on climate change.
British Prime Minister Gordon Brown has also agreed to participate in the conference by making a video address.
More than 80 expert speakers from around the world will explore current climate change issues of relevance to business, such as implementing emissions trading and investments.
At the NZ Business Council for Sustainable Development's "clean billions" breakfast at SkyCity on Monday, a report that advises ministers on emissions trading was issued.
The report says businesses will be expected to go beyond "carbon neutral" to become "carbon negative" .
It says businesses could make billions from new technology investments stimulated by the proposed emissions trading scheme.
Some of the main opportunities are included in biomass-like opportunities for some farmers to generate electricity from cow manure methane.
Source:Xinhua
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