The live monitoring of carbon emissions for sustainable international trade and exchange

There is growing hypothesis that, following the current economic crisis, carbon trading will kick start the stock markets once again and that carbon is a new “commodity” albeit now being traded in a traditional way. This carries several disadvantages; the most pressing being that “if you can’t measure it then you cannot improve it”, rendering any audit meaningless as a real improvement measure and resulting in the view that carbon trading is merely another form of taxation. This paper will discuss the options of live monitoring and recording of trade waste resources and offer a framework for viable trading of tangible commodities such as carbon. Furthermore, the paper will offer insight into how Australian companies can lead the world in the technology critical deliver viable resource commodity trading.