Venue
Macquarie Group Limited
Macquarie Group Limited, Level 36, South Tower, 80 Collins Street, Melbourne VIC 3000, Australia

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Event Date Tue Nov 8 AEDT (about 2 years ago)
In your timezone (EST): Mon Nov 7 8:00am - Mon Nov 7 8:00am
Location Macquarie Group Limited
Level 36, South Tower, 80 Collins Street, Melbourne VIC 3000, Australia
Region APAC
Details

This diversification is critical to ensure a strong, thriving Port is created, that will continue to support local jobs and the economic prosperity of the NSW and Hunter Region for generations to come. To do this the Port of Newcastle management team are focused on realising projects now, as it is the actions that are taken now that will shape the Port and the Hunter region over the next and beyond.

As more investors seek greater clarity and confidence in accounting for long-term climate risks and opportunities, the Port of Newcastle, like many other businesses, are adopting strategies to shift away from fossil-based systems of energy production and consumption and move to renewable energy sources such as wind, solar and batteries.

As the world’s largest export coal port, diversification away from thermal coal is not an option for the Port of Newcastle, it is a must.

Diversifying from Thermal Coal
This diversification is critical to ensure a strong, thriving Port is created, that will continue to support local jobs and the economic prosperity of the NSW and Hunter Region for generations to come. To do this the Port of Newcastle management team are focused on realising projects now, as it is the actions that are taken now that will shape the Port and the Hunter region over the next 10, 20, 50 years and beyond.

In this luncheon presentation, Craig Carmody, CEO of the Port of Newcastle, will discuss how the Port is embarking on a number of initiatives as part of its diversification strategy to successfully transition the Port to become the hub for renewable energy which will in turn create a strong, thriving Port that will support local jobs, future career pathways and the economic prosperity of the Hunter Region for generations to come.

Speakers

2022 Speaker

Craig Carmody
CEO, Port of Newcastle