Get expert advice and insiGht from leadinG firms and consultants Alberta Environment Alberta Securities Commission Torys LLP Get cost-effective strategies for meeting new regulations Willms & Shier LLP and mandatory emission-reduction targets Davis LLP P Understand-emittingCanadian federal government regulatory framework will ❑ impact CO how the businesses Blake, Cassels and Graydon LLP 2 McMillan Binch Mendelsohn LLP PLearn about the regulatory challenges for green power ❑ EnerLaw LLP PGet best strategies for carbon financing for private sector projects ❑ BDO Dunwoody LLP PProtect yourselfboard liability activism and prepare for evolving disclosure ❑ standards and from shareholder Gowlings Lafleur Henderson PHear the latest update on carbon capture and sequestration directly from Alberta ❑ Environment ClimateCHECK PGet an overview of the legal issues relating to emissions trading and environmental ❑ assessments Golder Associates Limited Carbon Capital Management PHear about thederivatives law implications Securities carbon emissions and ❑ carbon-based securities from the Alberta of trading Commisison PLearn about what is expected to follow the first Kyoto commitment period ❑ presented by: media partner: media partner: Green Register Today! Call 1.800.474.4829 Fax 1.800.558.6520 WWW.INFONEX.CA Canadian Climate Change and Carbon Finance Conference: September 15 and 16, 2008 • Workshop: September 17, 2008 • Calgary, AB YOUR INVITATION TO ATTEND Dear Colleague, an, d Turning the Corner pl With the federal gove rnment's 2008 budget an s that will be the anticipated change you can’t affor d to be unprepared for rnment is fall, the federal gove upending the Canadi an industrial sector. Th uction regu- gas (GHG) intensity red e draft of its greenhouse ate will publish th take effect in 2010. Clim lations, with the final regulations expected to s as issues for ly established themselve change and ca rbon finance have firm uired to balance environ men- Canadian corporation s, which will soon be req . ined economic growth tal protection and susta r ce has been designed fo ate Change and Carbon Finan tal com- Infonex's Canadian Clim arged with environmen executives, in-house counsel, and lawyers ch tools you need u the information and pliance. This conference will give yo ar about market uncertainties. He to navigate through regulatory and carbon nal policy implemen- ct from Canadian and internatio structure what you should expe instruments and how to tation. Learn how to create tradable carbon able energy projects. carbon funds and renew onomic chal- for the technical and ec Your industr y needs to be prepared n Climate mework. Attend Canadia this new regulatory fra - lenges presented by tion to fulfill your reduc ce to position your organiza Change and Carbon Finan ile meeting stakeholder e and cost-effectively, wh tion obligations on tim onomic objectives. Regis ter today! expectations and your long-term ec Sincerely, special P.S. Don’t miss our CO2 storage Christopher Graham half-day workshop on Alberta! Vice-President, Confere nces and EOR schemes in INFONEX Inc. Register Today! Call 1.800.474.4829 Fax 1.800.558.6520 WWW.INFONEX.CA Canadian Climate Change and Carbon Finance Conference: September 15 and 16, 2008 • Workshop: September 17, 2008 • Calgary, AB Day 1 AGENDA: MONDAY, SEPTEMBER 15, 2008 8:00 – 9:00 Registration and Continental Breakfast 11:30 – 12:30 Environmental Assessment Update 9:00 – 9:10 Rob Janzen, Vice-President, Western Canada Operations, Welcome and Opening Remarks from the Chair ClimateCHECK Dennis Mahony, Partner, Torys LLP • State of play • New federal regulations 9:10 – 10:10 • Strategies for successful projects What to Expect in the Evolving Regulatory and Policy Framework for Climate Change 12:30 – 1:40 Luncheon Paul Manning, Partner, Willms & Shier LLP • Canada's federal proposals for a climate change regulatory frame- 1:40 – 2:40 work Emissions Trading: Legal and Industry Overview - what is proposed, and when will it take effect? Patricia Leeson, Partner, Gowlings Lafleur Henderson - what are the obligations, and what are the opportunities? Lisa Jamieson, Associate, Gowlings Lafleur Henderson • International context • Canadian emissions-reduction purchase agreements - what are the tensions between federal proposals and Kyoto? • Other trading documents - what the U.S. is expected to do, and how will it influence • Due diligence and trading risks federal proposals • Domestic context 2:40 – 3:00 Networking Break - what the provinces are doing - tensions between provincial and federal proposals • What companies should be doing now 3:00 – 4:15 Carbon Finance: Strategies for Private Sector 10:10 – 10:30 Networking Break Projects Douglas Tingey, Associate Counsel, Davis LLP 10:30 – 11:30 Skip Willis, CEO, Carbon Capital Management • Creating tradable carbon instruments Securities Law Implications of Carbon Credits • Kyoto protocol projects and Derivatives • Voluntary and mandatory regimes contrasted Barbara Hendrickson, Partner, McMillan Binch • Project agreements Mendelsohn LLP Tom Graham, Director, Corporate Finance, Alberta 4:15 – 5:00 Securities Commission Green Power: Regulatory Challenges • Structuring of carbon funds Ron Hansford, Partner, Gowlings Lafleur Henderson • Types of funds • Alternative and renewable energy sources in Canada • Securities products • Particular challenges of wind, clean coal, and new hydro • Accounting, disclosure, and exchange issues • Funding incentives WHO SHOULD ATTEND THIS EVENT SPONSORSHIP AND EXHIBITION OPPORTUNITIES • In-house Counsel • Lawyers Practicing: If you would like to increase your visibility with senior executives - environmental law and professionals working with legal and environmental issues, • Compliance Executives you need to be at the Canadian Climate Change and Carbon Finance - securities law • Climate Change Managers and - corporate finance law conference. A limited number of sponsorship options are available Executives - commercial law including: exhibit space, cocktail reception, luncheon, breakfast, and - tax law conference documentation. • Emissions Trading Brokers, - project finance law For more information and to check availability, contact our Lawyers, and Consultants - insurance law sponsorship department by telephone at 416.971.4177, ext. 244, • Major Energy Site Managers - energy law or send an e-mail message to: email@example.com. Register Today! Call 1.800.474.4829 Fax 1.800.558.6520 WWW.INFONEX.CA Canadian Climate Change and Carbon Finance Conference: September 15 and 16, 2008 • Workshop: September 17, 2008 • Calgary, AB Day 2 AGENDA: TUESDAY, SEPTEMBER 16, 2008 8:00 – 9:00 Continental Breakfast 12:30 – 1:40 Luncheon 9:00 – 9:10 1:40 – 2:40 Opening Remarks from the Chair Douglas Tingey, Associate Counsel, Davis LLP Understanding Oil Production and Carbon Emissions: Canada’s Challenge 9:10 – 10:10 Duff Harper, Counsel, Blake, Cassels and Graydon LLP Shareholder Activism, Evolving Disclosure • Comparing provincial and federal greenhouse gas (GHG) require- Standards, and Board Liability ments Mike Pickersgill, Partner, Torys LLP • Impact on cross-border and international GHG issues • Evolving climate change regulations and their impact on issuers • Dealing with the stigma of "dirty fuel" • Role of institutional investors in encouraging disclosure 2:40 – 3:40 • Position of U.S. and Canadian securities regulators and best practices Carbon Capture and Sequestration Overview Carmen Marshall, Partner, Gowlings Lafleur Henderson 10:10 – 10:30 Networking Break Jay Nagendran, Assistant Deputy Minister for Oil Sands Environmental Management, Alberta Environment • How does carbon capture and storage work? 10:30 – 11:30 • Legal issues associated with carbon capture and storage Climate Change Litigation: Emerging Risks and • Recent initiatives in Alberta Uncertainties John Terry, Partner, Torys LLP 3:40 – 4:00 Networking Break • Potential constitutional challenges to federal regulations • Legal basis for climate change litigation under Canadian law 4:00 – 4:45 • Interaction of Kyoto, WTO, and BIT obligations: potential for trade sanctions Looking beyond the First Kyoto Commitment Period 11:30 – 12:30 Mark Madras, Partner, Gowlings Lafleur Henderson Impact of Evolving International Standards on • Where does the international community stand with respect to the Extractive Industries post-2012 GHG reduction commitments? Colin Graham, Associate, Torys LLP • Where does Canada stand with respect to post-2012 international Karen Whistler, Team Leader, Global Sustainability GHG commitments? Services, Golder Associates Limited • Implications of the current state of affairs for GHG reduction • Canadian resources companies operating internationally projects • UN and World Bank guidelines 4:45 – 5:00 • Extractive Industries Transparency Initiative (EITI) • Corporate social responsibility Closing Remarks from the Chair OPTIONAL WORKShOP: WEDNESDAY, SEPTEMBER 17, 2008 (9:00 – 1:00) CO2 Storage and Enhanced Oil Recovery (EOR) Schemes in Alberta: Property Law Issues and Regulatory Requirements Emil Breza, Director, Greenhouse Gas Advisory Services, BDO Dunwoody LLP William Laurin, Oil and Gas Solicitor, EnerLaw LLP Paul Negenman, Oil and Gas Solicitor, EnerLaw LLP The presentation will provide you with a broad overview of many of the practical property law issues and regulatory concerns related to the implementation of CO2 storage and EOR schemes in Alberta: • General property law concepts • Directive 65 EOR schemes • Basic technological principles - project plan validation • Oil and gas rights • Directive 65 disposal and storage • R&D tax credit availability - project implementation • Leases and unit agreements schemes • Steps required to generate - project verification • Operating and royalty agreements • CO2 ownership carbon credits • Monetizing the credits • Directive 56 and surface access • Pre-submission rights verification - project plan and assertion Register Today! Call 1.800.474.4829 Fax 1.800.558.6520 WWW.INFONEX.CA Register Today! Call 1.800.474.4829 Fax 1.800.558.6520 WWW.INFONEX.CA Location: Canadian Climate Change and Carbon Finance will be held at a convenient location in Calgary, AB. Detailed venue information will be provided with your registration confirmation. your Registration Includes: Registration fees include all course materials, continental breakfast, lunch, and refreshments. Parking and accommo- dation are not included. Group Discount: If 3 individuals from one orga- nization register at the same time, a 4th person may also be registered to attend free of charge. The free registration must be of equal or lesser value than the paid registrations. All discounts will be applied against the full conference fee. You cannot combine multiple discounts – only one discount can be used per registration. THREE KEy BENEFITS OF ATTENDING THIS EVENT Mailing List Update/Removal: To add, update or remove your information from the Infonex mail- 1) Hear directly from Alberta Environment on carbon capture and sequestration ing list, please call 1-800-474-4829, and select Option 3, or complete the online form at www. 2) Prepare for the upcoming regulations that will set a new national carbon standard infonex.ca. Please note: Infonex prepares mail- ings several weeks in advance; it may take such 3) Compare your current challenges with those of industry leaders time for the updates to come into effect. REGISTER By PHONE, ON-LINE, OR IN THESE 3 EASy STEPS! PRIORITY CODE: 837-W 1 PRINT yOUR NAME AND CONTACT INFORMATION 3 SEND US yOUR REGISTRATION ❑ Yes! Register me for Canadian Climate Change and Carbon Finance FAX: 1.800.558.6520 Mr./Ms./Mrs.____________________________________________Title______________________________ @ E-MAIL: firstname.lastname@example.org Organization _________________________________________________________________________________ ☎ TELEPHONE: 1.800.474.4829 Name of Approving Manager______________________________________Title___________________________ WEBSITE: www.infonex.ca Address ___________________________________________________________________________________ ✉ MAIL: INFONEX INC. 67 Richmond St. W., 7th Floor City _____________________________ Province______________ ___ Postal Code _____________________ Toronto, Ontario M5H 1Z5 Telephone ( ) __________________________ Ext ____________ Fax ( ) _________________________ E-mail address _______________________________________________________________________________ CANCELLATION POLICy: Send me information by ❑ E-mail ❑ Postal Mail ❑ Fax Substitutions may be made at any time. If you Company’s main line of business _______________________________ Number of Employees at site:__________ are unable to attend, please make cancellations in writing and fax to 1-800-558-6520 no later 4th Delegate Attends FREE! than September 1, 2008. A credit voucher will 2 SELECT yOUR OPTION(S) AND METHOD OF PAyMENT be issued to you for the full amount, redeemable against any other INFONEX course and which REGISTRATION FEES: Register and pay by JULy 18 Register and pay by AUGUST 15 FULL PRICE is valid for twelve months (one year) from the Conference Only $1,799 + GST $1,999 + GST $2,199 + GST date of issue. If you prefer, you may request a Conference and Workshop $2,249 + GST $2,499 + GST $2,749 + GST refund of fees paid, less a 15% administration fee. Registrants who cancel after September 1, SELECT yOUR OPTION(S): ✔ ❑ Conference ❑ Optional Half-Day Workshop 2008, will not be eligible to receive any credits or refunds and are liable for the entire registra- ❑ Please charge to my ❑ VISA ❑ MC ❑ AMEX ❑ Cheque enclosed, payable to INFONEX tion fee. Card Number: _________________________________ Exp. Date: ________ / ________ Confirmed registrants who do not cancel Signature: _______________________________________________________________ by September 1, 2008 and fail to attend will be liable for the entire registration fee. ❑ Please check box if you are GST exempt GST No. R134050012 INFONEX reserves the right to cancel any conference it deems necessary. In the unlikely event that a conference is cancelled, INFONEX's liability is limited to paid registration fees; INFONEX will not assume any further liability for incidental costs including (but not limited to) hotel and air fare. INFONEX also reserves the right to change the date, location, and content for event(s) offered herein without further notice and assumes no liability for such changes. Visit www.infonex.ca for current conference information. INFONEX is a registered business name of INFONEX INC.