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ExCeLLONDON| 29- 30SEPTEMBER2009 TheUKhasmadeaggressivestepstowardsalowcarboneconomybyannouncingtheworld'sfirst carbonbudget. Newlegislation, liketheCarbonReductionCommitmentwillsooncomeintoforceto meetthesenewtargets. Howwillthisaffectyourbusiness? Makesureyourbusinessispreparedandunderstandscarbonmanagementandreduction, from carbonfootprintingtocarbonaccountingtosupply- chainemissionsauditing. TheCarbonShowwill offeracomprehensiverangeofexhibitors, seminars, workshops, plenarysessionsandnetworking opportunitiestohelpyourorganisationsucceedinthenewlowcarboneconomy. Pre- registeronlineforfreebefore18Septemberandsave£ 50ongeneral admissiontotheexhibition. www. thecarbonshow. com FUTURE MARKETS? THINK CARBON THECARBONSHOW- DELIVERINGADVICEAND SOLUTIONSONTRADING, REDUCINGAND MANAGINGCARBON Sponsors:

36INNOVATION UK Carbon Connections programme has led to LCIC being granted the role of Fund Operator for the multi- million pound, European Regional Development Fund ( ERDF)- supported regional low- carbon venture capital fund. This venture capital equity investment fund will target invest-ments in SMEs in the low- carbon field within the East of England Development Agency ( EEDA) region. The total project size is expected to be in the region of £ 20 million, comprised of £ 8million from ERDF with additional funds being sought from other VC sources. The fund will be available for applications in early 2010. LCIC has also contributed to the construction of a Com-bined Heat and Power ( CHP) biomass gasifier on the UEA campus. The plant, due to open in late 2009, will run on biomass consisting of woodchip from locally sourced, sustainable forestry and will have the benefit of reducing the university's carbon emissions by a third ( more than 8,000 tonnes) and per capita emissions by over 70% on 1990 levels. It is one of the greenest, most energy- efficient power plants in the country. The plant has an electricity output of 1.4MW generated by a large piston driving an alternator and also produces 2.0MW of heat, which is normally wasted in conven-tional power stations, giving an overall efficiency rating, independently verified, of 86%. Payback time is predicted to be around seven years. After this time, the plant will generate revenue as well as power for the University. The plant will also generate a by- product of 200- 300 tonnes of biochar each year. Biochar is currently being discussed as a significant opportunity for carbon reduc-tion and the LCIC is fortunate to have, in Dr Zoe Wallage, one of the few UK authorities on the subject. Biochar is a fine- grained, highly porous charcoal that helps soil retain nutrients and water. It can be an impor-tant tool to increase food production as well as locking carbon away in the soil as biochar remains stable for mil-lennia, unlike compost, which releases its carbon over the course of a few years. LCIC is soon to start agricultural trials of the material. Since 2003, CRed has helped the general public save over 60,000 tonnes of CO 2 emissions through its pledge system. LCIC has just released an updated online version of the system which enables large organisations and local authorities to engage their workforce or communities in carbon- reduction activities and efficiently record and report on the results. The CRed System is the most robust software of its kind. Innovation is alive and well in the UK but sometimes needs a nudge to send it in the right direction. The LCIC's experience of nurturing innovation puts us in an excellent position to see into the future. There are difficult times ahead but we are confident that we can meet these chal-lenges head on. For more information, please contact: Matt Dolan Low Carbon Innovation Centre E- mail: m. dolan@ uea. ac. uk Tel: 01603 591358 Carbon low carbon inovation centre