Listen to the panel thrash out the matter by downloading highlights of the second session in a SCMP.com podcast. Download the MP3 directly here or go to our podcast website at: http://podcasting.scmp.com . Alternatively download it through the iTunes podcast directory.

Programme Schedule

8.30	Registration and Welcome Refreshments
9.00	Welcome Remarks
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9.10	Opening Presentation Taiwan's Experience in Environmental Management Daigee Shaw, Research Fellow, The Institute of Economics, Academia Sinica, Taipei
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9.40	Panel Discussion Session 1– Incentivise or regulate—which is the best way of developing a cleaner, more sustainable environment for business and society? • Are taxes the best way of reducing pollution? What other economic incentives can governments offer to encourage the development of sustainable economies? • What impact does regulating pollution have on competitiveness? • What are the long-term costs of ignoring environmental degradation? • How far can any one society looking reducing pollution in isolation from others? • What measures are proving successful elsewhere in the world? Moderator: C. K. Lau, Executive Editor, Policy, South China Morning Post Panelist: Albert Lai, Chairman, Hong Kong People's Council for Sustainable Development David Renton, Global Project Partner, Baker Botts LLP Daigee Shaw, Research Fellow, The Institute of Economics, Academia Sinica, Taipei Nien Dak Sze, Chairman, Atmospheric and Environmental Research Inc., Lexington, USA Roy Tang, Deputy Director, Environmental Protection Department, HKSAR Government Thomas Tang, Senior Advisor, Business Environment Council
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10.30	Morning tea/coffee
10.45	Panel Discussion Session 2– What policies should the government be prioritising to clean up Hong Kong? • Should the polluter pays principle be at the heart of Hong Kong’s environmental policy? • Can households and businesses be made to pay directly to have their rubbish taken away? • How can the electricity utilities be incentivised to use cleaner fuels and emit less pollution? • Is emissions trading a viable means for reducing cross-border pollution? Moderator: C. K. Lau, Executive Editor, Policy, South China Morning Post Panelist: Albert Lai, Chairman, Hong Kong People's Council for Sustainable Development David Renton, Global Project Partner, Baker Botts LLP Daigee Shaw, Research Fellow, The Institute of Economics, Academia Sinica, Taipei Nien Dak Sze, Chairman, Atmospheric and Environmental Research Inc., Lexington, USA Roy Tang, Deputy Director, Environmental Protection Department, HKSAR Government Thomas Tang, Senior Advisor, Business Environment Council
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11.50	Closing Remarks
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12.00	End of Seminar
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