says Australia's decision to ratify the Kyoto Protocol puts the nation back on the map in the fight against climate change.

It opens up opportunities in the clean development mechanism initiative. It opens up opportunities for Australian companies, through joint implementation, to work with other companies in developed countries

the new Federal Government will need to tackle old growth logging if it is to meet its Kyoto targets

deforestation, which produces 20 per cent of global emissions, mostly from developing countries.

Australia says it will sign up to the next round of the Kyoto agreement to cut global pollution if countries like China and India agree to a binding commitment to cut emissions.

emissions targets from industrialised countries to range from between 25 and 40 per cent by 2020

there have been discussions on incentives for developing countries to limit the growth of their emissions

Australian business can now benefit from the trading that surrounds the Kyoto Protocol.