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1 2* TITLE* TITLE* Getting It Right* TITLEISSUE 20 | APRIL - JUNE 2011 | PAGE 1 RH GROUP NEWSLETTERBIGGEST MALL OFFICIALLY OPENSThe offical Grand Openingof the Vision City MegaMall was the talk of thena tion s capital as it shonewith bright colors, lightsand many event coincided withthe 20th Anniversary ofRimbunan Hijau GROUP (RH) PNG s existance in the Openingwas acting Acting PrimeMinister and Minister forWorks Sam Abal. Congratulations to RH foryour day today; for the past20 years for being here, con-gratulations to you and allyour hard working staff, Mr. Abal Abal congratulated RHfor it s 20 year anniversaryand commended the effortsof the company for it scontinued support in thecountry and also acknowl-edged th e GROUP forCARBON TAX: IS IT HERE TO STAY?

2 In August 2010, when JuliaGillard was campaigning inthe national election, shemade a promise: There willbe no carbon tax under thegovernment I lead, she saidto an Australian s a st at em en t th a tAustralia s first female PrimeMinister has undoubtedlylived to regret as she s heardit quoted back to her(Continue to page 2)country will continue to workwith Government and sup-port its vision to promote (continue to page 6)..repeatedly since Februarywhen she announced a billthat would put price oncarbon and as she tries nowto convince the Australianpublic to embrace a law theynever voted for.

3 Most Australians now agreethat our climate is is caused by carbon pol-lution. This has harmful ef-fects on our environment andon the economy, and theGovernment should act, Gi llard said in a televised ad-(time/world+article/+carbon+tax)PATRO N James LauEditor Sub-Editors Mathew Werigi Valerie Puipui Layout&Design Valerie PuipuiINSIDEPage 3:Splinter GROUP putsfo rest deal in doubtPage 4:RH ventures into PalmOilPage 5:HIV/Aids workplacetrainingGuards undergo basiccoursePage 7:2011 International Year ofForestsPage 6:Page 8:Photos from the officialopening of V CityActing Prime Minister Sam Abal unvels the plaque commemoratingthe Opening of Vision City Mega Mall flanked by RH PNG Manag-ing Director James Lau (L) and RH GROUP executive chairman SirTan Sri Tiong Hiew King (R).

4 A magnificant view of the frontentrance of the Mega Mall duringthe Offical Opening which cap-tured the attention of employment tothe people of this Hijau is commit-ted to supporting growthin the country in the longterm, it employs about 7,500 people accross thepage 8/24/11 9:16:27 AM RH GROUP NEWSLETTERWe welcome your suggestions and contributions to improve our future publications, send them to:Public Relations DeptTelephone: (675) 325 7677 (214) Email:RH (PNG) GroupFacsmile: (675) 325 6165 Box 102 Moresby Capital City Official Opening PhotosManaging Director of RH PNG James Lau giving hisspeech during the Offical Grand Bala and Francis Tiong, MD of RH Hong Kongtake time to give their best pose to the Wong (L) and Jenny Chow (R)looking sharp and ready for what Guests (from left) Datin Seri Blanche Olbery, MrAbal, Mr.

5 James Lau, Tan Sri Tiong, Mr StevenRockefeller, Mining Minister John Pundari, Sir RabbieNamaliu and Mr Ivan staff who assisted in the official opening of theVision City guests and staffs listening to Mr. Lau 8/24/11 10:41:16 AM9858 RH NEWS 18/24/11 11:11:59 AM RH GROUP NEWSLETTER A genuine partner in PNG s nation building process 2To placate coal and other industriesthat feel they will be disproportionatelytargeted the tax, the government hasdesigned a $ billion package of re-bates to heavy polluters such as steel,zinc, concrete and aluminum manufac-turers, among others, that will be re-duced gradually each year.

6 A $ bil-lion package has also been offered toprotect jobs in the coal even with these measures, manyworry Australia will be priced out ofthe global market. The tax will pushour coal prices up, but the world s de-mand for coal is not going to decrease, says Michael Roche, chief executiveof the Queensland Resources Council,a not-for-profit industry have had mixed reactions toboth popularly and within his ownparty. Gillard, who again faces theonerous task of convincing thepublic to embrace putting a priceon pollution, looks like she iswedged in an equally complicatedposition. The first Australian governmentto announce a plan for a carbonprice was John Howard s back in2007, she said in her address tothe nation.

7 The debate has beendifficult and divisive, and no gov-ernment no political party orleader can claim to have got ev-erything right during this is the time to move from wordsto deeds. Vapours pour from a steel mill chimney in the industrialtown of Port Kembla about 80km south of Sydney. July7, 2011. Credit Reuters ? Tim ,8599,2083303, mechanism to trigger change, saysBarry Brook, director of Climate Scienceat the University of Adelaide, thoughhe and others agree that $ per ton,even given its incremental rise, is not ahefty enough price tag to instigate anyreal change in the Cook, CEO of the Cooperative Re-search Centre for Greenhouse Gas Tech-nology in Canberra, believes the priceshould be as high as $106 (AU$100) forrenewable energy to become a also worry that theplan s goal of a 5% emissions reduc-tion won t have a significant emits 577 million tons of car-bon dioxide a year just of glo-bal emissions.

8 Bill Hare the director ofClimate Analytics, a non-profit organi-zation that specializes in climate change,be lieves that Australia should aim toreduce its emissions by 25% of 2000levels by 2020. It would be a major stra-tegic contribution globally as it wouldspur others to match this and assist ingetting a strong global agreement. divulged the long awaited details ofClean Energy Future policy lays down the foundationfor the biggest emissions tradingscheme outside of Europe. If passed,from July next year, 500 of Australia stop polluters will pay $ (AU$23) forevery ton of carbon they release intothe atmosphere.

9 That fee will rise an-nually until goal of the bill is to reduceAustralia s total emissions by 5% be-low 2000 levels by 2020 and ultimatelyreduce carbon pollution by 80% below2000 levels by Government has also said thatthey will invest approximately $13 bil-lion into clean technology, focusing onrenewable energy projects such as so-lar wind and geothermal power , 80% of Australia s electricity isderived from coal. Australia is also theworld s leading coal exporter, and thenation s $50 billion coal industry couldbe hit the hardest by the proposed tax. Half of the levy s revenue willbe used to cushion individuals frombearing the brunt of the tax; nine out of10 households will receive tax cuts andpayment , opposition leader TonyAbbott has slammed Gillard s proposal.

10 This go-it-alone car bon tax will alsoimpose a heavy cost on Australian in-dustries that their overseas competitorswill not face. Australian jobs will be sentoffshore for no environmental gain, hesaid in a statement on July 10. Abbottalso faulted the impact it would haveon households and for all the controversy it has gener-ated from interest groups and the po-litical opposition, will Gillard s carbontax plan make a difference to the envi-ronment? Scientists say that it is a stepforward albeit a small one. I amhappy it has been introduced. We needBut before any international col-la boration can take place, Gillard spackage has to pass.