Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Powerful action taken on climate change

Moana Mackey Member of Parliament

22 March 2005

Powerful action taken on climate change

Eastland Network Limited's proposed Mokairau wind farm near Gisborne is the first to be awarded emission units under the second round of the government's Projects to Reduce Emissions programme.

"The benefits this project is set to deliver are a direct consequence of New Zealand's decision to be part of global efforts to tackle climate change through the Kyoto Protocol," says Gisborne based List MP, Moana Mackey.

"Reducing emissions of greenhouse gases helps preserve the environment for future generations of New Zealanders, while in the short term local communities will benefit from having a more secure electricity supply."

New Zealand was recently named the most attractive country for this sort of business-friendly Kyoto initiative by Point Carbon. International interest in emissions trading is growing with both the Dutch and Austrian governments looking to enter trading arrangements with Kiwi firms for units awarded under the Programme.

The 80,000 internationally tradable emission units awarded to the project could net Eastland $1.2 million if sold at the prevailing international price of around $15.

“The business is delighted with the successful outcome of our tender,” says Matt Todd, CEO, Eastland Infrastructure Limited, management provider for Eastland Network. “The units will assist greatly in the realisation of this important project. We believe its development will benefit our electricity consumers, as well as enhancing our long term strategic commitment to the region’s environment, economic growth and community”.

"I'd like to congratulate Eastland Network for having the foresight to see the environmental and economic benefits taking action on climate change can deliver under Kyoto," says Moana Mackey.


Under the Programme companies and individual can be awarded units for projects that will lead to a net reduction in emissions of greenhouse gases against business as usual that would otherwise not be economically viable. To date, 10 million units have been put out for tender under the Programme.

An emission unit equates to one tonne of carbon dioxide or its equivalent in other greenhouse gases. Units are effectively tradable allowances for greenhouse gas emissions. Each country with targets under the Kyoto Protocol, which entered into force on 16 February 2005, must hold sufficient emission units to match its emissions during the first commitment period of the Protocol that runs between 2008 and 2012.

Eastland Network Limited, electricity network owner and operator for the Gisborne and Wairoa regions.

Located 30kms north-east of Gisborne, the Mokairau Wind Farm is forecast to generate around 27gigawatt hours of electricity per annum. On a daily basis it could provide up to a quarter of the Gisborne region's current peak load electricity requirements and is likely to meet 12.5 per cent of current total consumption in the Wairoa and Gisborne districts.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Zimbabwe: New Democracy, Or A False Dawn?

Gordon Campbell: Robert Mugabe = Hosni Mubarak. The current jubilation on the streets of Harare at the fall of Zimbabwe’s dictator Robert Mugabe is genuine, and one hates to be negative about the country’s future. Yet the situation is eerily similar to the scenes in Cairo in early 2011, when a popular uprising swept Hosni Mubarak from power in Egypt. More>>


Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them. More>>


Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>


Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>


Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>


Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>

Speaking Of Transport: Public Engagement On Wellington Scenarios

“Our work on possible solutions for Wellington’s transport future is ongoing, but has progressed to the stage where we’re ready to share our ideas with the public and seek their feedback to help guide our next steps...” More>>





Featured InfoPages

Opening the Election