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

 


Potential $10.65 million Kyoto boost for Southland

26 May 2005

Potential $10.65 million Kyoto boost for Southland

This government's ratification of the Kyoto Protocol is set to result in clean, green power flowing to around another 25,000 homes. The proposed White Hills wind farm has been awarded 710,000 internationally tradable emissions units under the government's Projects to Reduce Emissions programme. If sold at $15 each they would be worth $10.65 million.

"This government is taking a responsible approach to climate change and managing our economy. The key to this is the ratification of the Kyoto Protocol. Under it we are transforming our economy for growth in a world where greenhouse gas emissions are priced," says Convenor of the Ministerial Group on Climate Change, Pete Hodgson.

"The Programme would not exist if we were not in Kyoto. It alone is forecast to help us save over 11 million tonnes of carbon dioxide emissions and has helped bring forward over 800 MW of power projects."

Meridian Energy's proposed project comprises 29 wind turbines to be sited near Lumsden. The scheme is forecast to offset the emission of around 794,063 tonnes of carbon dioxide between the years 2008 and 2012; the first commitment period of the Kyoto Protocol.

"By tackling climate change in this way, this scheme is helping to protect the environment and the unique Kiwi lifestyle for future generations. At the same time, it will help meet the power needs of our growing regional economy in a sustainable way."

Under the Programme, units are awarded to projects that lead to a net reduction in emissions against business as usual that would otherwise not go ahead and that are successful in a tender round. To date, 10 million units, which are internationally tradable, have been out for tender.

The proposal is subject to normal planning processes.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news