Parliament

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

 

NZ company plays global role in carbon market

Rt Hon Helen Clark
Prime Minister of New Zealand

3 July 2008 Media Statement

NZ company plays global role in carbon credit market


Prime Minister Helen Clark today congratulated New Zealand company TZ1 on its appointment as a major player in the global market for carbon credits.

TZ1 has announced its appointment as a global registry for the Voluntary Carbon Standard. It is one of only four registries worldwide for Voluntary Carbon Standards, and services will include electronic transfer of ownership, traceability of credits from their origin, and retirement of credits when required.

“Voluntary Carbon Markets are springing up all over the world and support the efforts of ordinary citizens to take personal steps to reduce their emissions. They help meet consumer demand for action on climate change,” Helen Clark said.

“To work effectively there needs to be the means to measure emissions reductions that have been achieved, to report the reductions, and to have them independently and reliably verified (certified) as having actually taken place. The Landcare CarboNZero scheme is an example of a scheme that can lead to certified reductions. The certified reduction is then a saleable item.

“Voluntary emission reduction initiatives can be valuable testing grounds for new emissions reduction measures. They encourage innovation, and they are complementary to a regulated market, like that provided for in the Emissions Trading Scheme currently before Parliament.

“TZ1’s appointment as a global registry for the Voluntary Carbon Standard will underpin local voluntary emission reduction efforts. It reinforces New Zealand’s reputation as a nation which is serious about combating climate change,” Helen Clark said.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Back Again: Government Approves TPP11 Mandate

The Government has approved a negotiating mandate for Trans-Pacific Partnership 11 (TPP11), which will ensure New Zealand businesses remain competitive in overseas markets.

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>

ALSO:

.

 
 

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>

ALSO:

Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>

ALSO:

Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>

ALSO:

Treaty: Agreement In Principle Signed With Moriori

“The Crown acknowledges Moriori was left virtually landless from 1870, hindering its cultural, social and economic development. The Crown also acknowledges its contribution to the myths that the people of Moriori were racially inferior and became extinct." More>>

ALSO:

Susan Devoy: Call For Inquiry Into State Abuse Reaches UN

Race Relations Commissioner Dame Susan Devoy is in Geneva and has asked a United Nations committee to urge the New Zealand government to initiate an inquiry into the physical and sexual abuse of children and disabled people held in state institutions. More>>

ALSO:

(Not National): Cross-Party Agreement On Pike River Re-Entry

The commitment was signed this afternoon by the leaders of Labour, United Future, The Maori Party, and the Green Party and, together with the earlier commitment by New Zealand First, means that there is now a Parliamentary majority behind the families’ fight for truth and justice. More>>

ALSO:

Earlier:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election