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

 


Groser welcomes assurance on access to Kyoto Carbon Markets

Hon Tim Groser
Minister for Climate Change Issues

11 December 2012
Media Statement

Groser welcomes assurance on access to Kyoto Carbon Markets

Minister for Climate Change Issues Tim Groser has welcomed the assurance of the Environmental Protection Authority (EPA) regarding future access to existing Kyoto carbon markets after 1 January 2013.

“There has been significant ill-informed commentary regarding the impact of the decisions made in Doha regarding access to Kyoto carbon markets from 1 January 2013 which is causing unnecessary concern for many participants in the New Zealand Emissions Trading Scheme.

“The issue is a technical one relating to how the rules will apply. I am grateful to the EPA for clarifying the situation with respect to the period 2013 – 2015,” says Mr Groser.

New Zealand businesses can continue to access existing Kyoto carbon markets from 1 January 2013 until the conclusion of the Kyoto Protocol First Commitment Period (CP1) in 2015.

The agreement reached in Doha limiting trading access to Kyoto carbon markets during the Kyoto Protocol Second Commitment Period (CP2) to developed countries taking their commitment under the Kyoto Protocol will not restrict access by New Zealand businesses during this period.

The Government is reviewing a number of trading options for the balance of the period through to 2020 when the new comprehensive international agreement will become operational. It is also continuing with the development programme for the auctioning of New Zealand units.

“It is inconceivable that a long term agreement which much encompass all major emitters can be finalised without a robust market instrument,” says Mr Groser.

EPA Statement on Access to Kyoto carbon markets from 1 January 2013 can be found at: http://www.epa.govt.nz/news/erma-media-releases/Pages/Access%20to%20Kyoto%20carbon%20markets.aspx

Further information can be found on the Emissions Unit Registry website: http://www.eur.govt.nz/

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Parliament Today: State Opening Of Parliament

The House sits at 10.30am today before MPs are summoned to hear the Speech from the Throne in the Legislative Council Chamber.

The speech delivered by the Governor-General on the Government’s behalf outlines its priorities for this Parliament.

After this MPs will return to the House for the presentation of petitions and papers and the introduction of any bills.

The Government has five notices of motion on the Order Paper which can be debated. These relate to relating to the appointment of the Deputy Speaker, Assistant Speakers, the reinstatement of business in a carryover motion and one on “Entities to be deemed public organisations”. More>>

 

Tertiary Education: Students Doing It Tough As Fees Rise Again

The Government is making it increasingly difficult for Kiwis to gain tertiary education as fees continue to rise and access to student support becomes even more restricted, Labour’s Tertiary Education spokesperson Chris Hipkins says. More>>

ALSO:

Housing, Iraq: PM Press Conference – 20 October 2014

Prime Minister John Key met with press today to discuss:
• Housing prices and redevelopment in Auckland
• Discussions with Tony Abbott on the governmental response to ISIS, and New Zealand’s election to the UN Security Council More>>

ALSO:

Labour: Review Team Named, Leadership Campaign Starts

Labour’s New Zealand Council has appointed Bryan Gould as Convenor of its post-General Election Review. He will be joined on the Review Team by Hon Margaret Wilson, Stacey Morrison and Brian Corban.

ALSO:


Roy Morgan Poll: National Slips, Labour Hits Lows

The first New Zealand Roy Morgan Poll since the NZ Election shows National 43.5% (down 3.54% since the September 20 Election). This isn’t unusual, National support has dropped after each of John Key’s Election victories... However, support for the main opposition Labour Party has crashed to 22.5% (down 2.63% and the lowest support for Labour since the 1914 NZ Election as United Labour). More>>

ALSO:

In On First Round: New Zealand Wins Security Council Seat

Prime Minister John Key has welcomed New Zealand securing a place on the United Nations Security Council for the 2015-16 term. More>>

ALSO:

TPP Leak: Intellectual Property Text Confirms Risk - Jane Kelsey

The US is continuing its assault on generic medicines through numerous proposed changes to patent laws. ‘These are bound to impact on Pharmac if they are accepted’, according to Professor Kelsey... Copyright is another area of ongoing sensitivity... More>>

ALSO:

RMA: Smith Plans Reform To Ease Urban Development

Newly appointed Environment Minister Nick Smith has announced Resource Management Act reform to foster urban development, where high land prices and expensive resource consents are blocking efforts to provide affordable housing. More>>>

ALSO:

Gordon Campbell: On New Zealand getting involved (again) in other people's wars

Apparently, the Key government is still pondering how New Zealand will contribute to the fight against Islamic State. Long may it ponder, given the lack of consensus among our allies as to how to fight IS, where to fight it (Syria, Iraq, or both?) and with whose ground troops, pray tell? More>>

ALSO:

Gordon Campbell: On child poverty, and David Shearer’s latest outburst

The politicisation of (a) the public service and (b) the operations of the Official Information Act have been highlighted by the policy advice package on child poverty that RNZ’s resolute political editor Brent Edwards has finally prised out of the Ministry of Social Development. More>>

ALSO:

Gordon Campbell: On the government’s review of security laws

So the Key government is about to launch a four week review of the ability of our existing legislation to deal with “suspected and returning foreign terrorist fighters, and other violent extremists.”

According to its terms of reference, the review will consider whether the SIS, GCSB and Police are sufficiently able right now to (a) investigate and monitor suspected and returning foreign terrorist fighters… More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news