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

Gaza.Scoop: UNRWA School, Ambulances Attacked - Gaza MOH

The Ministry of Health Gaza expresses its horror and outrage at the latest Israeli massacre moments ago at an UNRWA school sheltering displaced persons in Beit Hanoun. Ten people have been killed and there is a large number of wounded. More>>

ALSO:

Gordon Campbell:
On Gaza And Burning The Israeli Flag

One of the selling points in New Zealand’s campaign for a temporary seat on the Security Council is that we have a pluckily independent voice to offer on international conflicts.

This image is not entirely self-delusional. When we did occupy a temporary UN Security Council seat in the 1990s, New Zealand was forthright about the need for the international community to actively respond to the Rwanda genocide. On April 14, 1994, New Zealand, Nigeria and the Czech Republic were the only nations to call for a forceful UN intervention to halt the killings. It was a proud moment in the diplomatic record of the Bolger government.

What then, is the current National government doing with respect to the slaughter in Gaza? More>>

 

Parliament Today:

Minister Told Of FBI Investigation, Says INZ: Coleman Must Quit Or Be Sacked Over Dotcom Case - Harré

Immigration New Zealand has done the right thing in distancing itself from Jonathan Coleman’s claims that ministers were not aware of FBI involvement in Kim Dotcom’s residency application, says the Internet Party. More>>

ALSO:

Valedictory Season: Maori Party Founders Say Goodbye

Two major Maori MPs gave there farewell speeches to Parliament Thursday outlining their history, experiences, triumphs and regrets. More>>

ALSO:

Resignation Not Accepted: Transport Minister Breaches Aviation Security Rules

"Running late for a plane at Christchurch Airport, I without thought breached airport and airline security rules by entering the gate lounge through a door usually used for exit only..." More>>

ALSO:

TAIC Report: Urgent Recommendations After Melling Rail Accident

The Transport Accident Investigation Commission has made four urgent recommendations to KiwiRail following the accident two months ago (27 May) when a Matangi passenger train collided with a stop block at Melling Station, Lower Hutt. More>>

ALSO:

Red Tape: Local Regulations Go Under Microscope

The Government says it is accepting nearly all of the recommendations the Productivity Commission has made on ways to improve local regulations. More>>

ALSO:

Spending Questions: Claudette Hauiti To Step Aside At Election

National Party President Peter Goodfellow confirms that he has received notification from List MP Claudette Hauiti that she plans to step aside at the 20 September election. More>>

ALSO:

EPA: Board Of Inquiry Rejects Basin Flyover By Majority Of 3 To 1

The independent Board of Inquiry delegated to decide on the Basin Bridge Proposal has, by a majority decision (3 to 1), cancelled the Transport Agency’s Notice of Requirement and declined its resource consent applications for the construction, operation and maintenance of a flyover on State Highway 1 in Wellington City... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news