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Kyoto Protocol Ratification Good For Solar Power

Media Release from New Zealand Photovoltaic Association
17 May 2002

Kyoto Protocol Ratification Good For Solar Electricity

"News that the Foreign Affairs and Trade Select Committee has recommended that Government ratify the Kyoto Protocol is very welcome" said Dr Tony Bittar, chairman of the New Zealand Photovoltaic Association.

The Association sees significant immediate benefits for the fledgling New Zealand solar electricity industry. Ratification of the Protocol ensures that opportunities for new business developments in the Asia Pacific region under the "Clean Development Mechanism" (CDM) will be available to New Zealand companies.

The NZPVA looks forward to working urgently with Government to initiate and realise these opportunities for New Zealand business. We must begin work immediately to capture the CDM Protocol benefits ahead of international competitors. We can not afford to wait until the Protocol comes into force in 2008.

"Announcement of possible climate change support measures aimed at preventing the burning of more fossil fuels for electricity generation is also very welcome. Solar electricity will be a leading source of electricity in the future" concluded Dr Bittar.

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