Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search

 


NZ forgoes Kyoto for new climate plan negotiations

NZ forgoes Kyoto for new climate plan negotiations – experts respond

New Zealand will not commit to a second round of Kyoto Protocol emissions reductions but will instead make pledges under the United Nations Convention Framework on Climate Change, the Government said this afternoon.

The move sees New Zealand join several of the world’s largest emitters, including the US, China and India, in negotiating a replacement treaty to Kyoto which could be approved by 2015 and in effect by 2020.

In contrast, Australia today committed to a second round of the Kyoto Protocol which will take effect from 2013.

The Science Media Centre rounded up reaction from climate scientists and climate policy experts. Please feel free to use the comments below or contact the SMC to speak to an expert.

Further comments will be added to the SMC’s website www.sciencemediacentre.co.nz

Dr Suzi Kerr, Senior Fellow at Motu Economic and Public Policy Research, comments:

“The three key issues as I see it are:

1. International perception;

2. New Zealand’s ambition between now and 2020 – e.g. 10% or 20% below 1990 on average?;

3. how New Zealand contributes to international mitigation – our ‘access to international carbon markets’

“Perception: addressing international climate change is a cooperation problem. We know from game theory, behavioural experiments and experience with local commons (e.g. Ostrom) that humans can cooperate to solve problems. We also know that in order to do that they need to build trust and reward/penalise each other based on historical behaviour. It is hard to tell what a country’s true climate mitigation effort is. It is important to both contribute our share to climate change mitigation and also have others perceive that we are contributing our share. That will give others confidence to increase their own contribution without feeling that they might be ‘suckers’. Can New Zealand leave Kyoto but maintain the perception that we are committed to the global effort? That will depend on our commitments.

“New Zealand’s ambition: We need to provide clarity on what exactly our target will be and how it will be measured. This could be expressed as a carbon price to apply in our economy (independent of international markets – following Australia’s example), or, if we can create effective and credible ways to support mitigation in developing countries it could be a quantitative ‘responsibility target’ (we either mitigate within NZ or pay for it to be done elsewhere) that aims at a similar level of stringency; or a combination of both, particularly while only some sectors are covered by the ETS and we continue to protect some activities against leakage.

“If leaving Kyoto means we diverge from Kyoto measurement rules, we will need to be very clear on what this means for the stringency of our commitment, possibly reporting in both ways.

“How do we contribute to mitigation in developing countries? Currently we do this primarily through the Clean Development Mechanism (CDM) (but also through research cooperation such as the Global Research Alliance). The CDM is a flawed mechanism because it has high transaction costs, focuses on a few large developing countries and has dubious environmental integrity. Several New Zealanders are working on ways to create an alternative approach, for example through supporting development of emissions trading systems in developing countries that have clear targets and strong compliance mechanisms.

“If these were created, we could link to them and purchase emission units with confidence that they represent real emission reductions. We may be able to do this more effectively outside Kyoto where we can experiment on our own or in collaboration with a small group of countries.

“Many other countries, and much of the most interesting and promising action on climate mitigation is now taking place outside of the Kyoto Protocol. The challenge is to make this a positive step for climate mitigation and cooperation and not an opt out.”


ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: MRP Senior Managers In Line For $1.2M In Bonus Shares

Senior executives of newly listed, state-controlled MightyRiverPower are in line for shares in lieu of cash bonuses worth $1.2 million for the year to June 30, one of the company’s first disclosures to the NZX and ASX as a listed company show. More>>

ALSO:

Scoop Business: NZ Houses Overvalued By 25%, IMF Says

New Zealand housing is already overvalued by about 25 percent and if it continues to rise may force the Reserve Bank to hike interest rates, according to the International Monetary Fund. More>>

ALSO:

Odometer Moments: CO2 Hits 400ppm

As the amount of heat-trapping carbon dioxide in the atmosphere hit the symbolic milestone of 400 parts per million (ppm), youth climate change organisation Generation Zero says it is time for New Zealand to rise to the challenge of building a zero carbon future. More>>

Trust Planned: Shared Vision For Mackenzie Basin Welcomed

Conservation Minister Dr Nick Smith and Environment Minister Amy Adams today welcomed a report proposing a way to manage the contentious land intensification, water, landscape, and biodiversity issues in the Mackenzie Basin. More>>

ALSO:

Scoop Business: Fidelity Acquires Most Of Tower’s Life Business For Net $70M

Fidelity Life Assurance has acquired most of Towers life insurance business for a net amount of about $70 million, propelling the closely held company to the third-largest in the market. More>>

ALSO:

The Friendly Skies: Air NZ Pressures Regulator To Drop ‘Untenable’ Cartel Case

Air New Zealand, the national carrier slated for a partial sell-down by the government, has ramped up pressure on the Commerce Commission to drop its long-running pursuit of the airline’s alleged involvement in a global cartel on air cargo surcharges. More>>

ALSO:

Scoop Business: NZ Jobless Rate Falls To 6.2% On Record Employment Jump

New Zealand’s jobless rate fell to a three-year low in the first three month of the year as the employment rate grew for the first time in four quarters, fuelled by demand for workers in Canterbury. More>>

ALSO:

New SOP: No Patents For Computer Software

“Following consultation with the NZ software and IT sector, I am pleased to be further progressing the Patents Bill with this SOP. These changes ensure the Bill is consistent with the intention of the Commerce Select Committee recommendation that computer programs should not be patentable,” says Mr Foss. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Sci-Tech
Search Scoop  
 
 
Powered by Vodafone
NZ independent news