New Zealand’s Climate Response Officially Inadequate – UN
A UN review team has officially confirmed that New Zealand’s response to climate change is inadequate. It could find no plan for two thirds or more of what is …
Integrity Gap: Copenhagen Pledges and Loopholes
Rather than the deep cuts on 1990 level emissions that are required, current pledges by developed countries would allow them to maintain business as usual emission levels, once “loopholes” …
Taxpayers Face $1.1 Billion Kyoto Liability After ETS Charges Paid
New Zealand’s failure to reduce emissions to its Kyoto Protocol target means the taxpayer still faces a $1.1 billion net liability after all the ETS charges have been paid. …
Loopholes Negate Copenhagen Pledges for Emission Reductions
Rather than a cut on 1990 level emissions, current pledges by developed countries are likely to result in a net increase on this baseline once “loopholes” are taken into …
ETS Change Puts Major Pressure on New Carbon Currency
The new carbon currency proposed under the Emissions Trading Scheme (ETS) is likely to come under major pressure as a result of the two-year delay on charges to apply …
Potential Scale of Kyoto Bill Will Drive Setting of a Price on Carbon
The Sustainability Council welcomes Government’s indication that its favoured cross-sector mechanism for addressing greenhouse gas emissions is an emissions trading regime.
However, such a mechanism for setting a price on …
