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The place for NZ oriented news releases on climate change and related energy policy.
New Zealand Business Council for Sustainable Development
Seventy seven per cent of New Zealanders think climate change is a problem to be dealt with now or urgently. A nationwide poll conducted between April 4-7, and being published in The National Business Review today, shows New Zealanders strongly support making emitters buy carbon credits, and rewarding those who cut their emissions with carbon credits.They overwhelmingly back managing climate change with policies to insulate homes, fund research into alternative energy sources and cutting animal emissions. However, support starts to weaken for policies to impose new taxes, like putting up registration fees for cars with the largest engines. New Zealanders would rather back emission-cutting policies like paying cash grants to buyers of fuel efficient, low emission vehicles, stepping up subsidies to encourage production of bio fuel from forestry waste, and encouraging forestry planting.
States take emissions trading to COAG - Breaking News - Business - Breaking News
State leaders have agreed on a united front for the meeting with Prime Minister John Howard on setting up a national emissions trading scheme.
But Mr Howard says there'll be no deal on carbon trading before next month's report of a task force studying market proposals.
The eight Labor premiers and chief ministers agreed on a timeline to set up a national scheme by 2010 and to proceed with or without the federal government's involvement.
Editorial: Global peril needs more than hot air - 12 Apr 2007 - NZ Herald: Opinion, Editorial and reader views and comment from New Zealand and around the World
Setting the price of keeping cool - 12 Apr 2007 - NZ Herald: New Zealand Business and Personal Finance News
Working Group II Contribution to the Panel on Climate Change
Fourth Assessment Report Climate Change 2007:
Climate Change Impacts, Adaptation and Vulnerability
Summary for Policymakers
(pdf download)
Recommendations:
International Co-operation
34. Adopt and implement a clear and comprehensive package of climate change policy measures (e.g. economic instruments, flexible mechanisms) to meet New Zealand’s international commitments, giving consideration to setting sectoral targets; develop strategies for future climate protection commitments in line with guidelines of the Intergovernmental Panel on Climate Change.
35. Give consideration to allocating carbon sink credits and liabilities to forest owners, and ensure that the agriculture sector reduces its CHG emissions through low-cost practice changes and efficiency gains (e.g. energy efficiency improvements, increased biogas recovery).
National Business Review (NBR) - Business, News, Arts, Media, Share Market & More
Business NZ has reitered support for a broad-based emissions trading market after 2012 in its submissions to the government's draft energy and climate change strategies.
But the organisation doesn't want to see any interim measures before then, including the proposed targeted tax on thermal generation.
This tax would lead to distortions in the market and higher prices without greenhouse gas reductions, Business NZ chief executive Phil O'Reilly says."
Environmental Defence Society, Home
EDS strongly supports the implementation of an overall climate change policy approach that combines a clear price signal throughout the economy, an active and enhanced project mechanism, and a range of comprehensive and complementary measures.
US court rules against Bush in global warming case - 03 Apr 2007 - NZ Herald: New Zealand and International Environment News
UN-Backed Carbon Trading Plan to Reduce Greenhouse Emissions
An essential tool in efforts to reduce global warming gas emissions is on track for completion with testing in the coming months of a mechanism allowing countries that cut emissions below their targets to sell surplus allowances to others that have deficits, the United Nations body overseeing the project The International Transaction Log (ITL) allows industrialized countries that have signed up to the Kyoto Protocol, which seeks to curb global warming, to link their national registries to the central hub of a settlement system that will deliver traded allowances from sellers to buyers.
The registries of Japan and New Zealand have already linked their test environments to the ITL and have successfully conducted trial transactions."
Broker opens door to carbon market - 03 Apr 2007 - NZ Herald: New Zealand Business and Personal Finance News
