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- W3210126821 abstract "This report updates New Zealand's projected quantity of emissions and removals of greenhouse gases during the first commitment period (2008-2012) of the Kyoto Protocol. The report is known as the 'net position' report. The projected quantity of emissions and removals is a core component of New Zealand's projected financial surplus or deficit over the first commitment period of the Kyoto Protocol. The other components are the international price of emissions units and the exchange rate between the New Zealand and United States currencies. The report is a compilation of sectoral projections from across Government. Agricultural and forest sink projections are provided by the Ministry of Agriculture and Forestry, energy and industrial processes projections are from the Ministry of Economic Development and waste projections are from the Ministry for the Environment. The Ministry for the Environment combines the sectoral projections to create the projected balance of units. This report includes the effects of refinements in modelling process and updated assumptions on variables such as economic growth, population growth and oil prices as at May 2006. The projections use the latest information from the national inventory of greenhouse gas emissions and removals submitted to the United Nations Framework Convention on Climate Change Secretariat on 13 April 2006 (MfE 2006 in press). The projections reported in this document reflect the Government's decision not to proceed with the previously announced carbon tax in December 2005, but do not reflect any impact from the new work programmes being considered by the Government at the time of publication. The projections therefore reflect the climate change policy settings in place at the end of 2005. The net position report provides a projection of greenhouse gas emissions for 2008-2012 relative to total emissions in the base year of 1990. In comparison, the national inventory of greenhouse gas emissions and removals provides a record of New Zealand's actual greenhouse gas emissions and removals from 1990-2004. A key difference is that the net position report is based around Kyoto Protocol accounting rules for land use, land-use change and forestry, whereas the national inventory adheres to the reporting requirements for inventories under the United Nations Framework Convention on Climate Change." @default.
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- W3210126821 date "2006-06-15" @default.
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- W3210126821 title "Projected balance of emissions units during the first commitment period of the Kyoto Protocol" @default.
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