Country expects to hit Kyoto targets
21 Apr 2011

Nick Smith ... ETS is working.
New Zealand is on target to meet its Kyoto target without having to use overseas credits to offset our emissions, latest Government figures show.
The Projected Net Position Report estimates that New Zealand will have a surplus of 21.9 million tonnes for the period 2008 to 2012 – nearly twice as much as expected and worth an estimated $444 million.
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Story copyright © Carbon News 2011