Prime Minister: New Kyoto figures give more flexibility to phase in Emissions Trading Scheme
7 May 2008
Prime Minister Helen Clark yesterday released new projections of New Zealand’s Kyoto liability, showing the provisional net position is projected to be a deficit of 21.7 million units during the first commitment period of the Kyoto Protocol (2008-2012).
This compares with the projected deficit reported in May 2007 of 45.5 million units, and is a drop of 52 per cent.
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