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Topics tagged with 'Kyoto'

More in: Kyoto
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Forester urges Govt to remove carbon market risks

12 Jul 2016

New Zealand will not get forestry investment on the scale needed to tackle climate change unless it cuts risk associated with the carbon market, says a company that planted 6500 hectares of carbon forests in the heyday of the Emissions Trading Scheme.

Nature and wildlife need their own seats at the UN

7 Jul 2016

Whether we consider wild weather, unprecedented Arctic melting and global temperatures, or the Great Barrier Reef, the global environment is generating alarming news.

History of emissions trading winds up

7 Jul 2016

The final chapter of International Emissions Trading Association’s oral history of the carbon market is out.

Paris targets aren’t enough, but we can close the gap

1 Jul 2016

The Paris climate agreement saw countries pledge to limit global warming to well below 2degC, and to aim to keep it within 1.5deg. The problem is that countries' current emissions targets are not enough to meet these goals.

James Renwick

Politicians not helping, says climate academic

29 Jun 2016

Carbon dioxide emissions are rising faster than ever – and political claims that population growth is causing it don’t help, says one of New Zealand’s leading climate scientists.

Carbon market history, chapter five

23 Jun 2016

The role of carbon funds in the growth of the carbon market is the subject of the fifth chapter of IETA’s oral history of the carbon market, From Kyoto to Paris.

Paula Bennett

NZ unlikely to use banked credits, says minister

22 Jun 2016

The Government is unlikely to use New Zealand’s banked carbon credits to make-good on hot-air credits we have already surrendered internationally, a Parliamentary select committee has heard.

Paula Bennett

Big players' threats might force NZ to sign early

20 Jun 2016

Climate Change Minister Paula Bennett says New Zealand might have to ratify the Paris Agreement on climate change this year, as large countries threaten to lock us out of the process to set the crucial rules for the operation of international carbon markets and accounting.

Carbon story part three out now

9 Jun 2016

Are you ready for the next instalment in the story of the birth of the world’s carbon markets?

Nigel Brunel

Carbon prices jump after Budget breakthrough

26 May 2016

Carbon prices jumped this afternoon on confirmation that the one-for-two subsidy is to be phased out, and could reach $20 by the end of the year.

Paula Bennett

NATS' 19%: Bennett blames population growth

26 May 2016

New Zealand’s net greenhouse gas emissions have gone up 19 per cent under the National Government – and Climate Change Minister Paula Bennett is blaming population growth.

James Shaw

Minister puts figure on hot-air credits

26 May 2016

More than a quarter of the units New Zealand used to meet its Kyoto commitments were hot-air credits, Climate Change Minister Paula Bennett said in Parliament yesterday.

Now hear this ...

26 May 2016

If the development of international carbon markets is your idea of a good story, settle back with your headphones and listen to this.

Jo Tyndall

PARIS PUSH: Pact could be ready to go next year

25 May 2016

The Paris Agreement could well come into force next year, says a New Zealander leading work to flesh out the details of the new global climate change pact.

CARBON CRISIS: Our emissions up a whopping 56%

23 May 2016

New Zealand’s net greenhouse gas emissions – the amount it actually contributes to damaging the climate – rose a whopping 56.7 per cent over 24 years in which it was supposed to be cutting emissions, new Government data shows.

Fairness key as UN begins strengthening Paris deal

17 May 2016

The dust has long settled from December’s Paris climate summit, which hammered out the first truly global deal to reduce emissions.

Government might not carry over units

3 May 2016

The Government might not carry any carbon units over after 2020.

Professor Jim Skea

Carbon budgeting big success, says UK expert

27 Apr 2016

Carbon budgeting and an independent statutory body that reports on the Government’s performance have been critical to the United Kingdom’s success in cutting greenhouse gases, says a visiting expert.

Paula Bennett

Bennett stays on course for higher carbon price

26 Apr 2016

Climate Change Minister Paula has again said that carbon prices need to be higher.

ETS ADVICE: Supply more important than price

21 Apr 2016

Any carbon market controls in New Zealand’s Emissions Trading Scheme should be based on supply, not price, says an international business organisation promoting markets to reduce climate change.

Dr Ivan Diaz-Rainey

Dodgy units aside, we could make money from ETS credits

20 Apr 2016

Accusations that almost all the international units brought into the Emissions Trading Scheme are fraudulent are an exaggeration, says an expert who believes that the scheme could generate a nice international export in carbon credits.

Professor James Renwick

WAKE UP! The nation must start taking action

19 Apr 2016

By editor ADELIA HALLETT | A climate change report released today by worried scientists should shake all New Zealanders, from the prime minister down, to their core.

NZ international credits dealing is fraud, says report

18 Apr 2016

New Zealand’s determination to use carried-over international carbon credits to meet its 2020 emissions reduction target make it party to an international fraud, a new report says.

Top table invites us to chew over carbon market

14 Apr 2016

New Zealand is to join a select group of countries talking about developing a global carbon market.

Adopting Paris Agreement could be a year away

13 Apr 2016

It could be year or more before New Zealand ratifies the Paris Agreement on climate change.

Paula Bennett

Climate minister will sign us up to Paris pact

12 Apr 2016

New Zealand will sign the Paris Agreement in New York on April 22.

Could this be a fair dinkum climate policy for Australia?

12 Apr 2016

An Australian think-tank claims to have done the impossible – come up with an effective climate policy that both sides of the political divide can live with.

EXPOSED! Our man in Paris comes in from the cold

12 Apr 2016

It seems there was a would-be John le Carre lurking among New Zealand’s diplomatic corps at the Paris climate negotiations in December.

NZ runs global group setting up trading rules

11 Apr 2016

New Zealand is building a “club of countries” to set the rules for international carbon trading.

PARIS PACT: Will we or won't we join the party?

11 Apr 2016

It’s not yet clear whether New Zealand will be among the nations signing the Paris Agreement on climate change later this month.

Air NZ emissions move wins global support

5 Apr 2016

Air New Zealand’s move to offset greenhouse gas emissions from its aircraft by supporting the restoration of native forests is picking up international momentum.

Dr Neil Mitchell

Depending on how you do the sums, we could be carbon neutral right now

5 Apr 2016

Restoration ecologist and carbon sequestration expert Dr NEIL MITCHELL expands on his claim that New Zealand should be using native forests to offset greenhouse gas emissions

It wouldn't take much for e-cars to ease our emissions

30 Mar 2016

Replacing just 10 per cent of the cars in New Zealand with electric vehicles would cut the country’s greenhouse gas emissions by a million tonnes a year.

Plastic-munching bacteria could fuel recycling revolution

14 Mar 2016

More than 300m tonnes of plastics are manufactured each year for use in everything from packaging to clothing.

Climate denier Ian Macdonald

How climate denial gained a foothold in the Liberal Party

11 Mar 2016

It seems the Liberal Party is still having trouble letting go of climate denial, judging by the New South Wales branch’s demand that the Turnbull government arrange a series of public debates on climate science.

New map will help you navigate the ETS world

7 Mar 2016

The long and sometimes rocky road to the development of an emissions trading market has been mapped.

Wood processors could get the nod with ETS changes

4 Mar 2016

Wood processors could come into the Emissions Trading Scheme under changes being suggested by the Government.

Quitting Kyoto might cost us, new minister hears

2 Mar 2016

Not signing up to the second commitment period of the Kyoto Protocol might cost New Zealand a front seat in the development of international carbon markets, it has been revealed.

The NZEUR is dead, long live the NZETR

2 Mar 2016

New Zealand is getting a new, $12 million emissions registry.

Cold light shines on Paris climate pledges

1 Mar 2016

New research finds signs that many countries are making serious attempts to stick to action pledges made at the Paris climate summit – but others are still lagging way behind.

Energy markets unlikely ally in the emissions effort

25 Feb 2016

In the aftermath of Paris climate talks, analysts lined up to point out why the celebrated agreement was simply not good enough.

NZ to promote international markets idea at UN

22 Feb 2016

A push by New Zealand to develop credible international carbon markets will take a step forward when United Nations climate change negotiators meet in May.

Catherine Leining

ETS ... we're hitting the target but missing the point

22 Feb 2016

Ministry for the Environment officials have been blunt about the Emissions Trading Scheme’s impact to date: “Research for this evaluation, and evidence from the interviews, found no sector other than forestry made emissions reductions over the Kyoto Protocol Commitment Period One (2008-12) that were directly caused by NZ ETS obligations.”

Mika Whaitiri

Bill puts the environment in its place

15 Feb 2016

A bill putting the environment back into environmental protection is back before Parliament this week.

NZ unlikely to act on emissions conditions

25 Jan 2016

­New Zealand is unlikely to activate its conditional 2020 emissions reduction target, officials say.

Target in sight ... but we're dining on leftovers

18 Jan 2016

New Zealand will meet its 2020 emissions reduction target – thanks to a surplus of units left over from 2012, latest government figures show.

COMMENT: Great, now all we need is a plan

15 Dec 2015

By editor ADELIA HALLETT.- Two months ago, Northern Employers and Manufacturers' Association chief Kim Campbell let fly on climate change.

We're beginning to see the wood despite the trees

15 Dec 2015

What’s in the Paris Agreement for forestry? Forest Owners’ Association chief executive DAVID RHODES reports from Paris.

They've done it!

13 Dec 2015

A new global climate change agreement has been reached, with nearly 200 countries committing to a deal described as the end of the fossil fuel era.

Europe shows up NZ Kyoto credits decision

7 Dec 2015

The morality of New Zealand’s plans to use carry-over Kyoto credits to meet its 2020 emissions reduction target is being undermined by European countries cancelling millions of their own carry-over credits.

Adaptation
More >

Media round-up

Thu 9 Jul 2026

In our round-up of climate coverage in local media: The Government re-wrote fast-track law after mining companies pushed for change; costs from inland flooding are expected to rise by up to 53% by 2075; and is there such a thing as a sustainable tourist?

Agriculture
More >

Hurunui to notify climate solution plan change

Thu 9 Jul 2026

By David Hill, Local Democracy Reporter | A North Canterbury council is looking to progress "a uniquely Hurunui solution’’ to sea level rise.

Airlines
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$30m airline fund risks ‘burning public money’ without lasting benefit – expert

20 Mar 2026

By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.

Aviation
More >

‘They want to destroy Corsia’: Brussels takes aim again at airline emissions

2 Jul 2026

The European Commission is planning to shoot down the International Civil Aviation Organisation’s (ICAO) largely voluntary decarbonisation scheme, CORSIA, when it presents plans to overhaul the EU’s carbon pricing system, sources suggest.

Biodiversity
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Biodiversity credit markets need stronger safeguards – report

Wed 8 Jul 2026

By Shannon Morris-Williams | Emerging biodiversity credit markets need stronger government safeguards and public investment if they are to deliver lasting conservation benefits, according to a new report.

Biofuels
More >

Inaction on shipping decarbonisation could cost NZ up to $94b by 2050, report says

30 Jun 2026

By Oli Lewis | Failing to support and enable the decarbonisation of the shipping industry could result in losses of $17.5 billion to $94.4b to the New Zealand economy by 2050, according to a report from the Aotearoa Circle.

Carbon Credits
More >

Emissions Trading Scheme ‘stockpile’ shrinking

Thu 9 Jul 2026

By Liz Kivi | The “stockpile” of NZUs in private accounts continues to shrink, with the latest Environmental Protection Authority figures showing the number has dropped by 9.5 million since this time last year.

Carbon News world
More >

Low-cost loans for solar panels could save households hundreds on bills – thinktanks

Thu 9 Jul 2026

Millions of UK households could save hundreds of pounds a year on their energy bills if the government were to approve low-cost loans for solar panel installation, research has found.

Carbon prices
More >
Biochar

Carbon markets and biochar: a golden opportunity for NZ?

1 Jul 2026

By John O’Brien | COMMENT: New Zealand’s abundant and increasing forestry waste could become a multi-billion dollar opportunity for biochar carbon sequestration – as long as the right policies, programmes, and incentives are in place.

Coal
More >

China's coal power on the rise again in 2026, reversing first-in-a-decade decline

25 Jun 2026

China's coal-fired power generation is set to rebound this year from its first fall in a decade, analysts said, due to the impact of El Nino and ‌the Iran war and as renewable sources of energy have failed to keep pace with demand.

Comment
More >
Dr Rod Carr working in his previous role as Climate Change Commission chair

Politicians need to lead on climate: Carr

30 Jun 2026

As the election campaign heats up, former Climate Change Commission chair Rod Carr has a list of actions he's hoping to see from our aspiring leaders, which includes confronting climate denial as well as refusing funds or policy advice from vested interests.

Construction
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Andrew Eagles, NZGBC chief executive (centre) launched the manifesto last week

Green building council calls for clean energy policies

18 May 2026

The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.

COP
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Parliament Buildings, Budapest

What Magyar’s defeat of Orbán in Hungary means for climate and energy

21 Apr 2026

Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.

Energy
More >

'Get on with it': Greens push for pre-election solar law

Thu 9 Jul 2026

By Shannon Morris-Williams | The Green Party is calling on Parliament to pass legislation enabling low-cost household solar finance before the election, arguing there is now cross-party support following Labour's SolarSaver announcement and National's earlier Home Energy Fund pledge.

Extinction
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WWF-New Zealand chief executive Kayla Kingdon-Bebb

Environmental groups call for ETS reform

20 Feb 2026

Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.

Extreme weather
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Europe may face 'more deadly weeks' as new heatwave builds, WHO warns

Thu 9 Jul 2026

The World Health Organization warned Europe could face “more deadly weeks” ahead, with another intense heatwave forming over the Atlantic.

Fishing
More >

Tarakihi on verge of extinction: Stock collapse exposes major fisheries management failings

3 Jul 2026

Media release: Environmental Defence Society | Fisheries NZ is consulting on new sustainability measures for the country’s two tarakihi stocks.

Forestry
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ACT leader David Seymour

Seymour ‘imploring’ council to go easy on foresters is abuse of authority: EDS

Tue 7 Jul 2026

By Liz Kivi | The Environmental Defence Society says that Regulation Minister David Seymour’s attempt to influence Gisborne District Council to ‘go easy’ on forestry companies in enforcing environmental laws is a clear abuse of ministerial authority.

Fossil fuels
More >

Fifth new petroleum application targets Taranaki

Wed 8 Jul 2026

Media release: New Zealand Government | An application targeting frontier deepwater in the Taranaki Basin marks the fifth permit application to prospect or explore for petroleum since the removal of the exploration ban, Resources Minister Shane Jones says.

Gas
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'Electric election': Labour promises $160m SolarSaver scheme funded by gas investment cuts

Wed 8 Jul 2026

By Oli Lewis | Labour is promising to reprioritise $160 million from the Gas Security Fund to pay for its new SolarSaver policy, designed to accelerate the roll-out of household solar.

Geothermal
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Contact: Protected geothermal fields must be opened to meet 2040 goal

Mon 6 Jul 2026

By Oli Lewis | A goal to double geothermal energy generation by 2040 using existing technologies is unachievable unless some protected fields are reclassified for development, Contact Energy says.

Green finance
More >

How will the World Bank’s abandoned finance goal affect climate action?

Tue 7 Jul 2026

The World Bank has abandoned a target for 45% of the funding it gives developing countries to be “climate finance”, following months of pressure from the Trump administration in the US.

Greenhouse Effect
More >

Conservation bill risks climate goals, lawyers say

1 Jul 2026

By Shannon Morris-Williams | Lawyers for Climate Action NZ says the Government's plan to change the law to encourage economic development on conservation land could undermine New Zealand's climate goals by weakening the land's ability to store carbon, as well as allowing new sources of emissions such as mining.

Greenwashing
More >

Govt climate claims don't match reality, lawyers say

17 Jun 2026

By Shannon Morris-Williams | Lawyers for Climate Action has accused the Government of presenting an overly positive picture of New Zealand's climate progress at the United Nations climate summit in Bonn, arguing key claims on emissions reductions and support for the Paris Agreement's 1.5°C goal are not reflected in domestic policy.

Hydro power
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Lake Onslow

Lake Onslow pumped hydro consortium secures funding for consent push

26 Jun 2026

By Oli Lewis | The consortium behind Lake Onslow pumped hydro has secured funding to finalise its resource consent application, aiming to lodge it under the fast-track process before 2027.

Hydrogen
More >
Kapuni Project Wind Turbines in South Taranaki - Visual Simulation

Ballance secures gas for 2026 as it progresses energy transition plan

16 Jun 2026

By Oli Lewis | One of the largest industrial gas users in New Zealand is working on an energy transition plan to futureproof domestic fertiliser manufacturing, while continuing to secure ongoing gas supply contracts.

Insurance
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Confidence in tackling climate risks remains low

3 Jul 2026

By Shannon Morris-Williams | New Zealanders have little faith in the country's ability to tackle climate risks, with a new poll finding fewer than one in three are confident the country can reduce the impacts of climate change, while many are calling for stronger Government leadership on climate hazards.

Litigation
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Ugandan farmers launch UK court case against East African oil pipeline

Thu 9 Jul 2026

Four Ugandan farmers filed a case with London’s High Court aiming to stop the East African Crude Oil Pipeline from starting to operate by asking the court to apply Uganda’s laws against the project’s UK-registered company.

LNG
More >
Parliamentary Commissioner for the Environment Simon Upton

Commissioner ‘unconvinced’ LNG is the best dry-year solution

26 Jun 2026

By Liz Kivi | The Parliamentary Commissioner for the Environment has told the Energy Minister he is “unconvinced” the government’s proposed LNG import terminal is the best ‘dry year’ solution for the country, and criticised the Government’s “extremely limited” options analysis.

Low carbon
More >

Govt backs hydrogen with national industry summit

Thu 9 Jul 2026

By Oli Lewis | The Government is convening a major hydrogen conference to promote awareness and uptake of the alternative fuel.

Market advice
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Climate risks could reshape business finances, new guidance warns

15 Apr 2026

By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.

Methane
More >

UN chief says fossil fuel industry must cut methane for warming “relief”

25 Jun 2026

UN chief António Guterres called for stronger action to cut emissions of planet-heating methane, taking aim at the fossil fuel industry’s practices and profits, and pointing to coal, oil and gas as the root of today’s climate and energy crises.

Mining
More >

Swarbrick slams $50m critical minerals funding as 'Trump's war machine' subsidy

Tue 7 Jul 2026

By Shannon Morris-Williams | The Green Party has criticised the Government's investment into two West Coast critical minerals projects, claiming the funding could ultimately support the United States defence industry rather than New Zealand's clean energy transition, while Shane Jones dismissed opponents as "flat earth idiots".

Oceans
More >

'Extreme' marine heatwave expected for parts of UK

Thu 9 Jul 2026

A marine heatwave could reach "extreme" levels around parts of the UK later this week, according to the Met Office, raising concerns for marine life.

Oil
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Myles Allen (left) and Pattrick Smellie

Carbon capture and the need for ‘net zero oil’

16 Jun 2026

By Pattrick Smellie | The answer to making carbon capture and storage work is to make fossil fuel producers responsible for making it happen rather than consumers, says Oxford University climate change policy expert, Professor Myles Allen.

Planetary boundaries
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A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline

15 May 2026

Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.

Plastics
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UN plastics pact talks restart amid fears production curbs will be left out

2 Jul 2026

Diplomats reconvene a year after negotiations collapsed, but campaigners fear the agenda risks burying tricky discussions on key elements.

Politics
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Energy Minister Simeon Brown

Energy Minister completes overhaul of EECA board

Wed 8 Jul 2026

By Oli Lewis | The board of the Energy Efficiency & Conservation Authority (EECA) has been completely overhauled since the last election, with Energy Minister Simeon Brown responsible for all six appointments.

Protest
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Northern Thai residents march for action on polluted rivers. ‘This is an emergency’

9 Jun 2026

More than 600 residents of Chiang Mai and Chiang Rai provinces embarked May 31 on a roughly 68-kilometer, six-day ‘peace walk’ to demand the Thai government take action on the river pollution crisis that has seen Thai rivers polluted with heavy metals.

Rare earth minerals
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US defence spending on critical minerals surges in the last decade

22 Jun 2026

Members of communities affected by some of these projects said that U.S. state backing has meant projects are being fast-tracked without the necessary social and environmental checks or meaningful consultation.

Regulation
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Fast-track panel backs proposed Haldon Solar Farm

Mon 6 Jul 2026

By Shannon Morris-Williams | The proposed Haldon Solar Farm in the Mackenzie Basin has moved to the final stages of the Fast-track Approvals Act process after the Fast-track Panel proposed granting approval for the project.

Renewable energy
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Faster consenting, harder trade-offs

Tue 7 Jul 2026

Faster consenting is starting to produce results, but this week's decisions show speed has not removed the harder trade-offs around electricity security, conservation, ecology and climate liability.

Resource management
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Parliamentary Commissioner for the Environment Simon Upton

Upton warns of 'expensive mess' if catchments carved up

1 Jul 2026

The Parliamentary Commissioner for the Environment has warned the Government risks creating an "expensive mess" if it abolishes regional councils without first deciding which environmental functions must still be managed at catchment or regional scale.

Science
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Experts sound alarm over escalating climate impacts

Wed 8 Jul 2026

By Shannon Morris-Williams | Scientists are warning climate impacts are accelerating across our region after a World Meteorological Organization report found last year was the South-West Pacific's second-warmest on record, with impacts including rising seas, marine heatwaves and extreme weather.

Tax
More >
Associate Professor Ru Hong

Carbon trading schemes cut more emissions than carbon taxes, according to global study

20 Mar 2026

By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.

Technology
More >

Lack of finance stalling sustainable innovation – report

12 Jun 2026

By Shannon Morris-Williams | A lack of access to suitable finance is threatening growth in New Zealand's sustainable innovation sector, despite strong confidence and ambitious expansion plans among purpose-driven businesses, according to a new report.

The House
More >

Pacific climate response in question as NZ finance remains unclear

19 Dec 2025

By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.

Transport
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Weakening Clean Car Standard would hurt EV uptake, industry warns

Tue 7 Jul 2026

By Shannon Morris-Williams | Electric vehicle advocates say weakening the Clean Car Standard would reduce access to new EV models, undermining New Zealand's place in global supply chains and slowing the country's transition to lower-emissions transport.

United Nations
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‘Those blocking climate science are not our friends': Pacific leaders warn at Bonn talks

23 Jun 2026

Pacific nations and civil society groups have united at UN climate talks, pushing back against efforts to weaken agreed language on global temperature limits as negotiations continue behind closed doors.

Waste
More >

Next Govt must restart action on plastic pollution

1 Jul 2026

Media release - Zero Waste Aotearoa | Plastic Free July begins with an urgent call to put plastic pollution back on the political agenda. Plastic Free July is a worldwide campaign to reduce plastic waste and eliminate single use plastics.

Water
More >
Green Party co-leaders Marama Davidson and Chlöe Swarbrick

Greens announce water policy, including nitrogen fertiliser phase-out

Tue 7 Jul 2026

By Liz Kivi | The Green Party announced its water policy yesterday, promising to phase out synthetic nitrogen fertiliser, as well as destructive fishing methods, if the party is elected in November.

Wildfires
More >

Tourist spots across Europe hit by wildfires as Greece warns of toxic smoke

Wed 8 Jul 2026

Wildfires are raging across holiday spots across Europe, with hundreds of firefighters battling blazes in Portugal, Greece, and Spain. International reinforcements have been sent to Portugal, where a massive fire has been burning for over three days.

Wind energy
More >

Taranaki offshore wind developer eyes mid-2030s commissioning after law change

3 Jul 2026

By Oli Lewis | The first offshore wind farm in New Zealand could be commissioned by the mid-2030s, with its developer saying a new permitting framework has bolstered investor confidence.

More in: Kyoto
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