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Consultation on restricting ETS units

European Union, New Zealand - November 14 2012 Starting next Monday, the Government will be undertaking a two week consultation with stakeholders on its proposal to exclude certain types of international Kyoto units from the New Zealand Emissions Trading Scheme (NZ ETS).

Craig Shrive, Dan Jones, Tim Clarke.

New act extends the NZ ETS "slow-down" period

New Zealand - November 14 2012 Groser's announcement about the second Kyoto commitment period was made the same day that the Climate Change Response (Emissions Trading and Other Matters) Amendment Bill passed its third reading in the House.

Craig Shrive, Dan Jones, Tim Clarke.

Government favours flexibility over second Kyoto period; departs from Australian and EU approaches

Australia, New Zealand - November 14 2012 Climate Change Minister Tim Groser announced last week that New Zealand will not be signing up to a second commitment period under the Kyoto Protocol (CP2) after the current commitment period expires at the end of this year

Craig Shrive, Dan Jones, Tim Clarke.

Airline carbon tax put on hold

European Union, New Zealand - November 14 2012 Prime Minister John Key has welcomed the decision of the European Union to suspend for a year its plans to impose a carbon emission tax on all airlines flying to and from EU member countries.

Craig Shrive, Dan Jones, Tim Clarke.

Australia's carbon pricing begins

Australia, New Zealand - July 5 2012 In November 2011, the Australian Federal Parliament passed its much awaited (and debated) Clean Energy legislation establishing a carbon pricing mechanism, which launched this week on 1 July 2012.

Craig Shrive, Dan Jones, Tim Clarke.