Asia Pacific > New Zealand raises expected surplus in meeting 2020 carbon target

New Zealand raises expected surplus in meeting 2020 carbon target

Published 08:50 on May 26, 2017  /  Last updated at 12:08 on May 26, 2017  / Stian Reklev /  Asia Pacific, New Zealand

New Zealand on Friday released updated estimates on its status towards meeting its 2020 climate pledges, increasing by nearly 5% its forecast overshoot of the goal, which will come largely through the banking of almost 124 million leftover carbon rights from the first Kyoto period.
New Zealand on Friday released updated estimates on its status towards meeting its 2020 climate pledges, increasing by nearly 5% its forecast overshoot of the goal, which will come largely through the banking of almost 124 million leftover carbon rights from the first Kyoto period.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.