Asia Pacific > Chances that NZ cancels Kyoto surplus seen dwindling

Chances that NZ cancels Kyoto surplus seen dwindling

Published 10:43 on August 15, 2016  /  Last updated at 10:43 on August 15, 2016  / Stian Reklev /  Asia Pacific, International, Kyoto Mechanisms, New Zealand

A recent government update shrinking New Zealand’s estimated 2020 Kyoto surplus makes it less likely it will cancel credits equal to the 97 million ERUs used to meet previous targets, the Morgan Foundation think-tank said Monday.
A recent government update shrinking New Zealand’s estimated 2020 Kyoto surplus makes it less likely it will cancel credits equal to the 97 million ERUs used to meet previous targets, the Morgan Foundation think-tank said Monday.


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