New Zealand's greenhouse gas emissions growth is measured for Kyoto Protocol compliance and is on the increase since 1990 and is calculated to increase over the first five year commitment period of the Kyoto Protocol.
As at May 2006, New Zealand's net position is projected to be a deficit of 41.2 million units [One emissions unit is equivalent to one tonne of greenhouse gas emissions converted to carbon dioxide equivalents by the global warming potential.] over the first commitment period of the Kyoto Protocol. The net position is projected to range between a surplus of 1.4 million units under a lower emissions scenario and a deficit of 76.1 million units under a higher emissions scenario.
The May 2006 projection shows a change from previous projections. In May 2005, the most likely estimate for the projected net position was a deficit of 36.2 million units with a high scenario of a deficit of 62.6 million units and a low scenario of a deficit of 11.3 million units. This was updated to a deficit of 64.0 million units in the Crown Accounts in December 2005. The December 2005 interim update reflected the Government's decision not to proceed with the carbon tax (an addition of 13.1 million units) and updated information about landowners deforestation intentions (an addition of 14.7 million units). The improvement to 41.2 million units in the May 2006 projection is caused largely by a significant decrease in projected energy emissions since the December 2005 update due to:
For further information visit the Ministry for the Environment website