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Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (10254)	3/8/2007 6:04:18 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 36923

NZ's energy future in a carbon-constrained world David Parker, NZ Minister of Energy The title of my talk today is “New Zealand's energy future in a carbon-constrained world”. For without doubt, the world is changing -- and changing very rapidly. .. One of the issues that the NZES looks at is the role of demand-side response in a competitive market such as we have in this country. Without demand-side response ability, electricity markets could be more prone to supply failure, price volatility and market power abuses when supply is tight. Right now, we don’t think the demand-side response currently provided by our market is meeting its full potential. Price signals are considerably muted for residential customers and small to medium sized business customers just about all of whom are on fixed-price contracts. To promote demand-side management we need to deploy new technologies, new forms of contract and improved customer awareness. That's why it is pleasing to see various electricity companies advancing their own initiatives for their customers, including smart meters. .. Another very important component of demand-side management is the encouragement of energy efficiency measures. .. (6 Mar 2007) South Island Set To Lose $2.7 Billion Press Release, Kyoto Forestry Association (New Zealand) The South Island could lose at least $2.7 billion and potentially up to $4.2 billion from the Government's decision to nationalise Kyoto carbon credits legitimately owned by forest owners and forestry investors, the Kyoto Forestry Association (KFA) said today. The association released the calculation on the eve of the Government's consultation meeting at Christchurch's Russley Hotel at 9:45 am tomorrow, Tuesday 6 March. It is based on an estimate of the area of post-1990 Kyoto-qualifying forestry in the South Island, derived from official MAF forest area data by age class and territorial authority, and an estimate that carbon credit values will reach between $13,000 and $20,000 per hectare during the life of a forest. Canterbury's loss will fall at between $575 million and $885 million, according to the analysis. KFA spokesman Roger Dickie said more than 1,400 forest owners had attended MAF consultation meetings in the North Island and Nelson, and had delivered an overwhelming message rejecting the Government's confiscation of carbon credits and its plans for massive new taxes on the forestry industry. "Canterbury forest owners need to unite with the rest of the industry and make the message unanimous throughout the country," Mr Dickie said. "We need to leave the Government in no doubt that we will never accept our carbon credits, or any other property, being confiscated by the Government without compensation." Kyoto carbon credits, which the Government plans to confiscate, are earned by those individuals and businesses that sequestered carbon by planting new forestry since 1990, and by those industries which have cut their carbon emissions since then. .. energybulletin.net