Simon Johnson continues his series of guest posts looking at the Australian and New Zealand carbon pricing schemes.
Finally I have got past the chartjunk and I have read the Report on the New Zealand Emissions Trading Scheme that Minister for Climate Change Issues Nick Smith released on 1 August 2011.
Perhaps the first point to make is that the NZ ETS has now been though a complete compliance period, the six months from 1 July 2010 (when energy and industry entered) to 31 December 2010, where both buyers (emitters) and sellers (foresters) of emissions units were in the NZ ETS market. So we should be able to make an assessment of how the NZ ETS is working.
The same underlying information, emissions units issued and surrendered in the 2010 year, has already been available from the “central bank” for emissions units – the NZ Emissions Unit Register, run by the Ministry of Economic Development. The Climate Change Response Act requires certain information on emissions trading to be disclosed annually. The Ministry for the Environment’s Report on the New Zealand Emissions Trading Scheme is really this same trading information with some, ugh, “100% Pure” photo shoot pictures, quite a few junk charts and several text-boxes. Continue reading “The over-allocated units in the Report on the New Zealand Emissions Trading Scheme”
A recent Forest and Bird Newsletter
I was a little startled a few weeks back to see in a Waikato Times column written by former National Party MP Michael Cox the extraordinary claim that the 1991 Mt Pinatubo eruption “shot out more greenhouse gases into the atmosphere than the entire human race had emitted in its entire years on Earth”. I don’t know where he derived this from – no doubt it’s floating around somewhere in the denial world, though even there it seems possible that he misunderstood what he was reading. Anyway it served to support his view that talk of human-caused warming is a Left-inspired crusade to compensate for the collapse of communism! I was able to say in a letter to the paper how ridiculous the Pinatubo statement was, and pretty much everything else he said as well. 
I have been reading the impressive court statement made by American climate activist Tim DeChristopher before receiving a two-year jail sentence for making fake bids at an oil and gas lease auction of parcels of public land in Utah in December 2008. The sentence was harsh but evidently not because the offence was particularly heinous. “The offence itself, with all apologies to people actually in the auction itself, wasn’t that bad,” said the judge. No, the serious matter was DeChristopher’s “continuing trail of statements”. The judge