National sets climate goal: 50 in 50

As outlined by Colin James last week, John Key has announced that National will now support Kyoto, and legislate to achieve a 50 percent cut in emissions by 2050. Speaking at National’s Northern Regional Conference in Whangarei, Key said:

“I will set the achievable emission reduction target for New Zealand. Here it is: A 50 percent reduction in carbon-equivalent net emissions, as compared to 1990 levels, by 2050. In shorthand: A 50 percent cut by 2050. 50 by 50. If I am Prime Minister of New Zealand I will write this target into law.