Russel Norman

Greenhouse gases xmas dump

by Russel Norman

Ministry for Economic Development have slipped in their end of year dump with an admission that in 2005 we released a million extra tonnes of carbon dioxide than they previously admitted. Due to an oversight in missing 20 petajoules of gas used in electricity generation. Oh well, everyone makes mistakes I guess. At NZ$30 per tonne that will cost another $30million per year if it were to occur in 2008-2012. But the Government seems blissfully unconcerned by the cost of our Kyoto overspend given the snail’s pace of climate policy.

Published in Environment & Resource Management by Russel Norman on Fri, December 22nd, 2006   

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