Strategy to Cut National Greenhouse Gas Emissions (Kyoto implementation)
The Environment Ministry released the government’s strategy to cut national GHG emissions by 6.5% on 1990 levels by 2008–2012, as agreed under the Kyoto Protocol.
Putting a price on carbon: the plan relies on the Protocol’s three flexible mechanisms of emissions trading and joint projects with other countries to deliver over half of the required emissions cuts.
Emission reduction targets: the estimated 93 million tonnes of CO2 cuts are to be achieved through existing – but yet to be implemented – plans (reducing emissions by 52 million tonnes) plus reforestation (minus 10.2 million tonnes). The remaining 30m tonnes are to be cut through measures yet to be detailed.
