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NEW: A Comparison of The EU ETS and the proposed NZ ETS
At the conclusion of its hearing of the Holcim New Zealand submission on
the Climate Change Bill in Christchurch on 7 April 2008,
the Finance and Expenditure Select Committee noted that Holcim had, almost
uniquely, attempted to provide it with a hard comparison
of certain features of the design of the proposed NZ ETS and the design of
the EU ETS albeit, related specifically to the cement industry.
The Committee then asked if Holcim was in a position to provide it with a
further and broader comparison of the design of the EU ETS
and the proposed NZ ETS that might more generally inform its
deliberations.
This Digest has been compiled as a response to that request. This is the
fourth in a semi-regular series of Holcim Climate Change Policy
Digests published by Holcim New Zealand.
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NEW: Submission To Finance And Expenditure Select Committee On Climate Change Bill (Digest No. 3)
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A consideration of the proposed design of the New Zealand Emissions Trading Scheme
This document is the third in our series of Climate Change Policy Digests and summarises our views on the Climate Change (Emissions Trading and Reusable Pre) Bill that was introduced to parliament in December 2007.
The Bill is currently under consideration by the Finance and Expenditure Select Committee of Parliament
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Emissions Trading Presentation
Some preliminary thoughts on government's Framework for a New Zealand Emissions Trading Scheme. This invited presentation was given at the Emissions Trading Group Cross-Sector Workshop (Christchurch, 4-5 October, 2007).
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Submissions on the Government's Climate Change Discussion documents
We have responded to the government’s two climate change policy discussion papers, "Transitional Measures" and "Reduce Greenhouse Gas Emissions in New Zealand Post-2012". Our submissions were made in advance of the closing date for formal submissions, 30 March 2007.
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Presentation to the APEC Energy Business Network on Holcim's experiences of the EU ETS
APEC is considering a proposal to establish an emissions trading system in the APEC member countries. Whilst this proposal is only at the earliest possible stage, Holcim (New Zealand) Ltd was invited to relate the experiences of the Holcim Group in the European Emissions Trading System (EU ETS), and to describe "lessons learned". This presentation was given at the APEC meeting in Auckland in Late March 2007.
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As a company committed to sustainable development, Holcim New Zealand has been proactive in its efforts to reduce its CO2 emissions.
In the mid 1990s, Holcim New Zealand delivered on voluntary agreements for reduction of CO2 emissions.
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In 2005, Holcim New Zealand was invited to enter into negotiations with the Government’s Climate Change office to pursue a Negotiated Greenhouse Agreement for its cement and shipping business.
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Holcim Ltd has set a target to reduce its global average net specific CO2 emissions by 20% by 2010, with 1990 as the base year. The company’s latest Sustainable Development Report indicates that it is on target to achieve this goal.
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In 2006 Holcim Ltd produced a series of position papers on climate change.
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Holcim New Zealand developed, in 2006, a charter committing the company to working with the Government and other energy intensive businesses to craft a sustainable climate change outcome for our country.
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In February 2007, Holcim New Zealand produced a briefing paper to stimulate informed debate on climate change policy. The paper outlines emissions trading design elements that would be appropriate for the energy-intensive sector, as part of a future New Zealand emissions trading system.
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