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Table: Provision for New Zealand’s obligation under the Kyoto Protocol
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| Analysis of provision for Kyoto Protocol obligation | Actual 30/06/2007 million |
Actual 30/06/2006 million |
|---|---|---|
| Emission Units [One emission unit is equivalent to one tonne of greenhouse gas emissions converted to carbon dioxide equivalents by the global warming potential.] | Emission Units | |
Kyoto Target (Assigned Amount Units) |
309.5 |
307.6 |
Less AAUs allocated to emission-reducing projects |
7.5 |
7.5 |
Total commitment target |
302.0 |
300.1 |
Projected emission units |
||
Agriculture |
203.1 |
198.7 |
Energy (including transport) and industrial processes |
195.1 |
193.0 |
Waste |
7.0 |
6.5 |
Solvent and other product use |
0.3 |
0.3 |
Total projected emission units |
405.5 |
398.5 |
Removals via forests |
79.0 |
78.2 |
Deforestation emissions |
–21.0 |
–21.0 |
Net removals via forests |
58.0 |
57.2 |
Net projected emission units |
347.5 |
341.3 |
Deficit in units |
45.5 |
41.2 |
$ million |
$ million |
|
Deficit in $ millions |
704 |
656 |
