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List of Abbreviations

AAUs
Assigned amount units
ABARE
Australian Bureau of Agricultural and Resource Economics
AGS
Afforestation Grant Scheme
avgas
Aviation gasoline
CAR
Competitiveness At Risk
CCRA
Climate Change Response Act 2002
CDM
Clean Development Mechanism
CERs
Certified Emission Reductions
CH4
Methane
CNG
Compressed Natural Gas
CO2
Carbon dioxide
CO2-e
Carbon dioxide equivalent
CP1
First Commitment Period of the Kyoto Protocol: 2008-2012
CPR
Commitment Period Reserve
DICE
Dynamic Integrated Model of Climate and the Economy
ECFP
East Coast Forestry Project
ERUs
Emission Reduction Units
ETS
Emissions Trading Scheme
EU
European Union
EUAs
European Allowances
EU ETS
European Union Emissions Trading Scheme
GDP
Gross Domestic Product
GHG
Greenhouse Gas
GST
Goods and Services Tax
HFCs
Hydrofluorocarbons
IEA
International Energy Agency
IPCC
Intergovernmental Panel on Climate Change
ITL
International Transaction Log
JI
Joint Implementation
lCERs
Long-term Certified Emissions Reductions
LPG
Liquefied Petroleum Gas
LULUCF
Land Use, Land-Use Change and Forestry
MAF
Ministry of Agriculture and Forestry
MED
Ministry of Economic Development
MfE
Ministry for the Environment
MS
Milk solids
Mt
Mega tonne, equal to one million tonnes
N2O
Nitrous oxide
NAPs
National Allocation Plans
NES
National Environmental Standard
NGA
Negotiated Greenhouse Agreements
NZ ETS
New Zealand Emissions Trading Scheme
NZEECS
New Zealand Energy Efficiency and Conservation Strategy
NZES
New Zealand Energy Strategy
NZEUR
New Zealand Emission Unit Register
NZU
New Zealand Unit
PFCs
Perfluorocarbons
PFSI
Permanent Forest Sink Initiative
PGGRC
Pastoral Greenhouse Gas Research Consortium
PRE
Projects to Reduce Emissions
RMUs
Removal Units
SF6
Sulphur hexafluoride
tCERs
Temporary Certified Emission Reductions
UNFCCC
United Nations Framework Convention on Climate Change