Who is paying for Kyoto in New Zealand?

| INTRO & TABLE SUMMARY | NARRATIVE REPORT | ANALYSIS |

INTRODUCTION

This analysis has been undertaken in support of Morikaunui Incorporation's submission on the climate change Bill currently before the Finance & Expenditure Select Committee.

This page contains a summary report table with the key conclusions highlighted. The figures shown in red (and italics) are where inequities for Maori land owners are highlighted. The NARRATIVE REPORT provides some background to the whole Climate Change debate and highlights the main conclusions of this analysis.

All the assumptions shown in the light coloured cells are user-definable. If any assumptions are changed, the reports automatically update.

Overall analysis assumptions:

CO₂ $

/tonne Note: The official calculations have assumed a price of $15/tonne while the current European price is over $50.00.

Proposed carbon credit allocation:

It will be seen from a study of the analysis that the maximum 24,100 owners of forested land are required to

Proposed value expropriation

Maori land

Non-Maori land

Total

Pre-1990 exotic forests

billion

Post-1989 to 1 Jan 2008

billion

Indigenous forests

billion

Total expropriated value

billion

Average contribution from 15,000 private exotic forest owners

Average contribution from 9,100 private indigenous forest owners

Overall average contribution from 24,100 private forest owners