Signing the Kyoto protocol by New Zealand has opened new possibilities...
Signing the Kyoto protocol by New Zealand has opened new possibilities for implementing of two new wind farms producing electricity.
The government has made its first use of the tradeable carbon credits under the Kyoto Protocol, giving them to Meridian Energy and TrustPower in recognition of the benefits of their proposed wind farms.
The wind farms will add up to 115 megawatts of electricity to New Zealand's generating capacity and reduce environmental pollution significantly.
This project was approved by the Green Party also Its co-leader Jeanette Fitzsimons says the two power companies are boosting their reputation for being clean power producers by using renewable energy. But Fitzsimons believes the government could be doing more to encourage such activities.