Welcome to the NZEUR
Access to Kyoto markets and domestic regulations for carry-over
This is a reminder that from 1 June 2015 Kyoto Protocol units will no longer be eligible for surrender to meet obligations in the Emissions Trading Scheme (ETS). This follows decisions by Cabinet to restrict the use of Kyoto units in the New Zealand ETS, as announced by the Associate Minister of Climate Change issues in December 2013.
The decision prevents Kyoto Protocol units from the first commitment period of the Kyoto Protocol from being surrendered or transferred to Crown accounts after 31 May 2015. It also restricts the ability of private account holders to apply to carry over Removal Units (RMUs), Emissions Reduction Units (ERUs) and Certified Emissions Reductions units (CERs). The Crown will automatically apply to carry over NZ-originated Assigned Amount Units (AAUs) held in private accounts. In the event NZ-originated AAUs are unable to be carried over, these AAUs held in private accounts will be swapped for New Zealand units.
What this means for account holders is that that after 31 May 2015 most Kyoto Protocol units held in NZEUR accounts will no longer be eligible for use to meet an ETS obligation. The only Kyoto Protocol units eligible for use will be New Zealand-issued Assigned Amount Units.
This information is current as of February 2015.
Updated terms and conditions
We have updated our terms and conditions of use for the New Zealand Emission Unit Register and this site.
All registered users of the New Zealand Emission Unit Register will receive an announcement the next time you logon.
You will be prompted to confirm that you have been advised of and accept the new terms and conditions.
A copy of the terms and conditions will be presented in a separate window for you to read.
You will asked to enter your password and then “click on I acknowledge this announcement” to confirm that you have been advised of and accept the new terms and conditions.
Your logon process will continue once you have accepted. If you do not accept, your logon process will not continue.
Other changes to this site
The content in our security page has been updated.
We have also added a new Privacy page which contains our Privacy statement and a new Copyright page.
Links to these new pages are available for anyone to view from grey footer located at the bottom of our site pages.
Annual ETS data available
The Environmental Protection Authority has published the latest annual data reports on the New Zealand Emissions Trading Scheme on its website (www.epa.govt.nz).
The reports are:
• 2013 ETS Report (also known as the Section 89 report)
• ETS 2013 - Facts & Figures (informal factsheet)
• 2013 Synthetic Greenhouse Gas Levy Report (new)
The reports provide information on how many businesses were in the ETS, how much greenhouse gas they emitted or removed, and give year-on-year comparisons. The new Synthetic Greenhouse Gas Levy Report provides details of how the levy was applied from 1 July 2013.
The EPA has responsibilities under the Climate Change Response Act – for administration of the New Zealand Emissions Trading Scheme and the New Zealand Emission Unit Register (NZEUR).
In doing this, we work with the other administrative partners (Ministry for the Environment, Ministry for Primary Industries, New Zealand Transport Agency and the New Zealand Customs Service).
Publication of annual operational data maintains the transparency of the Scheme for participants, allocation recipients and interested parties.
These reports, as well as reports for the previous years of the operation of the ETS are available here.
Changes to post-1989 forestry surrender obligations
From 16 May 2014, post-1989 foresters making an application to deregister or remove forested land from the ETS will be required to surrender New Zealand Units (NZUs) to meet their obligations. This change does not affect foresters who made an application to the Ministry for Primary Industries (MPI) on or before 15 May 2014, or post-1989 and pre-1990 foresters surrendering units for emissions from deforestation or harvesting. These participants can still use Kyoto units to meet their obligation.
List of CER and ERU projects restricted from surrender
The list of projects generating Certified Emission Reduction units (CERs) and Emission Reduction Units (ERUs) which are restricted from surrender to the NZ ETS has been updated.
These restrictions pertain to CERs and ERUs generated by large-scale hydropower projects and by industrial gas destruction projects. More information about CERs and ERUs can be found in the "How to: guides and help" section of the NZEUR. An updated list of the banned projects, current as of 20 March 2014, can be found here (List of CERs and ERUs that have been restricted, excel version, 199 KB).
Affected units brought into the NZEUR after the restrictions came into effect will not be eligible for surrender to meet an obligation with the NZ ETS.
We ask our registered users to:
- keep your user name and password secure; and
- keep your antivirus software and definitions up-to-date and to run regular checks (scans) of your computer; and
- be vigilant around phishing attacks and email hoaxes which are aimed at extracting user names and passwords.
Any user of the NZEUR who receives a suspicious email or is concerned about any suspicious activity regarding their account(s) should phone 0800 387 4688 or for international callers +64 4 918 3502.
New Zealand Emission Unit Register (NZEUR)
The NZEUR has been implemented in order to meet New Zealand's commitment and obligations under the Kyoto Protocol and to support the New Zealand Emissions Trading Scheme (NZ ETS), established by the Climate Change Response Act 2002 (CCRA).
Both the Kyoto Protocol and the CCRA require New Zealand to operate an electronic, internet-based national registry system. The NZEUR website provides access to this online registry, where people can join the NZEUR and then open accounts to either participate in the NZ ETS or to trade units.
Find out more about the Emissions Trading Scheme >>
(at the Ministry for the Environment's Climate Change website)