WELLINGTON (Reuters) – New Zealand said on Thursday it would bring in carbon trading over the next six years as part of efforts to reduce greenhouse gas emissions, though admitted even these measures will not meet its Kyoto Protocol target.

A mandatory cap-and-trade emissions scheme and incentives for tree planting to reduce emissions, blamed for global warming, will progressively be introduced from next year, if the government can get the measures through a parliament that rejected a carbon tax two years ago.

“An emissions trading scheme will create an incentive for businesses and households to make decisions that are good for the environment, and will discourage actions that cause greenhouse gas emissions,” Finance Minister Michael Cullen and Climate Change Minister David Parker said in a joint statement.

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About The Author

Noelle dEstries

Noelle d'Estries, an early GO employee who took on the varied roles of Community Manager, green celebrity blogger, and more. She currently runs worstcookever.com GO entered Noelle's life in February 2007 while she was burning tires in her backyard. A phone call from the green gods at GO, burnt out the fires. Now, Noelle happily wears her GO sweatshirt while eating organic veggies and asking for paper, not plastic. A regular at the local farmer's market, Noelle shuns raking leaves and lawn maintenance, while making gourmet foods constantly. When not staring at her computer screen, she spends time with her equally attractive dog, Tessa, cat, Tim and lover Paul. She currently holds all three point records at RIT and could eat avocados and drink wine for the rest of her life.

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