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13 October 2008 - Draft regulations have been released covering obligations under the emissions trading scheme for participants in the stationary energy and industrial processes sectors, says Dave Brash, General Manager of the government's Emissions Trading Group. "Both sectors will have obligations under the emissions trading scheme from 1 January 2010, which will include collecting data and information to calculate businesses' greenhouse gas emissions. The regulations set out the methods and requirements for these activities, and contain the relevant default emission factors. They also cover the calculation methods for those who opt in to the emissions trading scheme to cover the coal or natural gas they use," Dave Brash said. Interested people are invited to make submissions on the draft regulations by 15 December 2008. An accompanying commentary outlines the major issues that officials considered when developing the regulations and why certain decisions were made. To read the regulations and commentary, see www.climatechange.govt.nz .
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