NEW ZEALAND DECLINES SECOND ROUND OF KYOTO; AUSTRALIA SIGNS
New Zealand will not commit to a second phase of the Kyoto Protocol, according to Climate Change Minister Tim Groser. Groser announced that New Zealand will pledge under the United Nations Framework Convention along with nations responsible for 85% of the world's emissions. While the minister announced the country stands behind its existing Kyoto commitment, he said that the government had decided it was in "New Zealand’s best interests" to join China, Japan, the United States, and other heavy carbon polluters under the Framework.