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Table 3. Expiry, cancellation and replacement<br />

Party<br />

NZ<br />

Submission Year 2015<br />

Reported Year 2014<br />

Commitment Period 2<br />

Transaction or event type<br />

Requirement to<br />

replace<br />

or cancel<br />

Replacement<br />

Cancellation<br />

Transaction or event type tCERs lCERs CERs AAUs ERUs RMUs CERs tCERs lCERs AAUs ERUs RMUs CERs tCERs lCERs<br />

Temporary CERs<br />

Expired in retirement and replacement accounts NO NO NO NO NO NO<br />

Expired in holding accounts NO NO<br />

Long‐term CERs<br />

Expired in retirement and replacement accounts NO NO NO NO NO<br />

Expired in holding accounts NO NO<br />

Subject to reversal of Storage NO NO NO NO NO NO NO<br />

Subject to non submission of certification Report NO NO NO NO NO NO NO<br />

Carbon Capture and Storage CERs<br />

Subject to net reversal of storage NO NO NO NO NO<br />

Subject to non submission of certification report NO NO NO NO NO<br />

Total NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO<br />

New Zealand’s Greenhouse Gas Inventory <strong>1990</strong>–<strong>2013</strong> 381

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