Articles tagged with Climate Change Response Act

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New Zealand Passes Law to Shield Businesses from Climate Change Litigation

The New Zealand Government has amended the Climate Change Response Act 2002 to prevent tort liability claims against businesses for climate change damage caused by greenhouse gas emissions, aiming to provide legal certainty and protect business confidence. Justice Minister Paul Goldsmith emphasized that climate change issues are complex and best addressed through national legislation, not court litigation, which risks creating contradictory legal regimes. The amendment maintains existing obligations under the Emissions Trading Scheme while reinforcing the government's commitment to a stable legal framework that supports investment and economic growth.

New Zealand Passes Law to Protect Businesses from Climate Change Litigation

The New Zealand Government has amended the Climate Change Response Act 2002 to prevent tort liability claims against businesses for climate change damage caused by greenhouse gas emissions, aiming to provide legal certainty and avoid conflicting court rulings. Justice Minister Paul Goldsmith emphasized that climate change issues are complex and better managed through national legislation rather than litigation. Despite the amendment, businesses remain obligated to comply with existing emissions regulations under the Emissions Trading Scheme.

New Zealand Updates Climate Change Response Act to Strengthen Adaptation and NZ ETS

The Government is amending the Climate Change Response Act to enhance efficiency, reduce costs, and ensure effective climate risk management, including legally requiring councils to develop 30-year adaptation plans for high-risk communities. The Bill also strengthens governance and transparency of the NZ Emissions Trading Scheme (NZ ETS), addressing investment disincentives and allowing for new carbon removal methods while excluding agriculture. These changes aim to streamline New Zealand’s climate framework, support emissions reduction targets, and deliver practical, results-focused climate action.

Government Clarifies Climate Change Laws to Boost Business Certainty and Investment

The Government plans to amend the Climate Change Response Act 2002 to prevent tort liability claims against businesses for climate change damage, aiming to provide legal certainty and protect business confidence. Justice Minister Paul Goldsmith emphasizes that climate change responses should be managed nationally through existing frameworks like the Emissions Trading Scheme, rather than through court litigation. This amendment will not affect government responsibilities or businesses’ obligations under the ETS but will ensure a consistent regulatory approach.

New Zealand Climate Change Minister Unveils Carbon Removals Framework and Legislative Enhancements

Climate Change Minister Simon Watts introduced a new Assessment Framework for Carbon Removals in New Zealand, aiming to recognize and reward non-forestry carbon removals and support landholders and businesses. The framework aligns with the Government's commitment to climate action that stimulates the economy and promotes emissions reductions, fulfilling an election promise to explore biodiversity credits for initiatives like creating wetlands. Changes to the Climate Change Response Act will streamline processes, improve the NZ ETS, expand opportunities for carbon removal recognition, and reduce compliance costs for stakeholders, with an amendment bill planned for next year.