Articles tagged with Climate Change Response Act 2002

Showing 3 of 3 articles

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.

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.