Articles tagged with Climate Change Response Act
Government Clarifies Climate Change Laws to Boost Business Certainty and Investment
1 month ago | 262 viewsThe 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.
Tags: climate change greenhouse gas emissions Climate Change Response Act 2002 Emissions Trading Scheme legal clarity business certainty Paul Goldsmith High Court litigation government regulation environmental lawNew Zealand Climate Change Minister Unveils Carbon Removals Framework and Legislative Enhancements
7 months ago | 646 viewsClimate 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.
Tags: Climate Change Minister Simon Watts Assessment Framework Carbon Removals New Zealand Emissions Reduction Plan Biodiversity credits Forestry Climate Change Response Act NZ ETS