Articles tagged with Credits
New Zealand Climate Change Minister Unveils Carbon Removals Framework and Legislative Enhancements
2 weeks ago | 115 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 ETSNew Clean Vehicle Standard Updates Promise More Affordable and Fuel-Efficient Cars for Kiwis
3 months ago | 495 viewsThe Government is updating the Clean Vehicle Standard to provide importers with greater flexibility in meeting CO2 targets and ensuring access to more fuel-efficient and affordable vehicles for New Zealanders. Changes include allowing credit transfers between importers, extending credit lifespan, and setting targets not based on vehicle weight. These improvements aim to reduce costs passed on to consumers, support importers in bringing in more fuel-efficient vehicles, and are part of the Land Transport (Clean Vehicle Standard) Amendment Bill (No 2).
Tags: Government Clean Vehicle Standard CO2 targets Kiwis Transport Minister Chris Bishop importers credits New Zealand