Haere mai
Climate change information New Zealand has information about New Zealand’s emissions, emissions trading, projected impacts, international negotiations and obligations and New Zealand’s overall approach to climate change.
What's happening
The Government, with Maori Party support, has introduced a bill to revise the Emissions Trading Scheme to ensure New Zealand takes a responsible approach to the global problem of greenhouse gas pollution and climate change.
Features of the amendment bill include:
- revised entry dates of 1 July 2010 for transport, energy and industrial sectors and 1 January 2015 for agriculture
- a transitional phase until 1 January 2013 with a 50 per cent obligation and $25 fixed price option for the transport, energy and industrial sectors
- a production-based industry average approach to allocations for trade exposed, emissions intensive businesses
- a phase-out of industry support aligned with trading partners and the Government’s long-term -50 by 2050 emissions reduction target
- incentives for afforestation created by a domestic and international market for carbon credits
- enhanced transitional support for the fishing industry.
Submissions on the amendment bill closed on 13 October.
The Government has also announced an emissions reduction target range of 10-20 per cent below 1990 levels by 2020 to signal New Zealand’s commitment to a successful and ambitious outcome from the UN Climate Change Conference in Copenhagen in December.
What's hot
- Pre-1990 Forest Land Allocation Plan (Consultation Draft) (Ministry of Agriculture and Forestry website)
- Advice on a moderated NZ ETS (Ministry for the Environment website)
- Climate Change Response (Moderated Emissions Trading) Amendment Bill (legislation website)
- Emissions Trading Bulletin 11 - Summary of proposed changes to the NZ ETS
- Emissions Trading Bulletin 12 – Industrial allocation update
