Articles tagged with Climate Change Commission
Government Extends ETS Unit Settings to 2031 for Market Stability and Emissions Targets
2 weeks ago | 207 viewsThe Government will maintain existing Emissions Trading Scheme (ETS) unit settings to provide market stability and support New Zealand’s emissions reduction targets, extending key price controls until 2031. These decisions follow consultation and align with the Climate Change Commission’s advice to keep the country on track with its emissions budgets. Additionally, minor regulatory changes will be implemented starting 1 January 2027.
Tags: Emissions Trading Scheme ETS Climate Change Minister Simon Watts New Zealand Climate Change Commission emissions reductions auction floor price cost containment reserve regulatory changesNew EPA Board Appointments Announced by Minister Nicola Grigg
3 months ago | 650 viewsMinister for the Environment Nicola Grigg has appointed Lisa Tumahai and Professor Nicola Shadbolt to the Environmental Protection Authority (EPA) board for three-year terms, bringing extensive governance, climate, and regulatory expertise. Lisa Tumahai, Deputy Chair of the Climate Change Commission, and Professor Shadbolt, a former Climate Change Commissioner with over 30 years of governance experience, will strengthen the board's capabilities. Additionally, Mary Anne Macleod has been reappointed for one year and will serve as Deputy Chair from July 2026, succeeding outgoing Deputy Chair Paul Connell.
Tags: Nicola Grigg Lisa Tumahai Nicola Shadbolt Mary Anne Macleod Paul Connell Environmental Protection Authority Climate Change Commission Treaty of Waitangi governance EPA boardNew Zealand Sets Practical Biogenic Methane Target to Cut Emissions by 2050
8 months ago | 1149 viewsThe New Zealand Government has passed the Climate Change Response Amendment Bill, setting a new biogenic methane reduction target of 14-24% below 2017 levels by 2050, while maintaining the net zero target for long-lived gases. The legislation supports farmers by emphasizing practical, technology-driven emissions reductions without compromising productivity or trade competitiveness, backed by over $400 million in investments for methane-cutting tools. Additionally, the Bill mandates a 2040 target review, protects food production in emissions budgeting, and clarifies the Emissions Trading Scheme’s role, aiming to provide certainty and move from debate to action in the agriculture sector.
Tags: Todd McClay Simon Watts biogenic methane Climate Change Response Amendment Bill New Zealand agriculture emissions methane targets Climate Change Commission Net Zero target emissions budget