Climate Change Response Act 2002 Explained

Short Title:Climate Change Response Act
Legislature:New Zealand Parliament
Administered By:Ministry for the Environment
Passed:2002
Royal Assent:18 November 2002
Date Commenced:1 August 2003
Amended By:Climate Change Response (Emissions Trading) Amendment Act 2008
Climate Change Response (Moderated Emissions Trading) Amendment Act 2009
Climate Change Response (Zero Carbon) Amendment Act 2019 (2019/61)
Climate Change Response (Emissions Trading Reform) Amendment Act 2020
Status:Current

The Climate Change Response Act 2002 is an Act of Parliament passed by the New Zealand Government.

The Climate Change Response Act 2002 created a legal framework for New Zealand to ratify the Kyoto Protocol and to meet obligations under the United Nations Framework Convention on Climate Change. It sets out powers for the Minister of Finance to manage New Zealand's holdings of Assigned amount units and to trade Kyoto-compliant emission units (carbon credits) on the international market. It establishes a registry to record holdings and transfers of emission units. It establishes a national inventory agency to record and report greenhouse gas emissions.[1]

The legislative purposes of the Climate Change Response Act 2002 are;

The Climate Change Response (Emissions Trading) Amendment Act 2008 established the Fifth Labour Government of New Zealand's version of the New Zealand Emissions Trading Scheme in September 2008.[4]

Part 4 of the Climate Change Response Act sets out the New Zealand Emissions Trading Scheme.[5] On 8 May 2019, the Government introduced the Climate Change Response (Zero Carbon) Amendment Bill to Parliament.[6] The Climate Change Response (Zero Carbon) Amendment Bill received royal assent on 13 November 2019.[7]

See also

External links

Notes and References

  1. Web site: Climate Change Response Act . Ministry for the Environment . 2008-09-28 . 2010-01-16 .
  2. Web site: Section 3 amended (Purpose) . Climate Change Response (Zero Carbon) Amendment Bill . 13 November 2019 . 18 November 2019 . Parliamentary Counsel Office.
  3. Web site: Section 3 Purpose . Climate Change Response Act 2002 No 40 . New Zealand Legislation, NZ Parliamentary Counsel Office/Te Tari Tohutohu Pa-remata . 2010-05-14 .
  4. Web site: Historic climate change legislation passes. Parker. David. David Parker (New Zealand politician). 2008-09-10. New Zealand Government Media Release. 2008-09-10. https://web.archive.org/web/20080926113104/http://www.beehive.govt.nz/release/historic+climate+change+legislation+passes. 26 September 2008. dead.
  5. Web site: Part 4 New Zealand greenhouse gas emissions trading scheme . Climate Change Response Act 2002 No 40 . New Zealand Legislation, NZ Parliamentary Counsel Office/Te Tari Tohutohu Pa-remata . 2010-06-26 .
  6. Web site: Landmark climate change bill goes to Parliament . 8 May 2019 . 20 May 2019 . Rt Hon Jacinda Ardern . New Zealand Government .
  7. Web site: Climate Change Response (Zero Carbon) Amendment Bill . 13 November 2019 . 14 November 2019 . New Zealand Parliament.