Climate Change Response Act 2002
| Climate Change Response Act | |
|---|---|
 | |
| New Zealand Parliament | |
| Date of Royal Assent | 18 November 2002 |
| Administered by | Ministry for the Environment |
| Amendments | |
|
Climate Change Response (Emissions Trading) Amendment Act 2008 Climate Change Response (Moderated Emissions Trading) Amendment Act 2009 | |
| Status: Current legislation | |
The Climate Change Response Act 2002 is an Act of Parliament passed by the government of New Zealand.
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;
- to enable New Zealand to meet its obligations under the United Nations Framework Convention on Climate Change and the Kyoto Protocol, and,
- to provide for the a New Zealand Emissions Trading Scheme for greenhouse gases that reduces net emissions below business-as-usual levels.[2]
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.[3]
Part 4 of the Climate Change Response Act sets out the New Zealand Emissions Trading Scheme.[4]
See also
- Climate change in New Zealand
- New Zealand Emissions Trading Scheme
- New Zealand environmental law
- Politics of global warming
References
- ↑ "Climate Change Response Act". Ministry for the Environment. 2008-09-28. Retrieved 2010-01-16.
- ↑ "Section 3 Purpose". Climate Change Response Act 2002 No 40. New Zealand Legislation, NZ Parliamentary Counsel Office/Te Tari Tohutohu Pa-remata. Retrieved 2010-05-14.
- ↑ Parker, David (2008-09-10). "Historic climate change legislation passes". New Zealand Government Media Release. Retrieved 2008-09-10.
- ↑ "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. Retrieved 2010-06-26.