New Zealand: New Zealand Government on Track to Legislate Agriculture Out of Emissions Trading Scheme

The New Zealand Government is in the final stages of amending its Climate Change Response Act 2002 to remove agriculture activities from the New Zealand Emissions Trading Scheme. This is the first legislative process nearing Royal Assent by the new coalition government, which has disbanded controversial agricultural emissions pricing plans put in place by the previous government in the last 12 months. These amendments to current legislation would give New Zealand’s largest sector time to develop an alternative solution to reducing greenhouse gas emissions.