ETS Update: Climate Change Commission recommends minor tweaks to ETS Settings
Last month, He Pou a Rangi Climate Change Commission (the Commission) released its annual advice to the Government on the Emissions Trading Scheme (ETS) settings for the period 2026 to 2030 (Advice)....
Government announces changes to New Zealand’s ETS settings; Market responds positively
Yesterday the Minister for Climate Change, Hon Simon Watts announced changes to the current settings of the New Zealand Emissions Trading Scheme (ETS). Key changes include reduction of the number of...
Capturing the Carbon Opportunity – Government explores CCUS as part of its Net Zero Ambitions
New Zealand has officially joined the growing list of countries exploring carbon capture, utilisation and storage (CCUS) as means to accelerate decarbonisation and the transition to a lower emissions ...
The challenging economic environment for New Zealand’s forestry industry continues, with China’s demand for our logs remaining subdued.
Moreover, in addition to the change in Government, t...
The energy transition from combustion fuels to low carbon alternatives is viewed as critical in the race to cut global CO2 emissions and reach climate targets. We look at some of the opportunities p...
Forestry is a strategically important industry for New Zealand and one which has traditionally received substantial amounts of foreign investment. In recent years, changes have been made to the over...
On 19 June 2023 the Government launched a consultation process around possible changes to New Zealand’s emissions trading scheme. Our Forestry Team looks at key features.
Cyclones, flooding and ot...
Forestry in 2023: Things to look out for this year
Our Forestry team considers a few things to look out for this year in the legal landscape of one of New Zealand’s most important industries:
Developments in land use management regime applicable to...
Forestry reform impacts NZ log traders and advisors
Recently passed legislative updates impose new regulatory standards on forestry advisors and log traders – introducing new levels of professional compliance for a previously unregulated area of the forestry sector.