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Climate Change Response (Zero Carbon) Amendment Bill

Introduced on May 8. The Bill sets in law a new emissions reduction target for all greenhouse gases, except methane, to net zero by 2050. The Bill sets a target for 10% reduction in methane emissions by 2030, and a provisional reduction between 24% to 47% by 2050. This will be reviewed by the Climate Change Commission, to be established under the Bill. The Commission will provide advice and recommend five-yearly emissions budgets. The Bill also requires the govt to make climate change adaptation plans.¬†First reading on May 21 with just ACT opposed. National’s support was conditional as they objected to the level of methane reductions being written into law. Referred to the Environment Committee, submissions close on July 16 and Bill to be reported back by Oct 21. Reported back on Oct 21 with targets unchanged. Amendments made to emphasise the powers of the Commission to recommend changes to targets and carbon budgets. Strengthens rules around release of reports and ministerial responses. Reduces the options for using international carbon credits.¬†Second reading Nov 5, committee stage Nov 6 and third reading Nov 7. Supported by all parties except ACT, though David Seymour did not vote against.

Climate Change Response (Zero Carbon) Amendment Bill