Climate Change Response Act 2002

If you need more information about this Act, please contact the administering agency: Ministry for the Environment
5ZC Matters relevant to advising on, and setting, emissions budgets

(1)

This section applies to—

(a)

the Commission, when it is preparing advice for the Minister under section 5ZA:

(b)

the Minister, when the Minister is determining an emissions budget.

(2)

The Commission and the Minister must—

(a)

have particular regard to how the emissions budget and 2050 target may realistically be met, including consideration of—

(i)

the key opportunities for emissions reductions and removals in New Zealand; and

(ii)

the principal risks and uncertainties associated with emissions reductions and removals; and

(b)

have regard to the following matters:

(i)

the emission and removal of greenhouse gases projected for the emissions budget period:

(ii)

a broad range of domestic and international scientific advice:

(iii)

existing technology and anticipated technological developments, including the costs and benefits of early adoption of these in New Zealand:

(iv)

the need for emissions budgets that are ambitious but likely to be technically and economically achievable:

(v)

the results of public consultation on an emissions budget:

(vi)

the likely impact of actions taken to achieve an emissions budget and the 2050 target, including on the ability to adapt to climate change:

(vii)

the distribution of those impacts across the regions and communities of New Zealand, and from generation to generation:

(viii)

economic circumstances and the likely impact of the Minister’s decision on taxation, public spending, and public borrowing:

(ix)

the implications, or potential implications, of land-use change for communities:

(x)

responses to climate change taken or planned by parties to the Paris Agreement or to the Convention:

(xi)

New Zealand’s relevant obligations under international agreements.

Section 5ZC: inserted, on 14 November 2019, by section 8 of the Climate Change Response (Zero Carbon) Amendment Act 2019 (2019 No 61).