Thanks for sharing your views
The consultation closed on 19th June 2018 during the process we’ve heard from thousands of New Zealanders, in person and through submissions on the Zero Carbon Bill.
The Zero Carbon Bill will put a 2050 target in place to reduce emissions. It will set up the foundations and the institutions we need to get there. The Zero Carbon Bill also establishes an independent climate change commission and will support New Zealand to adapt to climate change.
The next step is for us to work through all of the feedback from around the country to draft a Bill that will be enduring.
We will release a summary of submissions once they have been analysed
Consultation is underway on the Zero Carbon Bill.
The Zero Carbon Bill sets the long term commitment to transition us to a low-emission, climate resilient economy. It puts in place the core building blocks that will give New Zealanders certainty that, no matter what Government is in power, a long-term approach will endure. The proposals include putting a new emissions reduction target into law and establishing an independent Climate Change Commission to keep us on track to meet our goals. Information on the Bill’s proposals will be released at that time.
Analysing the economic impacts of the transition to a low-emissions economy
It’s uncertain how the future will unfold and what the impacts of the Zero Carbon Bill and a new 2050 emissions reduction target will be on the economy and society at large.
The Ministry for the Environment has compiled a synthesis technical report, which consolidates a range of detailed studies and modelling to help us look at the impact of the transition to low emissions and climate resilience in New Zealand. While these studies can help us look ahead, each has different strengths and weaknesses, and the farther we look out, the less certain future impacts become.
Together, the following reports will support understanding and discussion of the Zero Carbon Bill proposals.
- Zero Carbon Bill economic analysis: A synthesis of 2050 economic impacts
- Modelling the transition to a lower net emissions New Zealand - Interim results
- Economic impact analysis of 2050 emissions targets: A dynamic computable general equilibrium analysis
- Countervailing forces: Climate targets and implications for competitiveness, leakage and innovation
- Emissions pricing impact on innovation and competitiveness: A review of the international literature
- The co-benefits of emissions reduction: An analysis