Legislation and Regulations
Legislation
The Climate Change Response (Emissions Trading) Amendment Act 2008 came into force on Thursday 26 September. As such, the Emissions Trading Scheme (ETS) is now in operation. The ETS is the price-based mechanism for greenhouse gases and is a key part of overall climate change policy. It involves all significant greenhouse gases and all sectors.
View the Climate Change Response (Emissions Trading) Amendment Act 2008
Regulations
The regulations under the ETS are for both pre-1990 and post-1989 forests are now available. These detail fees and charges, land status notification, carbon assessment methodology and mapping requirements.
View the Climate Change (Forestry Sector) Regulations 2008
Background to the Regulations
In May the Ministry of Agriculture and Forestry released the exposure draft regulations under the ETS for both pre-1990 and post-1989 forests for public consultation.
MAF asked respondents to address some specific aspects such as carbon measurement, fees and charges, land status notification and mapping requirements for pre-1990 forests seeking general comments about the practical aspects of how the scheme would work. MAF received 238 submissions.
Contact for Enquiries
Sustainable Land Management and Climate Change
MAF
Pastoral House
25 The Terrace
PO Box 2526, Wellington
Tel: 0800 CLIMATE (254 628)
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