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SnippETS for 9 May 2019

May 9, 2019

 

 

 

 

Welcome to our latest SnippETS newsletter.

 

This issue of Snippets allows us to introduce the Zero Carbon Bill, which was tabled in Parliament yesterday.  It reinforces the message from Bell Gully, that businesses need to plan for climate change now. Climate change is now a national emergency in the UK , should we also declare this in NZ? The young and the old are doing what's needed to try and bring about positive change in the way we all think about climate change. We also look at what zero emissions means to each of us, what is happening in global wind generation, and a call to action around options for renewable thermal energy.

 

 

The New Zealand Zero Carbon Bill was welcomed into Parliament yesterday.  The main themes in the Bill are that it is aimed to limit warming to 1.5C and is a legally binding objective.  Agriculture is being drawn into the Bill, although reduction targets are modest.  Reduction targets differentiating between Methane and other GHG have been set.  At this stage, only the ACT Party has declared they will oppose this legislation. Read more.....

 

 

A recent report by law firm Bell Gully says NZ boards need to start planning for climate change now, or risk being caught out by the Zero Carbon Bill when it becomes law. Until now, complying with the Emissions Trading Scheme has been more of an administration hassle than a serious cost of business, but that's about to change as unit prices rise sharply under proposed changes to the scheme. Business must adapt or risk getting left behind.Read more.....