NZ ETS Forestry Regulations open for consultation

Friday 15 Nov 2019

The proposed changes to New Zealand’s Emissions Trading Scheme (ETS) Forestry Regulations 2008 are now open for consultation. The Regulations are being updated and will provide the operational detail behind the major changes to the ETS for forestry - for example how averaging accounting will work in practice or how penalties for clear-felling permanent forests will be set.

To help interested stakeholders engage with the proposals three public meetings are being held in Christchurch on 27 November, Rotorua on 9 December and Nelson on 12 December. There’ll be presentations about the proposed Regulations as well as the opportunity to ask questions and discuss the Regulations. You’re welcome to attend and no RSVPs are necessary.

Web resources

MPI has a Forestry Regulations consultation page on the MPI website. Here you will find a detailed Discussion paper outlining the proposals and an online submission form. You can also email your submission to etsforestregs@mpi.govt.nz or post your submission directly to MPI.

Submissions close at 5pm on 20 December, 2019.

Climate Change Bill introduced

Alongside the Regulations consultation, the Climate Change Response (Emissions Trading Reform) Amendment Bill 2019 is progressing through Parliament. The Bill covers the major decisions about changes to the ETS, such as introducing averaging accounting for newly registered forests. If you are interested in submitting about policy changes, there will be an opportunity at the Environment Select Committee.

Important links - ETS Forestry Regulations Consultation page (contains the Discussion paper and link to the online submission form)
- Questions about the Regulations consultation – etsforestrychanges@mpi.govt.nz
- Proposed policy changes in the Bill - ETS Forestry Reviews page - Submissions to Environment Select Committee – watch this page the opening of submissions to the Amendment Bill.

Source: MPI

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