The Government has made addressing climate change a clear priority. The Zero Carbon Act has now been passed and New Zealand has a target of reducing methane emissions by 24-47% on 2017 levels and reducing all other emissions to net zero by 2050. Obligations under the new legislation are already taking effect, and further legislative and policy changes are expected. These changes will focus on both reducing emissions and adapting to the long term effects of climate change.
A greater degree of compliance will be required from industry, but there will be new opportunities to capitalise on emissions markets and low or carbon-free ventures to take advantage of. We expect action on climate change to cut across all industries and sectors, making a joined-up approach to problem solving essential.
Russell McVeagh has a specialist, multi-disciplinary team able to assist you across the full range of current and emerging issues in this fast moving area of law. We advise on all aspects of clean energy and carbon sink projects, including joint ventures and other structuring, venture capital, project finance, intellectual property protection, land access and development, resource management consents, construction contracts, procurement, output supply arrangements, and related regulatory processes.
Examples of our work in this area include:
Partner, Environment, Planning and Natural Resources
Partner, Public Law and Regulation
Partner, Corporate Advisory
Partner, Banking and Finance
Senior Associate, Environment, Planning and Natural Resources
Senior Associate, Litigation
Environment, Planning and Natural Resources
Banking and Finance
Agribusiness and Food
Energy and Renewables
Public Law and Regulation