THE ZERO-CARBON ACT (NEW ZEALAND)

About: 

• According to the New Zealand government, this is the first legislation in the world to make a legally binding commitment to living within 1.5 degrees Celsius of global warming.
  
  
• The Zero-Carbon Act will commit New Zealand to zero carbon emissions by 2050 or sooner, as part of the country’s attempts to meet its Paris climate accord commitments.
  
  
• The key aims of the Act include:
  • reduce all greenhouse gases (except methane) to net zero by 2050,
    
    
  • reduce emissions of biogenic methane (produced from biological sources) up to 24-47 percent below 2017 levels by 2050 and to 10 percent below 2017 levels by 2030,
    
    
  • establish an independent Climate Change Commission and
    
    
  • establish a system of emissions budget.