A new study examines how tradable rights in regulated markets derive value not just from immediate use, but from the strategic flexibility they provide firms over time. Using New Zealand's quota fisheries as a case study, researchers demonstrate that rights with longer tenure command premium prices by allowing firms to optimize harvest decisions based on market conditions.

Amendments have been gazetted that will have implications for how local authorities recognise the NES in their plans.

This newsletter summarises recent developments in law relating to resource management and local government in New Zealand that may be of interest to local authorities and decision makers.

ECan has provided access to the information it holds on residential land that it considers is potentially contaminated.

The ministry and primary sector leaders have released discussion papers and policies dealing with agricultural emissions.

The new law viz. the Zero Carbon Law 2019 provides the framework for New Zealand Government to formulate and implement climate change policies as per the Paris Agreement.

Under the ETS, forest owners may have obligations to account for ETUs if they deforest their land or change land uses.

Climate change will impact infrastructure, so the construction industry must consider how to mitigate the effects.

A clean-up of the average residential home ranges from $1,000 to a few hundred thousand, depending on the contamination.

Forestry related activities will soon need to comply with new national standards.

Environment Canterbury has released the Council's decision on the proposed Canterbury Land and Water Regional Plan (LWRP).

The third round of Resource Management Act amendments, which included an overhaul of core principles, is now on hold.

The report addresses how best to balance landscape and biodiversity values with needs of land owners and communities.

In May this year it was announced that New Zealand would aim for an emissions trading scheme as a priced-based measure to address climate change.

The ETS amendment bill reflects previously announced policy decisions in NZ and makes technical and operational changes.

On April 12, 2021, the New Zealand government introduced an omnibus bill into parliament.

Tighter air pollution restrictions have been put out by ECan, with a 1 May deadline for submissions wanting changes.

Ground Cover tracks legislative and regulatory reform in resource management, local government and planning law.

Businesses seeking to appeal to environmentally conscious consumers must ensure their claims can be substantiated.

RMA to be replaced with the Natural & Built Environments Act, the Strategic Planning Act & the Climate Adaptation Act.