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flag New Zealand passed a bill creating a two-stage system for offshore wind and renewables to meet its 2050 net-zero goal.

flag New Zealand’s Offshore Renewable Energy Bill has passed second reading, establishing a two-stage permitting system for offshore wind and other renewables to support net-zero goals by 2050. flag The bill, introduced by MP Matt Doocey, aims to attract investment, prevent land banking, and ensure responsible decommissioning. flag It follows a select committee review and has cross-party backing, with both Labour and National emphasizing economic and environmental benefits. flag The legislation is a key step in expanding renewable energy and reducing the cost of living.

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