Labour promises to repeal climate law, opening door to more climate litigation against companies

New Zealand's Labour Party has pledged to repeal a law that protects companies from legal action related to climate change damage. The legislation, enacted by the current coalition government, aims to prevent courts from finding businesses liable for greenhouse gas emissions that contribute to climate change.

Deborah Russell, Labour's climate change spokeswoman, announced the party's intention to repeal the law during a debate in Parliament on Thursday. This move signals a potential shift in the country's approach to corporate accountability for environmental impact.

The proposed repeal opens the door for increased climate litigation against companies, potentially holding them responsible for the environmental consequences of their operations. The debate in Parliament highlights the ongoing political discussion surrounding climate policy and corporate responsibility in New Zealand.