Stable investment or stable climate? Would New Zealand be in breach of its investment treat obligations if it phased out fossil fuel extraction?
dc.contributor.author | Boardman, Claire Charlotte (Lottie) | |
dc.date.accessioned | 2016-10-19T21:51:31Z | |
dc.date.accessioned | 2022-07-07T21:29:49Z | |
dc.date.available | 2016-10-19T21:51:31Z | |
dc.date.available | 2022-07-07T21:29:49Z | |
dc.date.copyright | 2016 | |
dc.date.issued | 2016 | |
dc.description.abstract | This paper considers the possibility of phasing out fossil fuel extraction in New Zealand. It examines New Zealand’s current relationship with fossil fuels and its legal framework relating to fossil fuel extraction before assessing the remedies available to domestic and foreign investors should fossil fuel extraction be phased out, thereby removing their current rights to extract fossil fuels. The paper concludes that there would no remedy available to domestic investors but there is a possibility that foreign investors could claim compensation pursuant to an investment treaty such as Chapter 9 of Trans-Pacific Partnership Agreement. It was also argued that New Zealand would have arguments to make that it should not have to compensate those investors, including an argument based on a duty under the United Nations Framework Convention on Climate Change for New Zealand to protect its fossil fuel reserves. | en_NZ |
dc.format | en_NZ | |
dc.identifier.uri | https://ir.wgtn.ac.nz/handle/123456789/19507 | |
dc.language | en_NZ | |
dc.language.iso | en_NZ | |
dc.publisher | Te Herenga Waka—Victoria University of Wellington | en_NZ |
dc.subject | Climate change | en_NZ |
dc.subject | Investment law | en_NZ |
dc.subject | International law | en_NZ |
dc.subject | Investment treaties | en_NZ |
dc.subject | Administrative law | en_NZ |
dc.subject | Judicial review | en_NZ |
dc.subject | Environmental law | en_NZ |
dc.subject | Crown Minerals Act 1991 | en_NZ |
dc.title | Stable investment or stable climate? Would New Zealand be in breach of its investment treat obligations if it phased out fossil fuel extraction? | en_NZ |
dc.type | Text | en_NZ |
thesis.degree.discipline | Law | en_NZ |
vuwschema.contributor.school | School of Law | en_NZ |
vuwschema.contributor.unit | Victoria Law School | en_NZ |
vuwschema.contributor.unit | Faculty of Law / Te Kauhanganui Tātai Ture | en_NZ |
vuwschema.subject.anzsrcfor | 180103 Administrative Law | en_NZ |
vuwschema.subject.anzsrcfor | 180105 Commercial and Contract Law | en_NZ |
vuwschema.subject.anzsrcfor | 180107 Conflict of Laws (Private International Law) | en_NZ |
vuwschema.subject.anzsrcfor | 180111 Environmental and Natural Resources Law | en_NZ |
vuwschema.subject.anzsrcfor | 180116 International Law | en_NZ |
vuwschema.subject.anzsrcfor | 180117 International Trade Law | en_NZ |
vuwschema.subject.anzsrcfor | 189999 Law and Legal Studies not elsewhere classified | en_NZ |
vuwschema.subject.anzsrcforV2 | 489999 Other law and legal studies not elsewhere classified | en_NZ |
vuwschema.subject.anzsrcseo | 970118 Expanding Knowledge in Law and Legal Studies | en_NZ |
vuwschema.type.vuw | Masters Research Paper or Project | en_NZ |