Media release: New Zealand Initiative welcomes Government’s response to Interim Committee
Wellington (16 July 2019): The New Zealand Initiative has welcomed the decision by Minister of Energy and Resources Hon Megan Woods to accept the Interim Climate Change Committee’s recommendation to shift focus away from 100% renewable electricity to other more effective and less expensive emissions policies. The Interim Committee found the Government’s 100% renewables policy would increase power prices by up to 39% and could effectively raise New Zealand’s emissions by preventing a transition off fossil fuels to electricity in transport and parts of industry. Read more