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Media release: Strong support for the ETS to get us to Net Zero

Wellington (Wednesday, 28 September 2022) – New Zealand’s economists strongly support the Emissions Trading Scheme and strengthening it through a carbon dividend. The latest survey of members of the New Zealand Association of Economists finds extraordinarily strong agreement that: Tightening the ETS’s cap on emissions makes far more sense than measures like fuel economy standards on imported vehicles (53% strongly agree, 35% agree, 5% disagree); If additional market failures are present, policies should target those directly to reduce the cost of mitigating emissions (24% strongly agree, 57% agree, 2% strongly disagree); A carbon dividend to households beats measures like electric vehicle subsidies or targeted regulations for ensuring equity (45% strongly agree; 48% agree; 2% disagree). Read more

Dr Oliver Hartwich
Dr Eric Crampton
Media Release
28 September, 2022
three waters money bank

Bad debt and a bad precedent

Among the problems leading to the Government’s proposed Three Waters reforms were councils loading up their balance sheets with dubious debt. So it seems odd that the Government plans on loading up the balance sheets of amalgamated water service entities with dubious debt. Read more

Dr Eric Crampton
13 September, 2022

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