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At May’s Budget, the government will commit $4.5 billion to new spending on climate change, more than $2,000 per household. The government will also deliver its Emissions Reduction Plan, an array of levies, subsidies, regulations and hard bans. Read more
Our submission is the Emissions Reduction Plan cannot reduce emissionsunder a binding ETS. The government should have written this paper years ago. Read more
On 26 October 2021, the Reserve Bank released Climate Changed 2021 And Beyond. The report, timed to coincide with the COP26 climate change summit in Glasgow, showcases the Reserve Bank’s efforts to reduce its greenhouse gas emissions and new climate change disclosure rules for banks. Read more
The New Zealand Initiative supports the government’s emissions targets, including commitments under the Paris Climate Agreement and to net zero emissions of long-lived greenhouse gases from 2050. We consider the New Zealand Emissions Trading Scheme (“ETS”) is among the world’s leading cap-and-trade systems for reducing greenhouse gases. Read more
Providing future generations with rivers and aquifers at least as clean as our generation found them requires durable freshwater management systems that can stand the test of time. Regulatory measures can improve outcomes for now. Read more
Last week, on Monday 9 August, very cold weather over most of the country meant national electricity demand reached a record high. About 35,000 consumers (1.75% of consumers) experienced power outages between 7 – 9 pm. Read more
The Initiative welcomes the government’s decision to reform the planning system. The Resource Management Act (RMA) has been disastrous. Read more
In our submission to the Ministry of Transport on transport emissions - pathways to net zero by 2050, we support the commitment to lower emissions and our national emissions targets. MoT’s strategy to reduce transport emissions is incompatible with national targets. Read more
Here is our submission to the Transport and Infrastructure Committee on the inquiry into congestion pricing in Auckland. We broadly support the analysis and recommendations provided in the “The Congestion Question: Main Findings” (the Report). Read more
Read our submission to the Ministry for the Environment on phasing out fossil fuels in process heat. The New Zealand Initiative fully supports New Zealand’s emissions targets. Read more