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The first rule of any emissions reduction plan is that it reduces emissions. Yesterday’s plan from the Climate Change Commission does not pass this test. Read more
Matt Burgess dissects the Climate Change Commission’s final recommendations. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
Wellington (Wednesday, 9 June 2021): The New Zealand Initiative calls on the Government to reject the Climate Change Commission’s recommendations and instead rely on the Emissions Trading Scheme’s cap to achieve net zero emissions by 2050. “The Climate Change Commission has based its plan on the idea that the ETS does not cap emissions,” says Dr Oliver Hartwich, Executive Director of the New Zealand Initiative. Read more
Anyone who’s gone through strategic planning reviews at places of business under financial distress knows they’re often a prelude to redundancies. Too often, reviews look to see what might be cut, and what can be made of what is left, rather than building toward new opportunities. Read more
The problem with economics is that it often uses a language that non-economists do not speak. Take "externalities", for example. Read more
It only took minutes for the ambulance to arrive after my call to 111 from the kitchen floor, the pain cutting through me like a cracked whip. I was in trouble. Read more
In this podcast Matt Burgess and Oliver Hartwich analyse a short essay by Dr Rod Carr, chair of the Climate Change Commission. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
Emissions pricing and congestion pricing have a lot in common. The economics of both are straightforward. Read more
The biggest risk to New Zealand’s Emissions Trading Scheme isn’t technical issues in how the scheme is run or in its accounting. The biggest risk instead is politics. Read more
Clean air is certainly the flavour of the month in Europe judging from the skyrocketing price of carbon. Since April last year, emissions units on the EU’s Emissions Trading Scheme (“ETS”) have nearly quadrupled from €15 to above €56 (NZ$95) this week. Read more