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Last week the Governor of the Reserve Bank Adrian Orr issued a call to action on climate change. Titled “Progressing Climate Action by Driving Transformational Change” it sounded like a political stump speech. Read more
Eric Crampton talks to Bryan Crump on Radio NZ Nights about the problem with climate policy and how this can be utilised for an effective Covid recovery.
The New Zealand Initiative · Eric Crampton the problem with climate policy Read more
Wellington, 7 October 2020 – Over the next few years, New Zealand will face an immense challenge to keep Kiwi’s employed, get the economy growing again and rein in debt. According to a report by The New Zealand Initiative, there is also an important opportunity to fix the worst social and economic ills that have plagued this country for decades. Read more
Wellington, 7 October 2020 - If the major political parties were taking climate change seriously, they would rely on the Emissions Trading Scheme (ETS) not add wasteful targets, says The New Zealand Initiative chief economist Dr Eric Crampton. Today, the Labour party unveiled its promise to mandate zero-emission buses by 2025 and to ban some new coal-fired boilers. Read more
Last week, National proposed a series of policies to increase the uptake of electric vehicles. Suppose it works exactly as promised and the number of electric vehicles quadruples in the next three years. Read more
The Labour Party is promising to bring forward its goal of 100 percent renewable electricity generation by five years to 2030. Matt Burgess is the author of our research report Switched On! Read more
Wellington, 11 September 2020 – The Government’s commitment to 100% renewable electricity by 2030 goes against the advice of its own independent experts, says the New Zealand Initiative. In April 2019, the Government’s Interim Climate Change Committee (ICCC) found the 100% renewables policy will: raise the price of electricity by 14% for households and 39% for industry effectively raise emissions by preventing greater emissions reductions elsewhere hit low-income households hardest, and make blackouts up to 100 times more likely. Read more
A newspaper recently asked if the average Kiwi can live on a Covid-19 wage subsidy of $585 a week. Unsurprisingly, it found this would be difficult, particularly in Auckland where the average weekly expense for a couple with two children is about $2000. Read more
Over the past fortnight the border issue troubling politicians and the media has been whether Kiwis returning from overseas should contribute to the costs of their managed isolation. But even with its half-billion-dollar price-tag, the cost of quarantining returning Kiwis is the least of the country's border concerns. Read more
A good project manager knows that unnecessary bells and whistles endanger a project's aims. Gold-plating a specification wastes resources and threatens a venture’s viability. The same is also true of public policy. Read more