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The Interim Climate Change Committee (ICCC) has delivered a landmark report, according to our new policy paper, When the facts change: How the ICCC saved New Zealand from a policy disaster. Analysis by the Interim Committee found the Government’s 100% renewable electricity policy would hike power prices and potentially deliver worse environmental outcomes. Read more
Wellington (25 July 2019): The Interim Climate Change Committee has delivered a landmark report, according to The New Zealand Initiative's new policy paper When the facts change: How the ICCC saved New Zealand from a policy disaster. Analysis by the Interim Committee found the Government’s 100% renewable electricity policy would hike power prices and potentially deliver worse environmental outcomes. Read more
Lost in the government’s response to the Interim Climate Change Committee this week was the decision to put on ice its 100% renewable electricity policy to focus on other more effective measures. It is hard to overstate the significance of this decision. Read more
Read our submission to the Environment Committee on the Climate Change Response (Zero Carbon) Amendment Bill. Read more
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
Maybe things would be different if somebody had 'invented' prices. We tend not to understand and appreciate institutions, like prices, that emerge spontaneously through human interaction rather than are the product of human design. Read more
Parables, biblical or otherwise, are excellent instruction. They warn of the dangers of getting what you wish for. Read more
If politics makes it hard to change a policy after it is announced, then testing policies before they are announced has potentially huge benefits. Testing is particularly important in climate change policy as policies vary enormously in performance, and governments have a particularly hard time in backing away from environmental policies that do not work. Read more
The Independent Climate Change Committee's (ICCC) report into how New Zealand can reach the 100% renewable energy target seems to suggest the policy will be very expensive and will undermine New Zealand's efforts to reduce greenhouse emissions overall. This is completely in line with findings from our report Switched On! Read more
As we wait for the release of the Interim Climate Change Committee's (ICCC) report on the 100% renewable energy policy, the Initiative's Matt Burgess and Oliver Hartwich explain why a Government decision to abandon the policy and take a different approach will be a win for the environment and a win for Kiwi households - and that is something to be congratulated. Matt Burgess is the Initiative's energy expert, and published his report, Switched On! Read more