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This week’s Financial Stability Report continues the Reserve Bank’s fascination with climate change. It says rising seas and changing weather patterns will lead to financial losses. Read more
Watching government agencies scramble to find solutions to problems they or other government agencies caused is darkly amusing. They rarely notice the root cause of the problem they are trying to solve, or that their proposed solutions only set the stage for the next round of problems to come. Read more
Last week, the government unveiled the first draft of its plan for how this country will lower emissions over the coming decades. The Emissions Reduction Plan lacks specifics but signals intent. Read more
Each year, the government gives away millions of emissions units to trade-exposed businesses under its Industrial Allocations (“IAs”) policy. The policy is narrow but deep. Read more
Who could begrudge giving more than $8,000 of public money to every proud owner of brand-new Tesla Model 3 cars? Just look at their smiles. Read more
Freshwater politics is a nightmare. Long-term improvements in water quality depend on the development of systems that can withstand government and policy changes. Read more
An independent review of the Overseer farm management tool concluded that the software package is far from ideal for Council water quality management. Providing a relatively coarse view of nutrient loss from farms, Overseer can help farms in improving on-farm practice. Read more
It was a small achievement but one that made climate change minister James Shaw proud. Last week, Wellington’s CentrePort deployed its first seven all-electric container movers. Read more
A Berkeley professor once said that if you are Minister of the Environment, you are eventually Minister of Everything. The professor’s prediction is set to become real if the government’s Natural and Built Environments Act, or “NBA,” passes in anything like its current form. Read more
Reports about the Government reconsidering the controversial Auckland cycling bridge are welcome. At projected costs of $785 million, the bridge always looked excessively expensive. Read more