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This supplementary submission in response to the Emissions Reduction Plan is made by The New Zealand Initiative (the Initiative), a Wellington-based think tank supported primarily by major New Zealand businesses. It should be read in conjunction with our initial submission of 27 June 2022. Read more
This submission on the Smokefree Environments and Regulated Products (Smoked Tobacco) Amendment Bill is made by the New Zealand Initiative and the Reason Foundation, a non-profit U.S.-based think-tank. The Reason Foundation’s nonpartisan public policy research promotes choice, competition, and a dynamic market economy as the foundation for human dignity and progress. Read more
This submission in response to the Emissions Reduction Plan supports the Zero Carbon Act’s goal of attaining net zero by 2050. We urge a greater focus on the Emissions Trading Scheme, enabling carbon prices to do more of the work in getting New Zealand to Net Zero, and avoiding policies that put net zero at risk by forcing higher-cost emission reduction strategies. Read more
This submission is in response to the Ministry for the Environment and Ministry for Primary Industry’s Discussion Document Managing exotic afforestation incentives. The Document proposes not awarding carbon credits through the ETS for permanent exotic forestry planting, despite the carbon sequestered in such forests, because of other perceived problems resulting from exotic forestry planting. Read more
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