Govt unveils $2.9b four year first shot at cutting carbon emissions

Govt unveils $2.9b four year first shot at cutting carbon emissions
(Image: Getty)
Ian Llewellyn
A large ramp up of subsidies to remove coal from industrial processes, along with paying people to scrap and replace their old cars are two major parts of the government’s plans to cut greenhouse gas emissions.The first emissions reduction plan (ERP) released today outlines the spending of $2.9 billion over four years from the $4.5b Climate Emergency Response Fund (CERF), which is powered by revenue gained from the emissions trading scheme (ETS).The Treasury said due to the rising cost of carbon, the government will have $800 million more...

More Climate change

The reasonable terms of the methane debate
Opinion

Adrian Macey and Dave Frame: The reasonable terms of the methane debate

Promoting methane reduction policies that would make the world warmer make no sense.

NZGIF was losing money, underperforming: papers
Climate change

NZGIF was losing money, underperforming: papers

NZ Green Investment Finance was losing money when ministers decided to close it down.

Pattrick Smellie 24 Jun 2025
CarbonClick eyes growth after fallow spell
Startups

CarbonClick eyes growth after fallow spell

The NZ startup wants to reinvent the voluntary carbon market.

Greg Hurrell 24 Jun 2025
NZ's native forests may suck up more CO2 than thought
Climate change

NZ's native forests may suck up more CO2 than thought

The results could help NZ's emissions budgets if they stack up.

Greg Hurrell 17 Jun 2025