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Economy

Carbon budgets likely to be 'shocking' - Shaw

Gavin Evans
Wed, 11 Nov 2020

Gavin Evans
Wed, 11 Nov 2020
The emission reductions demanded from the country’s first carbon budgets are likely to be “shocking” for many and will require hard choices across the economy, Climate Change Minister James Shaw says.The coming term of government has to be about “actually cutting emissions” and will require all three policy levers of carbon pricing, regulation and investment to be pulled “pretty dramatically and in a very short period of time,” Shaw told delegates at the Climate Change and Business Conference in Aucklan...

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