Carbon hill gets steeper to climb

Carbon hill gets steeper to climb
The government is working towards an emissions reduction plan. (Image: Business Desk)
Ian Llewellyn
The sheer scale of climate change goals and difficulties in reaching them has been underlined with the government saying its proposed initial carbon budget will not be met on current policy settings.Climate change minister James Shaw has released a discussion document on New Zealand’s first emissions reduction plan and the first three carbon budgets running from 2022 to 2035. It was meant to be finalised this year, but has now been delayed to May 2022.It is the formal response to the final advice of the Climate Change Commission (CCC).&nb...

More Economy

How to slash 1% of national emissions in one go
Economy

How to slash 1% of national emissions in one go

NZ Steel is on track to commission its $300m electric furnace from December.

US-China tariff deal eases risks, Budget 2025 remains tight
Economy

US-China tariff deal eases risks, Budget 2025 remains tight

Economists remain firm in their view that Budget 2025 will be lean.

Finance Minister announces $100m to elevate Elevate
Economy

Finance Minister announces $100m to elevate Elevate

Elevate is a government-funded 'fund of funds' programme. 

Rebecca Howard 13 May 2025
Why this Australian investor likes NZ-listed companies
Economy

Why this Australian investor likes NZ-listed companies

Fund manager believes in NZ's economic recovery, and is putting money behind it.