Low-carbon funding should depend on emissions reduction

Wed, 01 Jul 2020

The government should establish a contestable fund to develop low-carbon infrastructure as part of the country’s covid-19 recovery, Transpower chief executive Alison Andrew says. The spending underway to restore the economy is a rare opportunity to also commence the multi-billion-dollar challenge of removing emissions from industry and transport, she said. Electrification will be an important part of that, but wood, biofuel, direct-use geothermal and hydrogen will all be required and will all struggle to drive change at the pace it is nee...

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