Labour says National policy will mean high carbon prices or reduction failure

Labour says National policy will mean high carbon prices or reduction failure
National's policy would require pine forests taking over farmland to meet targets. (Image: NZME)
Ian Llewellyn
National’s reliance on the emissions trading scheme to reduce greenhouse gas emissions would mean either very high carbon prices with flow-on effects for the cost of living, or New Zealand missing its international climate change commitments and paying billions, says Labour.The Labour party released a “climate manifesto” on Monday, bringing together already announced and some new policies on climate change.Part of the document is also an attack on National and what Labour claims might happen if National leads the next governme...

More Energy

Election politics weigh on gentailer valuations
Markets

Election politics weigh on gentailer valuations

Political noise and manoeuvring are distorting the electricity market again.

Ian Llewellyn 12 Nov 2025
Electricity Authority launches review as questions linger
Policy Analysis

Electricity Authority launches review as questions linger

The review has been described as a ‘rare opportunity for genuine transformation’. 

Ian Llewellyn 10 Nov 2025
War on Nature v Going for Growth
Opinion

Pattrick Smellie: War on Nature v Going for Growth

Some big environmental eggs were broken this week to 'go for growth'.

Pattrick Smellie 07 Nov 2025
$200m gas fund may not be enough as Māui closure looms
Policy

$200m gas fund may not be enough as Māui closure looms

The fund has been expanded to cover gas storage.

Ian Llewellyn 06 Nov 2025