Infrastructure

Emissions targets are a 'stretch', says freight industry

Brent Melville
Fri, 20 May 2022

Emissions targets are a 'stretch', says freight industry
Freight companies are embarking on low emission pilots, but more development 'needs to be done'. (Image: BusinessDesk)
Brent Melville
Fri, 20 May 2022
Transport bosses are sceptical that the government's emissions reduction targets for the sector can be achieved.The government’s emissions reduction plan (ERP) assumes about 50,000 diesel-powered trucks can be swapped out for low or zero-emission vehicles that do the same job by 2035. That's despite the technology not yet being in place and the high cost of converting trucks and heavy vehicles to electric, biofuel or hydrogen, the freight industry says.Waka Kotahi NZ Transport counts more than 26,000 transport companies in NZ...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets market close
NZ sharemarket rebounds with Wall Street rally
Dan Brunskill | Mon, 27 Jun 2022

US markets rallied on Friday night as traders began thinking an economic slowdown would stop the US Federal Reserve from hiking interest rates.

Policy
Political donations over $5k to require declaration
Staff reporters | Mon, 27 Jun 2022

The changes require disclosure of donor identities for any party donations over $5,000 versus the current $15,000. 

Law & Regulation
Public class action fund needed: Law Com
Victoria Young | Mon, 27 Jun 2022

The Law Commission has finalised its report into class actions and litigation funding.

Sponsored
Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

Sponsored
High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.