A tech ladder for a climate hole

A tech ladder for a climate hole
(Image: Getty)
Mark Thomas
New Zealand must take a new approach to technological innovation if it is to avoid a multibillion-dollar bill for failing to meet its international emissions reduction targets.If NZ had to pay the bill today to meet the 2030 emissions targets it has signed up to, it is estimated that it would cost $4 billion to buy offshore carbon offsets.This represents the “gap” between NZ's commitment and its current progress rate, which is growing.Yet up to 42% of these targets could be achieved through digital innovation.'Gap'The Cl...

More Opinion

All things macro ...
Opinion

Simon Robertson: All things macro ...

Talking about your macro trades at cocktail parties is top shelf.

Simon Robertson 16 Aug 2025
What to do about the entrepreneurship drain
Opinion

Peter Griffin: What to do about the entrepreneurship drain

NZ can’t control Australia’s salaries, but it can control the friction.

Peter Griffin 13 Aug 2025
Investment thriller: ‘Return of the IMF’
Opinion

David Chaplin: Investment thriller: ‘Return of the IMF’

Whether NZ complies with global best practice and licences custody could be moot.

David Chaplin 12 Aug 2025