NZ climate policy: spend on action, not carbon credits

NZ climate policy: spend on action, not carbon credits
Electrification of industrial process heat is vital to reducing NZ's carbon emissions. (Image: Getty)
Pattrick Smellie
New Zealand should pursue climate change policies that reward the country’s high levels of renewable electricity and efficiency as an agricultural producer instead of treating both as millstones to achieving carbon emissions reductions.“It would certainly mean faster progress to net zero for us,” climate policy critics Adrian Macey and Dave Frame argue in the final of a five-part series on BusinessDesk, published this morning.“If only a fraction of the money that would have had to be found for carbon credits were availab...

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