Paths to emissions reductions come with costs

Economic modelling points to massive expansion in wind power.

Tue, 25 May 2021

Updated economic modelling suggests New Zealand’s greenhouse gas emissions will fall dramatically between now and 2050 using current technologies, but there will be economic costs no matter which path the country follows.The Business NZ Energy Council has updated its NZ Energy Scenarios modelling with new data and assistance from the Energy Efficiency and Conservation Authority, and the Paul Scherrer Institute Switzerland.The model looks at the future through two different scenarios.One represents a future in which climate change is seen...

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