Back to the 1970s: IEA suggests carless days

Back to the 1970s: IEA suggests carless days
The IEA urges govts to get people out of cars to deal with oil shock. (Image: Deposit Photos)
Ian Llewellyn
As countries grapple with energy supply issues in the wake of Russia’s invasion of Ukraine, the International Energy Agency (IEA) has suggested policies that include a flashback moment for New Zealand: a return to carless days.The IEA has made the suggestions due to the fear of low supplies ahead of the peak demand season in the northern hemisphere summer.The IEA's 10-point plan proposes actions to ease strains and price pain.“Practical actions by governments and citizens in advanced economies and beyond can achieve significant...

More Transport

Rams Logistics owed $3.2m to IRD
Economy

Rams Logistics owed $3.2m to IRD

About 50 employees are owed approximately $760,000, the liquidators said.

Gregor Thompson 08 May 2025
Govt readies new $30m coastal shipping fund
Policy

Govt readies new $30m coastal shipping fund

The $30m was earmarked last June, but details have remained scarce.

Oliver Lewis 07 May 2025
'Well played, Don': Mainfreight shares spike 12%
Markets

'Well played, Don': Mainfreight shares spike 12%

The freight company expects its full-year results to exceed the market consensus.

Oliver Lewis 02 May 2025
Auckland Council staff pitch $46m port dividend
Infrastructure

Auckland Council staff pitch $46m port dividend

The port is likely selling some shares. The council wants in.

Oliver Lewis 30 Apr 2025