Trees, EVs and new ways of farming key to a low carbon economy, says Productivity Commission

Mon, 03 Sep 2018

By Pattrick Smellie Sept. 4 (BusinessDesk) - A rapid transition to electric vehicles, sustained tree-planting on a scale seen only once before, and major changes to farming methods are the key to New Zealand meeting its obligations to the global pact on climate change, the Productivity Commission says in its final report on becoming a "low carbon economy". Carbon prices of at least $75 a tonne and perhaps higher than $200 a tonne would also be required to spur investment and land use, transport fuel and industrial heat process changes ove...

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