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Media release - NZ Initiative: Interim Climate Change Committee electricity report is historic

Wellington (25 July 2019): The Interim Climate Change Committee has delivered a landmark report, according to The New Zealand Initiative's new policy paper When the facts change: How the ICCC saved New Zealand from a policy disaster. Analysis by the Interim Committee found the Government’s 100% renewable electricity policy would hike power prices and potentially deliver worse environmental outcomes. The committee recommended the Government prioritise other more effective emissions policies. Read more

Media release
25 July, 2019
Windmill2

A good decision

Lost in the government’s response to the Interim Climate Change Committee this week was the decision to put on ice its 100% renewable electricity policy to focus on other more effective measures. Read more

Matt Burgess
Insights Newsletter
19 July, 2019

Media release: New Zealand Initiative welcomes Government’s response to Interim Committee

Wellington (16 July 2019): The New Zealand Initiative has welcomed the decision by Minister of Energy and Resources Hon Megan Woods to accept the Interim Climate Change Committee’s recommendation to shift focus away from 100% renewable electricity to other more effective and less expensive emissions policies. The Interim Committee found the Government’s 100% renewables policy would increase power prices by up to 39% and could effectively raise New Zealand’s emissions by preventing a transition off fossil fuels to electricity in... Read more

Media release
16 July, 2019
Traffic5

The importance of pricing

Maybe things would be different if somebody had 'invented' prices. We tend not to understand and appreciate institutions, like prices, that emerge spontaneously through human interaction rather than are the product of human design. Because we do not appreciate how they work, it is too easy to miss how they can improve things in areas where they haven’t traditionally been used. Read more

Dr Eric Crampton
Newsroom
16 July, 2019

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