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There were a lot of truly classic episodes of Seinfeld, but among the very best, at least for economists, was “The Bottle Deposit”. And we may be in for a repeat if the Ministry for the Environment has anything to say about it. Read more
Yesterday’s budget was not the only budget in town. It followed hot on the heels of Climate Change Minister James Shaw’s announcement on Monday of the Government’s $2.9 billion Emissions Reduction Plan. Read more
Chelsy Killick talks with Eric Crampton and Oliver Hartwich on the Government’s Emissions Reductions Plan and what it will mean for transport. To listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
There’s an old adage that one should buy stocks not on new news, but on the rumour of it. By the time whatever it is is news, everyone will know it, and the effects will be priced in. Read more
Several large companies recently received hefty government handouts to install new boilers and heaters. This was all under the guise of decarbonisation, using money earmarked for the country’s Covid recovery. Read more
Wellington is a confusing place. In 2017, the Government wanted to plant One Billion Trees and set a lot of costly policies to achieve it. Read more
This submission is in response to the Ministry for the Environment and Ministry for Primary Industry’s Discussion Document Managing exotic afforestation incentives. The Document proposes not awarding carbon credits through the ETS for permanent exotic forestry planting, despite the carbon sequestered in such forests, because of other perceived problems resulting from exotic forestry planting. Read more
Inflation is central government's responsibility. The Reserve Bank sets monetary policy, and monetary policy drives inflation. Read more
Last week might not have seemed the best time for a 25 per cent increase in Canada’s carbon tax. Fuel prices there, like here, have been increasing. Read more
A funny thing happened on the way to Wellington’s draft Economic Wellbeing Strategy. It’s a tale as old as time. Read more