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At May’s Budget, the government will commit $4.5 billion to new spending on climate change, more than $2,000 per household. The government will also deliver its Emissions Reduction Plan, an array of levies, subsidies, regulations and hard bans. Read more
Wellington (Tuesday, 22 March 2022) – New Zealand is already on track to its emissions targets and the government’s new climate change policies will have almost no effect on emissions, says a new report by public policy think tank The New Zealand Initiative. The report, Pretence of Necessity by Senior Economist Matt Burgess, shows that existing policies are enough and further policies are optional but not necessary to reach net zero emissions by 2050. Read more
Carbon prices are the best way of getting us to Net Zero. The Emissions Trading Scheme can get the job done if the government lets it. Read more
The latest survey of New Zealand economists provides a clear steer for climate policy. Rather than use policies like fuel economy standards for imported vehicles, which target emissions already covered by the Emissions Trading Scheme’s cap on net emissions, the government should simply tighten the cap more quickly. Read more
If you thought central planning was buried with the fall of communism, you should look at the European Union. In recent years, the EU has been working on its so-called taxonomy. Read more
2022 will be an important year for the Government as it decides upon energy and emissions policies. Matt Burgess joins Ben Craven to talk about three of the important developments we can expect to see: • The effects of a $75 ETS price; • The Government’s Emissions Reduction Plan; and • The business case for the proposed Lake Onslow Battery scheme. Read more
Matt Burgess talks to Ben Craven about his latest NZ Herald column and submission on the Government’s Emissions Reduction Plan. Matt explains why most government policy interventions in the name of climate change cannot reduce emissions as they are already under New Zealand’s emissions cap. Read more
Our submission is the Emissions Reduction Plan cannot reduce emissionsunder a binding ETS. The government should have written this paper years ago. Read more
Call climate change a catastrophe. Worry about rising seas if you want. Read more
Matt Burgess joins Oliver Hartwich to discuss his latest research note, Climate of fear: How the Reserve Bank is overstepping its mandate. Matt’s research documents serious breaches of the RBNZ's responsibilities as regulator of the financial system, including one instance of misconduct. Read more