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24 Apr 2024 05:49:50

Interactive analysis: how NZ will meet carbon budgets

Posted: 25 May 2022

Last week's Emissions Reduction Plan is a bid to manage the decarbonisation of the New Zealand economy quickly enough that the Government's carbon budgets will be satisfied but not so fast that the transition disadvantages the poor and vulnerable.

It's a tall task ahead for New Zealand.

Under current policies (and assuming a $35 carbon price in the Emissions Trading Scheme) we're expected to emit 299 million tonnes of greenhouse gases (Mt CO2e) between now and 2025, another 339 Mt out to 2030 and 311 Mt in the five years to 2035.

Read more at Newsroom.