17 Jul 2024
NZ unlikely to meet long term emissons targets
The government today outlined how it plans to meet New Zealand's emissions goals after scrapping several Labour-era policies. However, the Draft Emissions Reduction Plan shows the country is on track to exceed its 2031 to 2035 emissions budget by 17 million tonnes, Felix Walton reports. Labour-era climate policies like the clean car rebate and decarbonisation funds have been slashed, replaced with a greater emphasis on carbon offsets. Minister of Climate Change Simon Watts calls it a 'net-based strategy.'