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The vehicle feebate scheme announced Sunday might result in more electric vehicles, but it cannot affect net carbon emissions. Transport is covered by the Emissions Trading Scheme’s binding cap on net emissions. Read more
The practicalities of the Government’s new ‘feebate’ scheme are still unclear, as the Financial Services Federation’s Lyn McMorran explains in a conversation with Eric Crampton, Matt Burgess and Oliver Hartwich. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
The government’s announcement on Sunday of subsidies for electric vehicles did not make any case that the benefits to the public would plausibly exceed the costs. To fail to demonstrate positive net benefits is to fail to make a public wellbeing case for the measure. Read more
Matt Burgess, Eric Crampton, Oliver Hartwich and Bryce Wilkinson discuss the Government’s new feebate scheme. Will it help to cut emissions? Read more
Only one thing contributes to our emissions targets: lower emissions. On that standard, this week’s report from the Climate Change Commission fails. Read more
The first rule of any emissions reduction plan is that it reduces emissions. Yesterday’s plan from the Climate Change Commission does not pass this test. Read more
Matt Burgess dissects the Climate Change Commission’s final recommendations. If you would like to listen to our latest podcasts, please subscribe to The New Zealand Initiative podcast on iTunes, Spotify or The Podcast App. Read more
Wellington (Wednesday, 9 June 2021): The New Zealand Initiative calls on the Government to reject the Climate Change Commission’s recommendations and instead rely on the Emissions Trading Scheme’s cap to achieve net zero emissions by 2050. “The Climate Change Commission has based its plan on the idea that the ETS does not cap emissions,” says Dr Oliver Hartwich, Executive Director of the New Zealand Initiative. Read more
Anyone who’s gone through strategic planning reviews at places of business under financial distress knows they’re often a prelude to redundancies. Too often, reviews look to see what might be cut, and what can be made of what is left, rather than building toward new opportunities. Read more
The problem with economics is that it often uses a language that non-economists do not speak. Take "externalities", for example. Read more