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This week’s Financial Stability Report continues the Reserve Bank’s fascination with climate change. It says rising seas and changing weather patterns will lead to financial losses. Read more
Watching government agencies scramble to find solutions to problems they or other government agencies caused is darkly amusing. They rarely notice the root cause of the problem they are trying to solve, or that their proposed solutions only set the stage for the next round of problems to come. Read more
The Government has announced they will confiscate councils’ three water assets, despite widespread opposition from mayors, councillors, and ratepayers. Ben Craven sits down with Oliver Hartwich, Matt Burgess and Eric Crampton to discuss what the proposals will mean for councils; the winners and losers; and why centralised control of water assets is not the answer to local water issues. Read more
Last week, the government unveiled the first draft of its plan for how this country will lower emissions over the coming decades. The Emissions Reduction Plan lacks specifics but signals intent. Read more
Each year, the government gives away millions of emissions units to trade-exposed businesses under its Industrial Allocations (“IAs”) policy. The policy is narrow but deep. Read more
Matt Burgess joins host Ben Craven to discuss the government’s feebate policy which launches in April 2022. The policy is egregiously regressive. Read more
Who could begrudge giving more than $8,000 of public money to every proud owner of brand-new Tesla Model 3 cars? Just look at their smiles. Read more
This week the price of a New Zealand Unit of carbon credit passed $50 for the first time. Ben Craven speaks to Matt Burgess about why this happened, and what the increase in price will mean for consumers, emitters, and New Zealand’s environmental commitments. Read more
Freshwater politics is a nightmare. Long-term improvements in water quality depend on the development of systems that can withstand government and policy changes. Read more
Carl Hansen, the former Chief Executive of the Electricity Authority between 2010 and 2018, joins Matt Burgess to discuss what happened on the evening of 9 August when 35,000 homes lost power on the coldest night of the year. Carl explains how the blackout happened and the response to the event by the government. Read more