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Matt Burgess explains what happens when the ETS reaches its price cap. 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
When the government set a binding cap on New Zealand’s net emissions through the Emissions Trading Scheme, it also set a second cap – on prices. The hope was that that second cap would not really be needed, but it looks like it might become relevant rather sooner than anyone expected. Read more
Matt Burgess talks to Eric Crampton about the fiscal risks of a rapidly rising ETS price. 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
This week, Environment Minister David Parker released his draft Natural and Built Environments bill. It is the first of three pieces of legislation to replace the Resource Management Act. Read more
Senior economist Matt Burgess discusses New Zealand’s agricultural emissions. 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
This week, a strong majority of Australian economists came out in support of a policy measure to encourage electric vehicle adoption on their side of the Tasman. But they did not support subsidies for electric vehicles. Read more
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 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
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
Matt Burgess, Eric Crampton, Oliver Hartwich and Bryce Wilkinson discuss the Government’s new feebate scheme. Will it help to cut emissions? Read more