NZ's climate crossroads [NZ]Friday 4 Sep 2026
Indeed, the PCE's contention is that "it does not make sense to add additional supply to an already oversupplied market." The tension is real, and ever unresolved. The debate about gross versus net emissions reductions rages on, while others point out that less political meddling to date might have delivered a higher carbon price and more gross reductions. So whose fault is it anyway? Certainly, there's a caution worth sitting with: even those most focused on bold climate action must weigh the impact of their own words. Confidence in the ETS and carbon pricing is already fragile. Yet it remains an important guiding light for the capital required to green our infrastructure. The challenge for policy makers is to balance any reform with predictable and long dated, well signalled transition planning. The ETS is now far more deeply embedded, and far more complex, than a single price on a screen or a headline number of hectares planted. In our opinion, to treat it otherwise risks doing real damage to the entire system, to communities as well as investor confidence. Hard stops can cause big damage. More >> Source: Carbon Match | ||
Copyright 2004-2026 © Innovatek Ltd. All rights reserved. |
