May 6, 2024
Rob Morrison and Christina Hood: an obscure climate accounting decision with billion-dollar consequences

For a country that trades on its green brand and reputation as a trustworthy international counterpart, there is no realistic alternative but to follow through on our climate commitments. Failure to do so would have serious financial risks ... The size of this country’s NDC liability in future years will depend on how much action is taken domestically. Every extra tonne that we can reduce at a reasonable cost is one that we will not need to purchase offshore. All of this helps make the case for investment in ambitious initiatives such as accelerated electrification proposed by Rewiring Aotearoa and Recloaking Papatūānuku.

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