Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Budgeting for Use of Carbon is Key to Cutting Emissions

14 April 2014

Budgeting for Use of Carbon is Key to Cutting Emissions

Seriously tackling New Zealand’s emissions requires the use of carbon to be budgeted for in the same way the nation budgets for government spending.

Without new action, New Zealand’s gross emissions are projected to be 23% above its recently announced target for the year 2020, based on updated Environment Ministry figures.

The latest report of the Intergovernmental Panel on Climate Change (IPCC) has emphasised the importance of the emissions trend line – that global emissions have kept rising over the last decade, rather than fall as they need to.

New Zealand’s gross emissions have similarly risen, and they are projected to keep steadily rising out to at least 2030.

The 2020 target is the next checkpoint and is formally expressed as a responsibility for cutting emissions to 5% below 1990 levels, on average, between 2013 and 2020. When setting the target in August, the government recognised it would be significantly overshot under current policies.

A key change required is to set up a carbon budgeting process that details expected carbon emissions for the economy and how these can be reduced by practical actions.

This process, pioneered by the UK government, integrates all options for reducing emissions – from pricing carbon to energy efficiency standards – and develops action plans for each sector of the economy. A series of five year budgets for the use of carbon are then struck as savings potentials are identified.

It is an overall framework for guiding the transition to a low carbon economy.

The IPCC reports that “ambitious” efforts to reduce emissions would on average slow global economic growth by just 0.06% a year, compared to an assumed 1.6% to 3% growth per year otherwise.

The overall effect of the current approach is to put much of the cost of today’s excess emissions on tomorrow’s taxpayers. The bill for failing to reduce gross emissions in line with the target is simply being put on the credit card.

A briefing on Carbon Budgeting is available at: www.sustainabilitynz.org/wp-content/uploads/2013/08/CarbonBudgeting_IntegratedPlanningforClimateAction.pdf

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On The Ombudsman’s Verdict On Paula Rebstock And Ian Rennie

Unfortunately, the brave and damning report by Ombudsman Ron Paterson on the “flawed” and “unfair” inquiry conducted by Dame Paula Rebstock into events at MFAT pulls back the veil on a far wider issue. More>>

ALSO:

Charities' Report: Stressed Families - Overstretched Services

“Like so many of the whānau and families they serve social service organisations are under huge financial stress. The support demanded from desperate people in communities is far outreaching the resources available.” More>>

ALSO:

Detention: Wellingtonians Protest Treatment Of Refugees

Peace Action Wellington (PAW) and around 50 Wellingtonians blockaded the Australian High Commission, creating a symbolic detention centre to protest the Australian Government's policy of mandatory offshore detention for refugees and asylum seekers. More>>

ALSO:

Diver's Alarums: Breach Means Training Provider Must Repay $1.47 Million

The New Zealand School of Outdoor Studies is to repay $1.47 million (GST-exclusive) to the Tertiary Education Commission (TEC) following an investigation which showed that some student enrolments between 2009 -2014 could not be validated and that courses were under-delivered against their agreement with the TEC. More>>

ALSO:

Education: Government Plans Suggest Bulk Funding Return

Plans by the Government to return to bulk funding are likely to see increased class sizes and schools most in need missing out on much-needed resources, Labour’s Acting Education spokesperson Grant Robertson says. More>>

ALSO:

Interim Report: Auckland Looks Long Term To Pay-Per-Km Road Pricing

Aucklanders can expect to be paying variable rates per kilometre to travel on the city's most congested roads under an emerging transport strategy being formulated by the government and the Auckland Council. More>>

ALSO:

Despite Promises: Government Extends Iraq Deployment

Cabinet has agreed to extend New Zealand’s contribution to the joint New Zealand-Australia mission to train Iraqi Security Forces until November 2018. More>>

ALSO:

On The 'Terrorism' Card:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news