Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More
Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

R&D funding boost should prioritise green tech

R&D funding boost should prioritise green tech

The reinstitution of funding to support research and development is a step in the right direction but the new spend needs to prioritise research in green technology, the Green Party said today.

“The Government proposed $321 million R&D spend needs to target green tech and clean tech solutions to sustaining our prosperity,” said Green Party Co-Leader Russel Norman.

“We are already reaching the ecological limits of the planet. If we’re to sustain our quality of life, we’ll need to use research, science, and technology to find ways to reduce our environmental footprint.

“And any green tech solutions we discover here at home will have a ready market abroad,” said Dr Norman.

Nicholas Stern, one of the world’s top economists, believes green technologies have the potential to bring nations out of the recession and fuel economic growth that will be sustainable in the long-term, transforming society in as striking a way as railways and information technology have done previously.

“The next economic wave is the green economic wave and, if New Zealand wishes to prosper, it needs to prioritise research, science, and technology spending accordingly. It’s about picking winners in the areas we know there will be huge future growth in: renewable energy, sustainable agriculture, green tech manufacturing, and energy efficiency.

“Yet John Key’s Government is heading in the opposite direction with its dumb extractive approach to mining in our most precious conservation lands and its unsustainable approach to managing Canterbury's rivers,” said Dr Norman.

“We can’t keep running our economy on the premise of simply mining more, farming more, and consuming more. We have to grow smart, promoting green tech solutions to the environmental challenges we face.”

ENDS

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.