English goes silent on carbon deficit costs
The Government is refusing to discuss what impact a 2030 carbon deficit will have on the economy – despite warnings from Treasury. Finance Minister Bill English has confirmed to Carbon News that Treasury is predicting carbon prices of between $10 and $165 a tonne between 2021 and 2030, but he has not answered questions on what that will cost New Zealand.
Climate expert: It’s all smoke and mirrors, Mr Groser
New Zealand is using smoke and mirrors to meet its 2020 emissions reduction target, when it could get there by using clean heating and transport technologies, says one of our leading scientists. Climate Change Minister Tim Groser told Radio New Zealand National this morning that while New Zealand faced some big hurdles in cutting emissions, the country was on target to meet its pledge to cut emissions to 5 per cent below 1990 levels by 2020.
Climate talks off on the rocky road to Paris
A deal struck in Lima between 196 nations today leaves open the possibility of saving the planet from dangerous overheating. But its critics say the prospects of success are now slim.
Fossil fuel probe under way as NZ goes exploring
New Zealand is expanding oil and gas exploration at the same time as Britain probes the likely cost of stranded fossil-fuel assets. Continue reading “Carbon News 15/12/14: smoke and mirrors”