Joshua S Hill, reports on the NZ climate plan:
New Zealand’s Labour government announced on Monday [may 16th] its “landmark” Emissions Reduction Plan which is designed to set the country on a pathway to meet its 2050 net-zero targets.
The Emissions Reduction Plan targets climate strategies across a range of sectors including transport, energy, waste, building and construction, and agriculture and forestry.
The multi-sector strategy is designed to meet emissions budgets while improving the ability of those relevant sectors to adapt to the effects of climate change.
[…] the Emissions Reduction Plan includes the launch of the Clean Car Upgrade program, which provides targeted assistance to lower- and middle-income households for the uptake of low-emission vehicles.
The EV subsidies are part of $NZ1.2 billion worth of transport sector-specific investments, which also include $NZ350 million for public transport, cycling, and pedestrian access, and an EV leasing scheme trial for low-income families.
The larger Emissions Reduction Plan also includes just over $NZ650 million to decarbonise industry over the next four years.
There is also a further $NZ18 million to fund the development of an energy strategy, a regulatory framework for offshore renewable energy, and a roadmap for the development and use of hydrogen.
On a larger scale, approximately $NZ1 billion will be spent over seven years to decarbonise industry
— more details at “We must wean ourselves off fossil fuels:” New Zealand launches “landmark” climate plan, reneweconomy.com.au