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24 Jan 2026 4:33
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  •   Home > News > Business

    Push-back from the energy industry ... on the Government Emissions Reduction Plan

    Push-back from the energy industry ... on the Government Emissions Reduction Plan


    The multi-billion-dollar announcement includes trade-in and lease schemes for owners of gas-guzzling cars, and money for public transport and cycleways.

    Hundreds of millions of dollars are going into decarbonisation, and reducing agricultural greenhouse gas emissions - with money for developing green fuel and energy alternatives.

    Energy Resources Aotearoa, Chief Executive, John Carnegie says he believes policies already in place would have delivered enough reductions to meet net zero by 2050.

    He says they're looking hard for the cost-benefit analysis, and the analysis that suggests we need to do these things now -- and to date they haven't found them.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     23 Jan: An expectation the official cash rate will be held steady as inflation is higher than expected
     23 Jan: Queensland crocodile capture rates double as removal zones expand
     23 Jan: Dairy farmers could be in an earlier-than-expected pay day
     23 Jan: The latest rise in inflation may be unexpected - but many will have felt its impact
     23 Jan: Inflation's risen again - and is now back above the Reserve Bank's target range
     23 Jan: Digital ‘tokenisation’ is reshaping the global financial industry. Is NZ ready?
     23 Jan: New Zealand's tourism rebound continues to gain pace
     Top Stories

    RUGBY RUGBY
    All Blacks prop Tamaiti Williams denies player power was behind the early exit of coach Scott Robertson More...


    BUSINESS BUSINESS
    An expectation the official cash rate will be held steady as inflation is higher than expected More...



     Today's News

    Accident and Emergency:
    A person's been found dead at a Clutha address this evening - along with another person in a critical condition 21:57

    Christchurch:
    A pedestrian's seriously injured after being struck by a car on Christchurch's Riccarton Avenue about 10 to seven this evening 21:17

    International:
    Paris Hilton brings sex tape story to Washington for AI deepfake porn fight 21:07

    Environment:
    The Mount Maunganui tragedy reminds us landslides are NZ’s deadliest natural hazard 20:07

    Business:
    An expectation the official cash rate will be held steady as inflation is higher than expected 18:57

    Politics:
    Gloriavale's condemned private school is remaining open for the time being 18:37

    Environment:
    What is a landslide, how do they happen and where are they most common? 18:17

    Rugby:
    All Blacks prop Tamaiti Williams denies player power was behind the early exit of coach Scott Robertson 18:07

    Soccer:
    To football, and South Island United have claimed their first win in the Oceania Pro League 18:07

    Law and Order:
    Police want to hear from anyone who may have seen a 62-year-old man reported missing from the Invercargill area - last seen two weeks ago 17:27


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