In 2016 a large group of international economists including four former Federal Reserve Chairs and 27 Nobel laureates made a number of recommendations on climate policy. At Infometrics we have explored the effects of a ‘tax and rebate’ policy with a detailed model of the New Zealand economy.
The past decade has seen infrastructure investment in our three waters heavily watered down. Compounding the issue, over recent years, New Zealand has had surging population growth. The lack of investment, coupled with intense demand growth, has been placing huge pressure on our pipes.
Plastic packaging is being talked about more than any other time since it was first invented. With single-use plastic bags now banned, and our ability to outsource soft plastic recycling overseas becoming less viable, there are some fundamental shifts occurring for New Zealand. With more efforts to switch to reusable alternatives, and a rethink about plastic recycling, we need to focus much more on how we manage our waste.
The Treasury hit headlines a month or two back when considering ‘sun and moon feelings’. While sun and moon feelings did not meet our criteria in when developing the Infometrics regional wellbeing framework, we thought it would be fun to shine the line sunshine hours to see what area came up trumps.
As we head into summer, many of us will be looking forward to spending time with friends, family, and of course ‘man’s best friend’, the pooch. This month we draw of data from the Department of Internal Affairs to look at where dogs are more concentrated in NZ. There were 560,511 registered dogs in NZ for the year ending 30 June 2018. Two-thirds (67%) of dogs are in the North Island (compared to 77% of the human population), with the remaining third (33%) in the South Island (vs 23% human).
There was an increased push for greater environmental sustainability during the economy’s boom times last decade – until the Global Financial Crisis hit in 2008, that is. Now the New Zealand economy is back in a strong position and we expect to see an increasing amount of investment in environmentally sustainable buildings over the next few years.
Shifting our vehicle fleet to renewable electricity is an obvious and urgent action if the government is to achieve the greenhouse gas (GHG) emissions target it set itself last year in the lead up to the Paris climate conference. A recent report by Concept Consulting confirmed that electric vehicles (EVs) would be a sensible way to reduce our GHG emissions.
Infometrics has recently been involved in estimating the economic impacts on New Zealand of participating in an international agreement to reduce greenhouse gas emissions over the period 2021 to 2030. We looked only at the cost of emissions mitigation to New Zealand, not at the effects (benefits) of avoided climate change. Actions by New Zealand will not affect global warming, but New Zealand may nonetheless wish to set an ambitious emissions reduction target.
It appears we’ve all survived another daylight savings event. We’re all a little bit more tired, but we now get the advantage of having plenty of early evening sun. While many of us do appreciate this, I plan to discuss the economic argument for why we use daylight savings – and what this means for a broad range of other issues that involve government.
In recent years, falling prices for solar panels and risingcapacity for batteries has made solar an increasingly feasible source of energyfor many businesses and households. Here we discuss what has been going on,and what it may mean for broader energy prices and technological changes in thecoming decades.