What's the best policy to cut car emissions?
Grattan Institute
00:00
The Impact of an Emissions Ceiling on New Zealand's Economy
Tash: We've done an updated modeling on the impact of an emissions ceiling. Our preferred trajectory has targets that fall quite steeply initially, so that we catch up to New Zealand's targets in 2027. A fallback option would be still to get to zero in 2035, but with more lenient targets in the first few years and then a steeper decline closer to 2030. With no policy action, new cars would emit a total of 775 million tons of carbon emissions between now and 2050. Under our proposed ceiling, this number could be more than half.
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