The Productivity Commission's draft report on transitioning to a low-emissions economy is now available. Download the draft report here.
The Government asked the Commission to identify options for how New Zealand can reduce its domestic greenhouse gas emissions through a transition to a low-emissions economy, while at the same time continuing to grow income and wellbeing.
The Commission engaged with a large and diverse group interested in climate change and mitigation policy. We completed over 120 engagement meetings (including overseas), 15 conferences/seminars and received 132 submissions on our issues paper. Modelling work was also undertaken by a consortium of Vivid Economics, Concept Consulting and Motu Economic and Public Policy Research of different transition pathways to a low-emissions economy, examining respective impacts and outcomes.
The draft report makes 140 findings, 50 recommendations and asks 11 questions. Moving to a low-emissions economy will require:
- getting emissions pricing right, to send the right signals for investment;
- harnessing the full potential of innovation and supporting investment in low-emissions activities and technologies;
- creating laws and institutions that endure over time and act as a commitment device for future governments; and
- ensuring other supportive regulations and policies are in place (including to encourage an inclusive transition).
We invite you to contribute to the next stage of our inquiry and share your feedback on the Draft Report. Make a submission here by 8 June 2018.
A final report will be presented to the Government in August 2018.
Please see the 'Downloads' section below for useful documents on the inquiry, including an A3 Briefing Summary, Media Release and two commissioned reports, one on modelling and the other on the electricity sector..
27 April 2018: Draft report released
8 June 2018: Submissions on draft report close
August 2018: Final report released