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Transition to a low-carbon economy for New Zealand

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Emission reduction pathways 163<br />

Key messages<br />

• A transition <strong>to</strong> a <strong>low</strong>-<strong>carbon</strong> <strong>economy</strong> is possible<br />

over the next few decades if we start now<br />

and include coherent aspirations and actions<br />

across agencies and businesses as well as by<br />

communities and individuals.<br />

• If <strong>New</strong> <strong>Zealand</strong> wishes <strong>to</strong> take domestic<br />

actions <strong>to</strong> significantly reduce our current GHG<br />

emissions, households, cities, commercial<br />

enterprises and land-users will all need <strong>to</strong> make<br />

changes in order <strong>to</strong> reduce their GHG emissions<br />

significantly.<br />

• Although there have been some useful studies<br />

of future mitigation pathways <strong>for</strong> <strong>New</strong> <strong>Zealand</strong>,<br />

in<strong>for</strong>mation <strong>to</strong> enable quantitative and realistic<br />

pathways <strong>to</strong> be produced is scarce and there is<br />

a lack of detailed data <strong>to</strong> enable further analysis<br />

<strong>to</strong> be undertaken <strong>to</strong> fill the knowledge gaps.<br />

• The term ‘pathways’ suggests that there are a<br />

number of different ways <strong>to</strong> proceed <strong>to</strong>wards<br />

approaching net zero emissions around the<br />

second half of the century. However, all<br />

routes that might achieve this goal include<br />

implementing all feasible means of avoiding<br />

activities, products and services that involve<br />

releasing CO 2<br />

from the burning of fossil fuels.<br />

• Models developed <strong>for</strong> emission reduction<br />

pathways elsewhere could be adapted <strong>for</strong> use<br />

by <strong>New</strong> <strong>Zealand</strong> assessments, given time and<br />

resources.<br />

• Judgements based on current knowledge<br />

of innovative technology development and<br />

assumptions on future costs, deployment rates,<br />

and <strong>carbon</strong> prices, can be used <strong>to</strong> provide<br />

at least an indication of future mitigation<br />

trajec<strong>to</strong>ries in each sec<strong>to</strong>r.<br />

• All sec<strong>to</strong>rs have good potential <strong>to</strong> reduce<br />

emissions and gain the many co-benefits<br />

including cost savings, although <strong>for</strong> some<br />

sec<strong>to</strong>rs, the mitigation costs in terms of<br />

$/t CO 2<br />

-eq avoided, are unknown.<br />

• To support immediate and short-term mitigation<br />

actions, especially those relating <strong>to</strong> behavioural<br />

changes by households and businesses, an<br />

effective <strong>carbon</strong> pricing regime would increase<br />

the rate of mitigation.<br />

• The more uncertain or politically difficult GHG<br />

reductions, such as agricultural emissions, can<br />

evolve over the longer term whilst other sec<strong>to</strong>rs<br />

move more rapidly along a transition pathway<br />

<strong>to</strong>wards zero emissions.

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