PROJECTS
Strategy and Policy for a Carbon Market in New Zealand
The problem
New Zealand’s draft “Energy Strategy to 2050: Towards a sustainable low emissions energy system” proposed an emissions trading system to price carbon. Flaws in the design meant that the proposed market was unlikely to achieve its objectives, and created risks for energy security, development of indigenous natural gas reserves, and the value of energy businesses.
How we helped
Castalia helped Shell New Zealand assess the likely impact of the proposals. We developed solutions to reduce the trades-offs between reducing global carbon emissions and securing energy security and economic development in New Zealand. These options were then proposed in the consultation on the policy.
Impact
The New Zealand Government considered our advice when preparing the final version of the NZ Energy Strategy (2007), the design of which was improved to combine a focus on energy efficiency with an explicit objective of energy security and the development of a diversified range of indigenous primary energy sources.
The client
Shell New Zealand Limited
Our team
Find out more
How can we help you?
How can we help you?
WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America
SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia
AUCKLAND
+64 (4) 913 2800
Sinclair House, 3 Glenside Crescent
New Zealand
WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand
PARIS
+33 (0)1 85 64 10 22
3B Rue Taylor
France
BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-121
Colombia
Thinking for a better world.
WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America
SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia
AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand
WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand
PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France
BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia
Thinking for a better world.