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

Alex Sundakov

Alex Sundakov

Executive Director
David Ehrhardt

David Ehrhardt

Chief Executive

How can we help you?

How can we help you?