Climate report warns business must accelerate emissions cuts | Herald NOW Busin…
Climate report warns business must accelerate emissions cuts | Herald NOW Business
NZ Herald ·
Climate report warns business must accelerate emissions cuts | Herald NOW Business
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{"v":1,"chapters":[{"timeSeconds":1,"label":"Climate Commission's Warning Issued","summary":"The Climate Change Commission has released its latest report, warning that emissions reductions have stalled. Current policies risk missing targets and businesses are missing opportunities to cut costs and invest in cleaner technology."},{"timeSeconds":15,"label":"Interview with Jo Hendy","summary":"Jo Hendy, Chief Executive of the Climate Change Commission, joins the program to discuss the report. She explains that while emissions are decreasing, the rate of reduction is insufficient to meet targets."},{"timeSeconds":22,"label":"Need for Policy Adjustments","summary":"Hendy states that there are barriers preventing businesses from making necessary investments in emissions reduction. She suggests that government policy needs to be adjusted to address these barriers."},{"timeSeconds":103,"label":"Evolving the ETS System","summary":"The discussion turns to the Emissions Trading Scheme (ETS). Hendy suggests that the ETS needs to evolve to drive low-cost emissions reductions through the economy."},{"timeSeconds":121,"label":"ETS and Business Competitiveness","summary":"Hendy explains that a well-designed ETS can drive low-cost emissions reductions and enhance business competitiveness. However, she notes that the current system has limitations."},{"timeSeconds":133,"label":"Addressing Non-Price Barriers","summary":"The conversation highlights that beyond pricing mechanisms, there are non-price barriers such as workforce availability and grid connections that need to be addressed for effective decarbonization."},{"timeSeconds":353,"label":"Barriers to Decarbonisation","summary":"Hendy identifies key barriers to decarbonisation for businesses, including the cost of new technology and the availability of skilled labor. She emphasizes the need for government support to overcome these challenges."}]}
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