The Government has announced its Climate Action Plan to move New Zealand into a "low emissions economy".
The plan follows from Productivity Commission's 2018 report, and Climate Change Minister James Shaw promises it will lead to "fundamental changes" to our society and economy.
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"Our Government is committed to a just and rapid transition to a low emissions economy, because it's vital that we play our part looking after our planet," he said in a speech on Saturday.
"Cabinet has agreed to 43 of the Productivity Commission's recommendations and agreed to do more work on 33 further recommendations."
The plan details the steps New Zealand will take to tackle climate change, including:
- Reform the New Zealand Emissions Trading Scheme (NZ ETS) rather than replace it with a carbon tax
- Provide funding that will support the One Billion Trees programme, including the potential for transitioning from exotic to permanent forests
- Reduce emissions from light vehicles and transition the fleet to be low emissions through time
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