The plan puts money toward a broad range of activities including making electric vehicles more accessible, reducing food going into landfill, improving public transport and truck emissions and helping industry to decarbonize.
The government said the new Climate Emergency Response Fund will initially receive NZ$4.5 billion from Emissions Trading Scheme revenue, with NZ$2.9 billion to be allocated in this week’s budget. The most significant emissions reductions for the period ending Dec. 31, 2025 will come in the energy, industrial and transport sectors, government documents said, adding every sector will have to play a role.
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Why the long face?