Unemployment at record highs, current account deficit in trouble, the economy is stagnant, exodus to Australia, National is failing by every performance measure that they set themselves (except enriching the already wealthy of course). No plan when elected, no plan now, nothing to offer but shrugs and “jokes”. The most frustrating thing is that it doesn’t have to be this way, there is a way forward:
NZ placed to reap rewards in an eco-conscious world
Mandatory emissions standards for new vehicles, an electrical “smart grid” and a stocktake of our clean green image are among a raft of ways New Zealand could benefit itself and tap into a global green economy projected to top $3.6 trillion by 2050.
A report released today by the University of Auckland Business School and consultancy Vivid Economics proposes an ambitious blueprint for “green growth”, with homegrown export potential ranging from sustainable agricultural products and geothermal energy to second-generation biofuels.
It has found New Zealand could benefit from green investment in two main ways – exporting to countries investing in green assets and technology and importing new technology and ideas to boost world-leading policies here.
It makes recommendations for our major industry sectors, including tourism, agriculture and forestry and envisages an energy-efficient electricity network and eco-friendly buildings.
The report backs improving standards and infrastructure to meet an influx of electric cars, urges investment in public transport and second-generation biofuels, and proposes mandatory light vehicle emission standards for new vehicles. …
Pure Advantage, a lobby group formed by top business leaders, believes New Zealand has the potential to generate billions of dollars in new high-value economic growth while improving the environment. Yet the opportunities presented in the report have not been fully realised, according to the group’s chairman, Rob Morrison. “If they had been realised, we would already be seeing significant economic and environmental gains – but as of yet we are not.”
Pure Advantage commissioned the report:
PURE ADVANTAGE LAUNCHES NEW ZEALAND INTO THE GLOBAL GREEN RACE
Auckland and Wellington, 15 November 2012 – Pure Advantage today launched a significant new independent report called ‘Green Growth: Opportunities for New Zealand’, prepared by internationally renowned economists Vivid Economics of London in conjunction with the University of Auckland Business School.
The macroeconomic review is the first robust analytical assessment of New Zealand’s green growth economic opportunities within a global context. …
‘Green Growth: Opportunities for New Zealand’ can be summarised into six points:
- A green economy offers the opportunity to improve the overall wellbeing of all New Zealanders, by viewing economic growth and environmental improvement in a holistic manner.
- New Zealand could benefit from global green investment patterns in two main ways: by exporting to nations investing in green goods and services and by importing new technology and ideas to create efficiencies at home.
- The potential economic opportunities are significant – the IEA estimates that global investments in low carbon energy alone could reach more than US$3 trillion per year by 2050, if the world shifts to an ambitious green growth trajectory.
- New Zealand should focus on sectors where it already has an advantage or where its natural capital is best suited to capturing future advantages.
- The best green growth export opportunities for New Zealand include sustainable efficient agricultural products and services, geothermal energy, biotechnology and forestry, including second-generation bio fuels. In the domestic economy, opportunities include improvements in building and transport energy efficiency, electricity grid technology and matching brand credibility through improved biodiversity management.
- These opportunities generally require action from both industry and government; however, there are steps which private industry can take immediately and unilaterally.
It’s all there. It’s the only rational way forward. The problem is that the message has already been repeated many times (sigh). The Nats aren’t listening. We’re stuck with as many wasted years as it takes until we get a government that can see the bleeding obvious. There is a way forward – we just need the wisdom to take it.