ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Efforts to de-carbonise could cause fuel prices to soar

Author
Newstalk ZB,
Publish Date
Thu, 5 Oct 2023, 9:42AM
(Photo / NZ Herald)
(Photo / NZ Herald)

Efforts to de-carbonise could cause fuel prices to soar

Author
Newstalk ZB,
Publish Date
Thu, 5 Oct 2023, 9:42AM

There's a suggestion that pricing carbon might not be the only answer to deal with climate change.  

New research shows that relying on the Emissions Trading Scheme alone to de-carbonise would trigger petrol prices to soar by 60 cents a litre. 

Massey University Professor Robert McLachlan told Mike Hosking that making the carbon price go so high is unfair on consumers. 

He says when they looked at the international evidence, they found the ETS does work a bit but it can't reduce emissions alone.

LISTEN ABOVE 

Take your Radio, Podcasts and Music with you