Climate change is the greatest challenge facing the world. If we do not urgently reduce our emissions of greenhouse gases, warming will disrupt the climates our agriculture and other industries depend upon, sea-level rise will affect our coastal cities, and ocean acidification will affect the marine food chain.
Labour will:
Labour will do more than set targets. The Climate Commission will look at what can practically be achieved by each sector and recommend emissions reductions targets. The Government will then set emissions reductions targets in law. The Commission will publish emissions budgets so that business can know what each sector needs to achieve for New Zealand to meet its goals. Government will need to take a leadership role in favouring low-carbon options in its investment and purchasing decisions.
Agriculture is able to do its part in reducing emissions. As our largest source of climate pollution, it is essential that it does.
Over the last decade, agriculture’s emissions have been stable, even as the sector has continued to grow. Agriculture’s emissions intensity (dollars of GDP per tonne of CO2 equivalent emissions) has improved by 33% since 1990 and 17% since 2008, but progress has stalled recently. Government-backed science has made impressive advances in methods to reduce farm emissions without reducing output.
A gradual introduction of the price signal from the ETS, starting with giving the sector 90% of emissions free, will help bring emissions down without hurting agriculture’s contribution to the economy. We will take a farm-level approach where possible so that low-emissions farmers are rewarded with a lower cost through the ETS, rather than the current approach that assumes each cow, for instance, has the same emissions on every farm.
It’s important that the next generation is involved in the effort to tackle climate change – they are the ones who will inherit what we leave. Labour’s Youth Climate Change Challenge will see children from Year 7 upwards, who want to take part, develop ideas for addressing climate change. The children from around the country who develop the best ideas each year will be invited to meet the Prime Minister to discuss climate change.
New Zealand’s plentiful renewable energy resources – hydro, wind, geothermal and solar – mean we are ideally placed to build an energy system that is affordable, sustainable and reliable. Labour’s Energy and Climate Change policies overlap in the need to improve energy use and slash greenhouse gas emissions.1 The challenge is to ensure a just transition swiftly but smoothly towards a fully renewables-based energy system and a low-carbon economy.
In conjunction with this, the Labour Party is not all talk. We are a party of action, and in such will put the future of this nation above all else. Labour is committed to fighting for 50% renewables by 2030, and +10% for every 2 years after that.
To keep the global average temperature rise well below 2°C – in order to meet the Paris Agreement commitment and so avoid the worst effects of climate change –most known fossil fuel reserves must be kept in the ground (in the absence of widely-deployed, and still unproven, carbon capture and storage technology).
New Zealand has a significant petroleum production industry in a world still heavily reliant on oil and gas. But we and the rest of the world must nonetheless transition rapidly to renewable energy.
Renewable energy and energy efficiency make great sense economically and will reduce our greenhouse gas emissions. Huge investments are being made in renewable energy internationally with the cost of solar generation in particular dropping dramatically in the recent years. Local energy solutions with distributed generation are becoming a viable part of the renewables mix.
Labour will ensure that New Zealand is at the forefront of this renewable energy revolution and the economic, social and environmental benefits it will bring. A restored Emissions Trading Scheme (ETS) will underpin this by putting a serious price on the use of fossil fuels. See Labour’s Climate Change policy for further detail on the ETS.