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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Opinion
5 mins to read

Emissions trading scheme best route for government to divest

Initiative Matters: Government plans to ditch fossil fuel stocks unlikely to affect greenhouse gas emissions.

Eric Crampton
Sun, 08 Mar 2020

The government has crossed a bright-line rule in its proposed changes to KiwiSaver.

Its proposal to require default funds to divest of any fossil fuel stocks is incredibly unlikely to have any direct effect on greenhouse gas emissions. 

To the extent it does, it will only be by reducing

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Eric Crampton
Sun, 08 Mar 2020
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Emissions trading scheme best route for government to divest
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