With the Paris climate change conference on we’ve been talking about the Government’s relatively weak emissions reduction target. They have justified this on the basis that this target will cost New Zealand more, but over this week we have seen how those costs have been exaggerated, how their tactics are cheating based on our previous lack of action and how even if we believe the Government’s costings they pale in comparison to other challenges.

During the discussion, some people have asked what we think a “fair” target would be, and this Whiteboard Friday is our response.

About the Author

Gareth Morgan

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Gareth Morgan is a New Zealand economist and commentator on public policy who in previous lives has been in business as an economic consultant, funds manager, and professional company director. He is also a motorcycle adventurer and philanthropist. Gareth and his wife Joanne have a charitable foundation, the Morgan Foundation, which has three main stands of philanthropic endeavour – public interest research, conservation and social investment.