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Articles

The impact of carbon pricing on businesses and communities

Under the Paris Agreement, to fulfil its international obligation to reduce greenhouse gas emissions, the New Zealand Government has identified carbon pricing as an important tool for achieving the targets set in the Emission Reduction Plan (Ministry for the Environment,...

Knowledge Hub

The impact of carbon pricing on businesses and communities

Under the Paris Agreement, to fulfil its international obligation to reduce greenhouse gas emissions, the New Zealand Government has identified carbon pricing as an important tool for achieving the targets set in the Emission Reduction Plan (Ministry for the Environment,...

Publications

Moving towards value-based local road valuation. Principal Economics Insight Article 2410.

This article identifies and evaluates possible methodologies for estimating the capital value of New Zealand’s local road network. Local councils and central government agencies could use the findings to address the current inconsistencies in valuation approaches and enable better-informed decision-making...

Publications

Economic Impact of New Zealand’s Second Emission Reduction Plan

The Emissions Reduction Plan 2 (ERP2) delineates Aotearoa New Zealand's strategy to attain its emissions reduction objectives for the 2026-2030 period, alongside setting a path towards achieving long-term emissions reduction objectives. ERP2 aims to reduce annual average emissions from 72.5...

Offshore wind

Publications

Affordable offshore wind will accelerate our clean electricity future

Offshore renewable energy is an option that is being considered as contributing to Aotearoa New Zealand’s goal of reach net-zero for long-lived gases by 2050. The government has set a target that 50 per cent of total energy consumption will...

Publications

Can New Zealanders reduce transport emissions?

Getting people in cities to switch their cars for public transport may not be enough for New Zealand to meet its emission-reduction targets. A combination of pricing and behavioural policies may be required to encourage mode shift. This will be...

Publications

Business Development Capacity Assessment for Dunedin City

Dunedin City Council appointed Principal Economics to provide a comprehensive assessment of the sufficiency in development capacity of business land within Dunedin to fulfils requirements of the the National Policy Statement on Urban Development (NPS-UD 2020), including an investigation of:...

Publications

Review of Housing and Business Development Capacity Assessments 2021

The Ministry for the Environment (MfE) appointed Principal Economics to review the Housing and Business Development Capacity Assessments HBAs). Our review included all councils’ HBAs, except for Rotorua and Wellington, which were not available at the time of this review....

Resource Management act reform

Publications

Reforms to the resource management system

This report examines the expected costs and benefits of the reforms. Changes are currently articulated mainly as broad principles and high-level descriptions of the institutional arrangements. Much of the detail is still to be developed, and the benefits of the...

Climate change adaptation and investment decision making

Publications

Climate change adaptation and investment decision making

Avoid costly delays in decision-making. For deep uncertainty, plan ahead, start small, and keep monitoring. Climate is beginning to exacerbate extreme “one-in-100-year” events. Our knowledge of the likelihood of these large-impact events happening in shorter intervals is limited. Adaptive Decision-Making...

CBA transport equity

Publications

Incorporating distributional impacts (equity) into the CBA framework

  Transportation decisions can have large and varied impacts on travellers and their communities. It’s important to measure these effects and consider their impact on various groups when planning projects. Waka Kotahi uses a framework to decide which transport projects...

Cost of delays in decisions

Publications

Great decisions are timely: Benefits from more efficient infrastructure investment decision-making

  Aotearoa New Zealand suffers from an infrastructure deficit. Without the key infrastructure needed now for our economy to thrive, we deprive future generations from significant economic prosperity. While transformational infrastructure projects necessitate time to be developed into sound technical...