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, 2021, 2022b). While various international studies have examined the effectiveness of carbon pricing, its impact in New Zealand remains unexplored. Our recent report draws on the latest available data to investigate how carbon pricing affects emissions across New Zealand industries.