Tagged: offshore oil and gas

Carbon emissions and the Taranaki ban - The Dismal Science

Eric Crampton Sep 28, 2018

MBIE’s advice on Labour’s ban on Taranaki oil and gas exploration suggested that global emissions could go up. Could that happen? It depends on what you think’s going on in the rest of the world. Suppose that the whole world were under a binding emissions cap under a global cap and trade regime. If New Zealand produced less natural … Read More