Modelling the transition to a lower net emissions New Zealand
This ongoing project supports the work of the Productivity Commission’s low emissions inquiry by developing a useful and tractable model to guide its assessments of transition options, opportunities and risks. The modelling will identify the actions New Zealand might take to reduce its emissions given the range of choices in its control, recognising that some of the factors that will influence the desirability of those choices are outside of its control.
Modelling the transition to a lower net emissions New Zealand examines the impacts of decision making under uncertainty by considering how different decisions impact outcomes of interest, such as economic activity and greenhouse gas emissions, under uncertain future states of the world. To do so this project brings together outputs from Concept Consulting’s Energy in New Zealand Model and Motu Economic and Public Policy Research’s Land Use in Rural New Zealand models. Vivid Economics are responsible for developing the modelled scenarios, interpreting model outputs and drafting the final report.