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Businesses reluctant to factor in carbon prices

Thursday 9 Aug 18 9:00am

Processed heat is responsible for 9 per cent of†our greenhouse gas emissions

CARBON PRICES†rarely influence businessesí decisions to install energy-efficient plant, according to a new report examining the marketís failure to drive down greenhouse gas emissions in the energy sector.

The processed heat sector is responsible for 9 per cent of New Zealandís greenhouse gas emissions, with 60 per cent of processed heat used in industries coming from the burning of fossil fuels.

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Related Topics: Carbon prices | Emissions trading | Energy | ETS

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