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New Zealand report says ending gas use would raise costs by $1B, hinder climate goals, and strain households.
A New Zealand report warns that shutting down the gas network to accelerate electrification would raise household and business energy costs by $1 billion over 25 years, with little realistic chance of making the switch economically viable.
While it could cut emissions by 36 million tonnes by 2050, the cost exceeds current carbon pricing, and without sufficient wind power, coal could fill the gap, undermining climate goals.
Experts argue keeping the gas network supports reliability, enables future use of clean gas like biomethane and hydrogen, and offers a more affordable path amid ongoing cost-of-living pressures.
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El informe de Nueva Zelanda dice que acabar con el uso de gas aumentaría los costos en $ 1B, obstaculizaría los objetivos climáticos y estresaría a los hogares.