Firstgas decarbonisation plan shows transition in action
Firstgas鈥檚 plan to decarbonise its gas network in New Zealand has been welcomed by 天美直播
鈥淭his is a great example of the energy resources sector leading the transition to lower emissions, and the importance of retaining and supporting the country's gas infrastructure,鈥� says Energy Resources鈥� chief executive John Carnegie.
聽鈥淚t is a perfect demonstration of how the ETS works. By putting a price on emissions, it encourages industries to develop new technological innovations like this.
鈥淚t clearly shows why we don鈥檛 need hands-on Government interventions like bans, and in fact how destructive they can be.
聽鈥淭he Climate Change Commission鈥檚 proposed ban on new gas connections from 2025 would undermine this plan, given Firstgas intends to use the existing gas infrastructure for blended gas from 2030 onwards before switching to 100% hydrogen by 2050.
聽鈥淜eeping our options open rather than closing them off will help the transition be much less costly and inconvenient for New Zealanders.鈥澛�