Grow to zero
At Powerco, we believe New Zealand’s abundant renewable energy resources present a unique opportunity to gain a competitive economic advantage. Our recent white paper, ‘Grow to zero’, emphasises the need for ambitious action to harness this potential. By leveraging our clean energy potential, we can help withstand climate change while fostering economic growth.
New Zealand’s significant endowment of renewable energy resources allows us to produce goods and services with low emissions, making us an attractive destination for global investment. By expanding existing industries and attracting new ones, we can maintain our competitive edge and support a robust economy.
To achieve this, we call for a clear energy strategy that supports the transition to net-zero by 2050. Stable policy settings are essential to encourage investment and innovation in the clean energy sector. By acting now, New Zealand can lead the way in helping reduce global emissions and meeting international targets, ensuring a sustainable and prosperous future for all.