By Catherine Leining, Policy Fellow at Motu Economic and Public Policy Research.
StatsNZ’s first report on New Zealand’s Environmental and Economic Accounts finds evidence this decoupling of our economic growth and emissions is occurring. Over 1990-2015, New Zealand’s economy grew by an average of 3.1% per year while GHG emissions increased 0.9% per year. This means that, over that 25 year period, the economy’s GHG intensity declined by an average of 2.2% per year. That shows progress, but it is not enough.