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New Zealand announces biggest emissions reduction project in history

by admineconai May 22, 2023
written by admineconai May 22, 2023
639

New Zealand has announced what is said to be the country’s largest emissions reduction project in history, transitioning from coal to renewable electricity at the country’s major steel plant in a move that the government says is equivalent to taking 300,000 cars off the road.

Recall that In April, the Climate Commission warned that the country’s heavy reliance on planting trees to offset carbon pollution threatened to torpedo its ambitious plans to reach net zero emissions by 2050. Achieving a net reduction in emissions primarily through planting trees is impossible to sustain in the long term, experts have warned, as forests could be destroyed though fire or extreme weather and do not store carbon for ever.

According to reports, the government expected to spend $140m on halving the coal used at Glenbrook steel plant to recycle scrap steel, replacing that generating power with an electric-powered furnace. The plant will contribute $160m to the project’s cost.

Currently, the steel company accounts for 2% of New Zealand’s total emissions, through intensive burning of coal to melt down iron-rich sands into steel products. The new project will install a $300m electric-powered arc furnace to melt down scrap steel instead. That electricity will be provided by renewable energy through New Zealand’s national grid, which is primarily powered by wind, hydro and geothermal energy.

In his reaction, Prime minister Chris Hipkins said that the project “dwarfs anything we have done to date”.

Read also: Govt urges stakeholders to adopt low emission strategy

“This size of this project demonstrates how serious the government is about reducing New Zealand’s emissions as fast as possible,” he was quoted as saying. “Alone, it will eliminate 1% of the country’s total annual emissions.”

The government also said that the plan will reduce New Zealand’s emissions by 800,000 tonnes annually. That is equivalent to removing the entire automobile fleet of Christchurch, one of New Zealand’s largest cities, from the road.

“To understand the scale of this project, it reduces more emissions on its own than all the other 66 [government-funded emissions-reduction] projects we have approved to date,” Megan Woods, minister of energy and resources said. The electric-powered furnace is due to be running by 2026-7.

On his part, Climate change expert prof James Renwick, of Victoria University said that the project was “very significant” and “big news” for the country’s emissions goals. “It will be the biggest single reduction in national emissions when it comes into play,” he said. Still, Renwick added, there was “more work to do”.

“1% is of national emissions is great, but we need to reduce 100%,” he said. “We need to do a lot more work.”

The latest plan marks a significant step in New Zealand actually reducing its greenhouse gas emissions – as opposed to buying offsets of tree-planting to reach net zero.

Story was adapted from the Guardian.

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