WELLINGTON: The New Zealand government is working with industries to cut Reliance on fossil fuels and reduce carbon emissions, said the Minister of Energy and Resources Megan Woods , today, April 20.
Endeavors have been made to stop burning fossil fuels, resulting in the equal of taking 14,200 cars off the road, International media quoted Megan Woods as saying.
About one-fourth of all emissions related to energy in New Zealand are produced by industrial energy, such as coal boilers. Working with companies to reduce their emissions is an effective, practical strategy, according to Woods.
Megan Woods announced the latest round of the Government Investment in Decarbonizing Industry (GIDI) Fund, the first emissions reduction programme launched by the New Zealand government, and said the government is collaborating with 15 more high energy-using companies to help them lessen their reliance on fossil fuels and speed up carbon reduction.
Companies may dramatically reduce their carbon footprint and meet their climate targets faster by focusing on the activities that produce the highest emissions, she added.
"This fund demonstrates that decarbonization is possible without requiring economic deindustrialization. With the added benefit of using renewable energy, businesses are still manufacturing the same goods, said Megan Woods.
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