A presentation to Aotearoa Wave and Tidal Energy Association (AWATEA).
The options for mitigation are many and varied. Understanding the climate implications of any action is really hard. Only private actors really know what can be done and what costs are.
Price based instruments can facilitate action by the willing by reducing financial barriers, provide an incentive to the reluctant to act – or get them to fund other action, and provide accurate signals of the actual GHG cost of different activities.