As of July 2024, it is projected to miss that budget by around 17 million tonnes. But 1.4 million of those rely on unproven carbon capture and storage and 2.7 million tonnes relies on things that were probably going to happen anyway. And the much derided clean car discount was estimated to save 1.2 million tonnes of CO2 a year which is 7.2 million tonnes over the period. Eloise Gibson describes how much worse in this passage:According to government projections, NZ is on track to be 6 million tonnes under budget from 2022-5, 2 million tonnes under budget from 2026-2030 but 17 million tonnes over budget in 2031 to 2035. For 2030-2035 emissions will be higher by 24 million tonnes higher than estimated a year ago under Labour, and 17 million tonnes over budget.
