The New Zealand Government supports the global uptake of CCS internationally, especially by large carbon dioxide (CO2) emitters, because we view it as a potentially significant climate change mitigation technology.
The rationale for adopting CCS in New Zealand is different from many other countries, because we have relatively few large point sources of CO2 emissions and a far higher renewable contribution to electricity generation. In 2014, 79.9% of electricity generation in New Zealand came from renewable resources (the fourth highest in the OECD). This means that CCS has limited potential to help New Zealand mitigate current carbon emissions. However, the possibility of using CCS within New Zealand may help maintain flexibility in the future use of our energy resources for economic development.