Occasional Paper 04: Bioenergy strategy carbon dioxide savings, February 2011

The Government’s 50:50 proposal aims to reduce net CO2e emissions by 31 million tonnes annually by 2050. It is estimated that the New Zealand Bioenergy Strategy could deliver by 2040 biofuels which could provide nearly 40% of the greenhouse gas emissions needed. Transport using biofuels would provide most of the estimated CO2e savings at just under 11 million tonnes per year or 35% of the total required. The Bioenergy Strategy appears to provide similar greenhouse gas reductions to MED’s Energy Outlook 2009/2010 “Changing Gear” high uptake scenario.

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