New Zealand: Progress in the Pacific
Ambitious targets on emissions must be met alongside economic growth
Earlier this year, net migration to New Zealand hit a record high, according to some estimates. The fast pace of economic expansion, not to mention some breathtaking scenery and a purported laid-back island lifestyle have all made the Pacific country desirable for incomers. But while net migration of more than 70,000 people per year hints at the success story of economic growth at almost 3% annually, to a GDP of $185bn last year, New Zealand has some challenges ahead in its energy sector. A Paris agreement target of reducing emissions by 30% by 2030 compared with 2005 levels is "ambitious", admits John Carnegie, secretary of the World Energy Council's New Zealand committee and executive dire
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026






