Recently, the New Zealand Government has publicly unveiled its first emission reduction plan in line with its commitment to be carbon neutral by 2050.
New Zealand’s Minister for Climate Change, James Shaw, said that the plan would help the country’s transportation, energy, agriculture, etc. announced that it will help reduce greenhouse gases in various sectors such as
Therefore, the Government plans to put forward a wide range of ideas that will enable carbon reduction and help create more employment opportunities.
For this, it invites various businesses, unions, Moari and local communities to propose new measures by 24 November.
With this overview, let’s quickly get to know five popular NZ energy stocks that will pave the way for the country’s reduced emissions.
Based in Wellington, the leading electricity producer across Kiwiland is Meridian Energy Limited. The company recently announced that it has granted equity stakes to several selected Meridian employees in relation to the Executive LTI Program.
The granting of such rights will likely take place on October 21.
On October 15, Meridian Energy fell 0.71% to NZ$4,865 at the time of writing.
Trustpower Limited, operating as the nation’s leading gas, electricity and internet company. The Company has informed all its stakeholders of the permission granted by the Trade Commission to Mercury NZ Limited to purchase TPW’s business.