It had been four years since our family of three had last visited home here and so we were eager to hit the streets and relish the familiarity. We were filled with dismay and somewhat taken aback as not one single eatery was open to serve. Not even a hole-in-the-wall cafe! The pandemic, we learnt, had scathed the local economy, forcing small shop owners and restaurants to shut shop out of fear of the soaring Covid cases, equally fast-rising crime rate, in the absence of tourists, and residents who now prefer to stay-in more than ever before.
However, the New Zealand government has a plan. Renewable energy will play a key role in the country's Covid-19 economic recovery. Roughly 84 per cent of the electricity in New Zealand is already produced from renewable sources. But New Zealand's goal is to have 100 per cent renewable energy by 2030. Additionally, the country hopes to have net-zero carbon emissions by 2050. Now the Labour Party-led government in New Zealand sees the pandemic as an opportunity to invest in more renewable energy in order to create more jobs. The Labour Party plans to develop more high-skill jobs that need expertise in developing renewable energy infrastructure and believes this will immediately boost the Covid hit economy, reduce electricity bills, benefiting New Zealanders living in challenging economic conditions, who have lost the most in the pandemic, and also help the country prepare for the future. It is estimated that renewable energy could create almost NZ$165 trillion in global GDP gains by 2050.
Denne historien er fra July 02, 2022-utgaven av Businessworld India.
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Denne historien er fra July 02, 2022-utgaven av Businessworld India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.
And the Nobel Prize Goes to AI
The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.
Ola Electrified
Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.
Sharp Slide in Industrial Output on Eve of Deepavali
India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.
Heralding the Solar Era with Sustainable Electrification
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A WELL-GREASED MACHINE
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DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
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Disruption Ahead: Beyond Organisation Charts and Structures
ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
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