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Eric Crampton on Muck Rack

Eric Crampton

Wellington
As seen in: Offsetting Behaviour, The National Business Review, The New Zealand Initiative, Cambridge University Press & Assessment, Manawatū Standard, Stuff.co.nz, The Marlborough Express, The Nelson Mail, The Southland Times, The Timaru Herald, Cooking the Books with Frances Cook, New Zealand Herald, Today in Business (Podcast) and
Chief Economist at the NZ Initiative. Adjunct Senior Fellow, Economics, @ucnz.
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Articles

Just fix industrial allocations

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By Eric Crampton
| Offsetting Behaviour
New Zealand's Emissions Trading Scheme includes industrial allocations of carbon credits aimed at avoiding inefficient carbon leakage. But the formula is wrong. Imagine that you're a domestic firm producing stuff that generates CO2 emissions. You correctly have to surrender NZU - one for each tonne of emissions. But if competitors in foreign markets do not face a carbon charge, there's a problem.
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Let them build: electricity and datacentres edition

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By Eric Crampton
| Offsetting Behaviour
New Zealand's electricity companies know how to stick a pipe into the ground in the Taupo Volcanic Zone and generate electricity. They've been doing it for decades, and there is enormous untapped potential. America's hyperscalers are currently willing to pay a large premium for immediacy. They are sticking expensive off-grid generators beside datacentres that would have to wait years for a connection.
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Better urban planning

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By Eric Crampton
| The New Zealand Initiative
Oliver asked me to make the case for the government’s resource management legislation. It should be read in conjunction with Nick Clark’s critique below. I share his concerns, and I expect he’d share some of my hopes. Under a supportive Minister like Hon Bishop or Hon Twyford, the legislation would enable a more liberal approach to housing and development. For ages, urban planning has treated competition as though it is a swear word.
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