Organisation

Centre for Research on Energy and Clean Air

Finland-based research centre

New Zealand hit by fourth-largest fuel cost increase globally, per capita data shows

Economists point to high car ownership and import reliance as factors

New Zealand is experiencing the fourth-largest increase in fuel costs in the world on a per capita basis, new data from the Centre for Research on Energy and Clean Air shows. The global oil price shock this year has added US$468 billion (NZ$833b) to the world's fuel bill, with the United States, Canada and Australia ahead of New Zealand in total impact.

29 Oct 2026

World

China's record clean energy exports projected to avert 24% of global CO2 emissions

China is exporting a record amount of clean energy technology and equipment, and once installed or deployed, these 2026 exports will likely avert emissions of about 450 million metric tons of carbon dioxide per year, roughly equal to Brazil’s annual emissions, according to a report released Thursday by the Finland-based Centre for Research on Energy and Clean Air (CREA). The analysis estimates that if current export trends continue for the rest of the year, about 8,400 million metric tons of carbon dioxide will be averted over the lifetime of all the clean tech China exported this year, equivalent to about 24% of annual global emissions, more than the United States’ and India’s emissions combined.

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