Market Closed

20 Mar 2026 09:09:09

Iran oil crisis: why NZ’s car dependence is now a strategic liability

Posted: 18 Mar 2026

New Zealand generates more than 85% of its electricity from renewable sources – rising to a record 96.4% in the last quarter of 2025. It has one of the cleanest and most oil-independent electricity systems in the world.

Yet transport, which consumes nearly 40% of all energy in the country, remains almost entirely chained to imported oil. Electricity provides just 0.5% of domestic transport energy. It didn’t have to be that way.

Read more on The Conversation.