4 Jul 2025 16:18:53
Posted: 10 Jun 2022
Oil consumption – as recorded by the Ministry of Business, Innovation and Employment – plummeted after the country went into lockdown in March 2020. With Covid initially eliminated, oil usage had nearly returned to pre-pandemic levels by the end of that year.
But since then, demand has eased. If this trend holds, the country may have passed “peak oil”, a major climate milestone.
There’s also positive news for the electricity grid: the amount of coal burned in power units has fallen significantly, according to ministry data.
Read more on Stuff.