Finance Minister Nicola Willis and Climate Change Minister Simon Watts. Photo: RNZ / Samuel Rillstone
Finance Minister Nicola Willis and Climate Change Minister Simon Watts are meeting with their Australian counterparts in Auckland to discuss energy security and affordability.
It is the third such trans-Tasman meeting, with a focus on strengthening cooperation on climate action, clean energy and related regulations.
In a joint statement, Australia's Treasurer Jim Chalmers and Climate Change Minister Chris Bowen said both countries were working together to seize "the golden economic opportunities of the net zero transformation".
"Delivering on our shared commitment to net zero is critical for investor certainty, cheaper, cleaner energy in our region and advancing climate action across the Pacific."
Earlier this week, Willis cast fresh doubt on whether New Zealand would pay for the offshore carbon credits it needed to meet its 2030 promise to halve greenhouse gas emissions.
It was not in New Zealand's best interests "to send cheques for billions of dollars offshore", she told reporters.
"That's not our priority."
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