Press Release – Fossil Fuels Aotearoa Research Network CCC Report: Implications for the Petroleum Industry and NZ Dr Terrence Loomis, Coordinator Fossil Fuels Aotearoa Research Network (FFARN) 3 February 2021 The Commission has generated a projected path, based on scientific evidence, to achieve New Zealand … CCC Report: Implications for the Petroleum Industry and NZ Dr Terrence Loomis, Coordinator 3 February 2021 The Commission has generated a projected path, based on scientific evidence, to achieve New Zealand emission reduction targets by 2050 and steps for each sector with targets to 2035. A number of measures toward ending our reliance on fossil fuels are spelled out in the report. Unfortunately, the overall energy transition process envisioned is too long and piecemeal, and may not be bold enough to make a significant difference to slowing climate warming to 2C and more.