Concrete: govt eyes carbon border tax

Concrete: govt eyes carbon border tax
The government is wrestling with the issue of concrete imports and carbon prices when it considers climate change policy. (Image: Depositphotos)
Ian Llewellyn
The government is considering how a carbon border tax system might work if it were applied to concrete imports.This week’s Emissions Reduction Plan (ERP) outlines work on how the Emission Trading Scheme (ETS) could be fine-tuned to reduce emissions.This includes ongoing work on how free carbon credits are allocated to industries that are high greenhouse gas emitters but face international competition from those who do not face the same carbon costs. These are known as emissions-intensive/trade-exposed (EITE) companies.Under the scheme, EI...

More Economy

Macron's very un-French business revolution
Economy

Macron's very un-French business revolution

Outsider CEOs and entrepreneurs are shaking up the Paris billionaires’ club.

Bloomberg 27 Apr 2024
R&D spending lifts as businesses look to tap new markets
Economy

R&D spending lifts as businesses look to tap new markets

The average expenditure per business rose 20% in a year.

Rebecca Howard 26 Apr 2024
Consumers more downbeat, confidence survey finds
Economy

Consumers more downbeat, confidence survey finds

The rating in the latest ANZ-Roy Morgan opinion poll fell 4 points to 82.1.

Staff reporters 26 Apr 2024
RBNZ's inflation target conundrum
Economy

Cameron Bagrie: RBNZ's inflation target conundrum

A debate is pending on the inflation target as economic pain rises.

Cameron Bagrie 25 Apr 2024