New heavy industry should not get ETS protection, says Upton

Fri, 14 Feb 2020

New Zealand is not an industrial economy and should resist offering support to new emissions-intensive businesses keen to establish here to take advantage of the country’s renewable energy resources, the Parliamentary Commissioner for the Environment says.Under the emissions trading scheme, a firm wanting to establish some new activity – for example a nickel smelter - would be able to seek a free allocation of emission credits from the government if it could show it was threatened by overseas rivals, commissioner Simon Upton told MPs at a selec...

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