Officials look at a carbon dividend, but the cash is getting squeezed

Officials look at a carbon dividend, but the cash is getting squeezed
Officials are looking at a carbon dividend in principle, but much of climate change minister James Shaw's climate fund has already been allocated. (Image: BusinessDesk)
Officials are investigating the possibility of a carbon dividend, where revenue from the emissions trading scheme or a carbon tax gets recycled back to households.Proponents of the policy, which has been adopted in parts of Canada, argue that it helps make a higher carbon price more politically viable, as households are supported through the transition to a low-emissions economy.From a peak of more than $85, the price of a tonne of carbon, measured in tradeable New Zealand Units (NZUs), has collapsed to just over $50 on the secondary market aft...

More Policy

'There are some firms in NZ I won’t touch'
Policy

'There are some firms in NZ I won’t touch'

Adam Feeley on the reluctance to call out poor performers in NZ infrastructure sector.

Oliver Lewis 30 Jun 2025
Govt mandates high-rise zoning around key CRL stations
Policy

Govt mandates high-rise zoning around key CRL stations

Auckland Council will need to provide for building heights of at least 10-15 storeys.

Oliver Lewis 25 Jun 2025
Infrastructure Plan floats higher health, electricity spend
Policy

Infrastructure Plan floats higher health, electricity spend

Draft plan identifies priority projects and recommends transport system reform.

Oliver Lewis 25 Jun 2025
Infrastructure plan: 17 projects made it, 31 missed out
Policy

Infrastructure plan: 17 projects made it, 31 missed out

Rail, prison and ferry terminal projects excluded from infrastructure priority list.

Oliver Lewis 25 Jun 2025