news & issues

Businesses should be responsible for greenhouse gas emissions arising as a result of their direct activities - within the context of the New Zealand Emissions Trading Scheme.

The NZETS provides some protection of emissions-intensive, trade-exposed businesses who would otherwise face unfair competition from countries with little or no price on carbon. These protections are being removed.

In the context of weak international action on climate change, NZ should not take a leading role on the global climate change response, although we should certainly be advocating in the UN for a stronger response. Unless there are regional or global carbon prices of significance, NZ should not force businesses to pay more for greenhouse gas emissions than our trading partners and competitors in other countries. Around the world, more work is being done to improve the environmental impacts of coal use as very cost-effective process heat in industrial processes, for example:

  • improving boiler efficiency

  • improving the efficiency of coal-fired power stations

  • exploring alternatives to the use of coal in steel-making

  • ongoing R & D into carbon capture and storage.