Article by John Carnegie on what the New Zealand government’s proposed changes to its emissions trading scheme mean for the country’s businesses.
Energy & Infrastructure
Banning industrial CERs will result in increased costs for all says BusinessNZ
The Government’s announcement that it is banning industrial gas certified emission reduction units (CERs) from being purchased in NZ will potentially have a serious knock-on effect to the costs felt by businesses and households, says BusinessNZ Chief Executive, Phil O’Reilly.
Price floor for carbon not good for NZ
Restricting prices at the lower end of the carbon market would be self-defeating, says BusinessNZ.
Slower ETS welcome but not enough
The slower introduction of the full effects of the ETS is welcome but National’s Environment and Climate Change Policy announced today would impose too much additional cost on businesses and households, says BusinessNZ Chief Executive, Phil O’Reilly.
Carbon cost issues still a concernpositive light
Slowing down the implementation of New Zealand’s emissions trading scheme would be a good move, says BusinessNZ.
Energy strategies balanced, forward-looking
National strategies released today for energy and energy efficiency show a balanced approach, says BusinessNZ.
NZ & Australian carbon schemes not apples with apples
Opinion piece by Phil O’Reilly, CEO BusinessNZ and John Carnegie, Manager Energy, Environment & Infrastructure
Caution needed in reacting to Australia’s carbon policy
BusinessNZ is today releasing a report exposing reasons for exercising caution in making assessments about the relative stringency of Australia’s carbon pricing policy versus the NZ ETS.
Pre-work valuable for infrastructure planning
The latest National Infrastructure Plan does not yet help businesses see where they can best invest, but it does indicate significant preparation towards this in the future, says BusinessNZ.
Need to ensure vibrant electricity market
The Electricity Authority’s proposed conclusion that an undesirable trading situation (UTS) took place on 26 March, sends a clear signal to the market about expectations of appropriate trading behaviour, says BusinessNZ Chief Executive Phil O’Reilly.
Lack of global market hampers New Zealand’s emissions trading scheme
New Zealand’s emissions trading scheme would be fit for purpose if there was a deep and liquid global carbon market, but the existence of such a market is increasingly unlikely in the medium term, says BusinessNZ.
Private sector supports rebirth of strong Canterbury
Today’s announcement by Government outlining a $2.5 million funding package for business is welcomed by business.