The government announced today that it has
reached agreement on the framework for a Negotiated
Greenhouse Agreement (NGA) with New Zealand Aluminium
Smelters (NZAS).
Firms that obtain a NGA receive
exemptions to the carbon tax in return for moving to world's
best practice in emissions management. Firms of any size
whose international competitiveness might otherwise be at
risk from the carbon tax can apply.
“I'm pleased that
industry and the government are continuing to make progress
on tackling climate change at the same time as maintaining
the competitiveness of New Zealand business," said Convenor
of the Ministerial Group on Climate Change Pete Hodgson.
“The conclusion of the framework for agreement has been
an excellent example of cooperation between NZAS and the
government to achieve environmental outcomes and protect the
competitiveness of New Zealand industry. We look forward to
working further with the Government on this important
issue,” said NZAS Chairman Tom Campbell.
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