NZ changes ETS rules to give oil refinery millions of dollars worth of free CO2 permits

Published 11:49 on April 22, 2020  /  Last updated at 23:45 on April 22, 2020  /  Asia Pacific, New Zealand  /  No Comments

New Zealand has changed its ETS regulations to ensure Refining NZ qualifies to get most of its carbon permits for free when it joins the scheme in 2023, according to newly-released cabinet papers.

New Zealand has changed its ETS regulations to ensure Refining NZ qualifies to get most of its carbon permits for free when it joins the scheme in 2023, according to newly-released cabinet papers.

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