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6 Jul 2020 7:58
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  •   Home > News > Business

    New Zealand risks losing export businesses offshore, if the Government moves too fast with changes to the Emissions Trading Scheme

    New Zealand risks losing export businesses offshore, if the Government moves too fast with changes to the Emissions Trading Scheme


    The Petroleum Exploration and Production Association has put out the warning after fresh reforms to the ETS, including a new cap for greenhouse gases.

    Chief executive John Carnegie says the group broadly supports the changes and the goal of lowering emissions.

    But he says they need to be calibrated with measures being made by our trading competitors.

    Carnegie says companies might move to countries with less strict rules if New Zealand acts in isolation.

    © 2020 Newstalk ZB, NZCity


     Other Business News
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     03 Jul: More funding has been announced for the arts sector ..
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     03 Jul: It's the coldest morning of the year for many parts of the country
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     Today's News

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    NRL great Brad Fittler has issued advice to Brisbane players who he believes must find a way to ignore outside noise if they're to end a six-game losing streak which includes Saturday's defeat to the Warriors 7:46

    Netball:
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    Christchurch:
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    Basketball:
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    Politics:
    And Jacinda Ardern announced a five-step plan to tackle the economic fallout from Covid-19 - which includes investing in people, creating jobs - and positioning New Zealand on the world stage 5:16

    Law and Order:
    The woman who absconded from an Auckland managed isolation facility will face a charge of breaching the Covid-19 Public Health Response Act 4:56

    Law and Order:
    Police are warning a teenager on the run is dangerous and should not be approached 21:17

    Entertainment:
    Orlando Bloom can't wait for "very late nights" with his newborn 19:57

    Entertainment:
    Kylie Jenner has got a tattoo dedicated to her daughter 19:27


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