14 September 2005
Milestone reached with greenhouse gas agreement
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.
ENDS