Bill to come on free allocation of NZUs
15 Aug 2022
 |
| NZ Steel is currently the biggest single recipient of free NZUs. |
By Ian Llewellyn - Energy & Environment
THE government intends to introduce a bill by the end of the year to reset the industrial allocation under the Emissions Trading Scheme and reduce what it assesses as a $60 million over allocation.
A Cabinet paper on the decision said the change would take two years to come into effect, giving industries time to make changes.
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