Phasing out fossil fuels in process heatLast updated: May 20, 2021
Phasing out fossil fuels in process heat
Published: May 20, 2021
Issue for Business: Submission by BusinessNZ and ManufacturingNZ To Ministry for the Envrionment Objectives of the proposal are to 1. achieve national consistency and certainty in the management of industrial emissions and 2. reduce industrial emissions and support New Zealand's transition to a low emissions economy. Any changes must be considered in their wider context. We prefer ETS as primary mechanism to reduce emissions. Will add cost to business, chill investment and may cause other unintended consequences.
Action: The BusinessNZ Energy Council submitted on this issue. We welcomed the engagement on this important issue broadly supporting the approach as realistic.