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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Govt sinks talk of border carbon tax

Clipping a carbon tax on ‘dirty’ concrete or steel not on the table as Government looks to offshore manufacture.

Building and Construction Minister Chris Penk.

Key points
  • What’s at stake: Green Building Council sees the border carbon tax as one of several levers to help NZ meet its net zero carbon emissions goal by 2050.
  • Background: Use of lower carbon products for builds might result in a 10% improvement in emissions, but Minister sticks to his guns on building materials cost inflation, despite concerns over dirty steel, concrete or other imports.
  • Main players: Green Building Council, Sam Archer, Building and Construction Minister Chris Penk, MBIE, Thinkstep-anz, Jeff Vickers. 

 

 

 

 

Government has poured cold water on the idea of clipping a border carbon tax on imported building materials, as it takes aim at offshore manufacture of building supplies. 

The tax, mooted by the New Zealand Green Building Council (NZGBC) advocacy group, is aimed at curbing carbon ‘leakage’, as a

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Brent Melville Fri, 10 May 2024
Contact the Writer: bmelville@nbr.co.nz
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Key points
  • What’s at stake: Green Building Council sees the border carbon tax as one of several levers to help NZ meet its net zero carbon emissions goal by 2050.
  • Background: Use of lower carbon products for builds might result in a 10% improvement in emissions, but Minister sticks to his guns on building materials cost inflation, despite concerns over dirty steel, concrete or other imports.
  • Main players: Green Building Council, Sam Archer, Building and Construction Minister Chris Penk, MBIE, Thinkstep-anz, Jeff Vickers. 

 

 

 

 

Govt sinks talk of border carbon tax
General Business,
103985
true