Government Facing up to $5 Billion Bill over Carbon Credits, Treasury Reveals

Govt 'won't send billions offshore' for carbon credits: PM

The Prime Minister has doubled down on his insistence that the government will not spend billions of dollars offshore to meet New Zealand's climate...

Treasury Confirms $5 Billion Bill For Luxon's Climate Inaction

“New Zealanders deserve a Government who operates in reality, with real solutions to reduce emissions & the cost of living, something the Greens are proud to offer," says Green Party Co-leader Chlöe Swarbrick.

Treasury warns of $5 billion bill to meet 2030 Paris Agreement target

New modelling from Treasury shows that New Zealand could be on the hook for up to $5 billion if we were to meet our carbon reduction commitments under the Paris Agreement.

Treasury says offshore action to hit climate target could cost Kiwis $5b

The Government could face a bill of up to $5 billion if it decided to use offshore mitigation to meet an upcoming climate target, but Prime Minister...

Government facing up to $5 billion bill over carbon credits, Treasury reveals

However, Finance Minister Nicola Willis has said she doesn't want to see billions of dollars go offshore to pay for credits.

$5 billion in carbon credits – the true cost of this Government’s slavish capitulation to farmers, gutting public transport, reneging on Irex Ferries and protecting big polluters

Government facing up to $5 billion bill over carbon credits, Treasury reveals The Prime Minister has doubled down on his...