33040 (2026). Steve Abel to the Minister for Economic Growth

33040 (2026). Steve Abel to the Minister for Economic Growth: What companies, if any, have sought Government assistance in relation to the Emissions Trading Scheme compliance costs during this Parliamentary term?

Hon Nicola Willis: Several firms, such as Fletcher Building, Ballance, NZ Steel and Whakatane Mill have raised unique concerns regarding ETS industrial allocation settings, including that ETS industrial allocation settings may discourage their investments in emissions reductions, which would help firms manage their future ETS costs. The Government is addressing the disincentive issue in the recently introduced Climate Change Response Amendment Bill.