Treasury remains keen on pricing on-farm emissions
National and Act would scrap the decarbonising industry fund – but a report obtained by NBR under the OIA found emissions-intensive, trade-exposed firms supported the fund and wanted it to go further.
National and Act would stop providing subsidies for firms to decarbonise their industrial heating processes.
While the National Party proposes to scrap subsidising businesses to reduce their emissions, high emitting firms want to see more government money supporting industry decarbonisation.
Both National and Act have said they would dump the Government Investment in Decarbonising Industry Fund (GIDI),
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