New Zealand: Golden Bay Cement says that proposed changes to New Zealand's emissions trading scheme (ETS) would force it to review the viability of cement production at its 0.9Mt/yr Portland cement plant in Whangārei, Northland. The Northern Advocate newspaper has reported that the government proposes to reduce the number of ETS credits available to industrial enterprises under free allocation from 2024.Since the scheme's introduction in 2008, highly emissions-intensive businesses such as Golden Bay Cement have enjoyed 90% free allocation of ETS credits for their emissions.
