Subsidising pollution in a climate crisis doesn't make sense

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When we all play our part in cutting climate pollution, then we can get further together, faster. But as cyclones and floods devastate communities across Aotearoa, the people in government are allowing large multinationals to have a free pass to pollute.

It’s time to end free carbon credits to cut emissions and unlock green jobs for Aotearoa's industrial future.

1. End free carbon credits

Multinationals like Rio Tinto and Methanex are part of a select few corporations who produce 10% of Aoteroa’s climate pollution and get a $600 million/year subsidy to offset their emissions.

We’re calling for an accelerated phase out of free industrial allocation in the Emissions Trading Scheme to end free credits by 2030.

2. Cut pollution

With the right type of government support, the technology is there for industries like steel, concrete and aluminium to transition.

We want funds generated from ending free credits to contribute to the upfront costs of decarbonising emissions intensive industries (in the form of loans or in return for equity stakes).

3. Unlock green jobs

We can accelerate emissions reductions and ensure every sector is taking responsibility for its pollution while growing good, green jobs.

We want the government to protect jobs with a Carbon Border Mechanism (like the EU is introducing), green infrastructure investment via a Ministry of Green Works or Public procurement, and fund a just transition for any affected workers.

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