Industry (not including synthetic gases)
The emissions trading scheme covers:
- carbon dioxide from producing iron, steel, aluminium, clinker, burnt lime, glass, gold and paper, plus ammonia and urea
- PFCs from producing aluminium
The company that produces the metals, mineral and chemical transformations detailed above, and therefore emits the gases, will be the participant. Participants will be required to report their greenhouse gas emissions from 1 January 2010. They will need to submit their first emissions return by 31 March 2011 for the period 1 January 2010 to 31 December 2010.
The government will compensate trade-exposed, emissions-intensive firms by allocating some free emission units to them that they can use to offset their obligation.
Regulations setting out data collection and emissions calculation requirements for the industrial processes sector to comply with reporting obligations under the NZ ETS have been finalised. Reporting obligations commence on 1 January 2010.
A guide for stationary energy and industrial processes participants in the NZ ETS (Ministry for the Environment website)
ETS Bulletin 13 – Explanatory note: Climate Change (Stationary Energy and Industrial Processes) Regulations 2009
More information on registering as a participant is available at the New Zealand Emissions Unit Register.
Last updated: 30 September 2009