Newstalk ZB: Dr Eric Crampton on the cement subsidy and flawed ETS allocations
Dr Eric Crampton
20 July, 2026
Dr Eric Crampton talked to Heather Du Plessis-Allan on Newstalk ZB about the government's $60 million payment to keep Golden Bay Cement's Northland plant open, which he described as a one-off that leaves the underlying problem in the Emissions Trading Scheme unresolved.
Dr Crampton argued the scheme's industrial allocations are poorly designed for cement, and that setting them properly, whether by allocating credits that track how carbon intensive production is overseas or by applying a carbon border charge on imports, would remove the need for payments like this one. Listen below.