ACT is ditching New Zealand’s net zero target and Zero Carbon Act, arguing the current climate policy is economically damaging. Instead, they propose aligning emissions caps with major trading partners, scrapping the minimum auction price, and returning all carbon tax revenue directly to households via a “carbon tax refund.” They oppose taxing agriculture or converting farmland into carbon forests, saying long-term forest owners should shoulder those costs. ACT aims to protect jobs and local production by keeping businesses competitive, and plans to renegotiate the Paris Agreement for better outcomes.
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