Ryan Bridge: Hipkins' cement tariff idea highlights NZ's big carbon problem

Ryan Bridge: Hipkins' cement tariff idea highlights NZ's big carbon problem <!--mynz:youtube-chapters--> {"v":1,"chapters":[{"timeSeconds":0,"label":"Ryan Bridge discusses carbon tariff idea","summary":"Ryan Bridge introduces the idea of an effective tariff on imported cement. He suggests this could be a better way to deal with New Zealand's carbon problem."},{"timeSeconds":15,"label":"Carbon tariff vs. ETS for cement","summary":"Bridge explains that Golden Bay Cement needs to pay for carbon through the ETS. Imported cement does not face the same costs, giving importers an advantage."},{"timeSeconds":33,"label":"Two options for carbon problem","summary":"He outlines two potential solutions: either exempting cement from the ETS, which would undermine the system, or implementing a carbon border adjustment mechanism."},{"timeSeconds":45,"label":"Carbon tariff on imported goods","summary":"The proposed solution is a carbon tariff on imported goods. This would level the playing field for local producers who already pay for their carbon emissions."},{"timeSeconds":53,"label":"EU's approach to carbon pricing","summary":"The EU's argument is to treat imported products the same as domestically produced ones. This means applying equal carbon standards regardless of origin."},{"timeSeconds":111,"label":"Labour's stance on carbon tariffs","summary":"Ryan Bridge mentions that Labour would consider a carbon tariff idea. However, they are hesitant due to potential conflicts with free trade agreements."},{"timeSeconds":122,"label":"Balancing trade and climate goals","summary":"He suggests New Zealand needs to balance being a free trade country with being a climate warrior. This requires finding solutions that don't compromise either objective."}]} <!--/mynz:youtube-chapters-->