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NZ FirstPledged

Remove the Emissions Trading Scheme charge from petrol and diesel

● Climate3 tracked updates
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✦ AI Overview

Pitched as easing fuel costs for households and businesses by scrapping what it calls the "climate tax" on fuel, NZ First would take the Emissions Trading Scheme (ETS) charge off petrol and diesel.

📋 NZ First: Remove The Climate Tax From Fuel, October 2026 →

What it does

  • Removes the ETS charge from fuel over the next term of government.
  • NZ First says this would make petrol about 12 cents a litre cheaper and diesel about 14 cents cheaper, the amounts it says consumers paid under the ETS over the past year.
  • NZ First says the charge took $850 million from consumers and businesses in the past year.
  • Was announced on 24 October 2026. The party also wants New Zealand to withdraw from the Paris Agreement, and Peters said the ETS charge had added to the "excessive cost" of imported fuel, RNZ's policy guide reported.

The debate

  • Other parties take different approaches to the scheme: Labour has promised an urgent review to fix the ETS, while ACT wants to cut carbon tax and introduce a carbon tax refund, according to RNZ's policy guide.
  • In a pre-election briefing, the international organisation Climate Action Tracker advised the next government to strengthen the ETS, and questioned whether Peters' pledge to withdraw from the Paris Agreement put New Zealand's support for the deal at risk, Newsroom reported.

This overview is summarised by AI from public sources. It may contain errors and is a guide, not the definitive record — we welcome corrections.

❓ Our Questions — you decide

Where our research raises a question the policy doesn't answer, we put it to you — these are our questions, not government policy. Your vote stays anonymous even when you sign up (we use sign-up only to send you more things to vote on that you care about), and we report aggregated results only — the country's sentiment, never how any individual voted.

Should the ETS charge be removed from petrol and diesel?
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Should lowering fuel prices take priority over pricing emissions from transport?
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Should households get help with fuel costs through targeted payments instead of removing the ETS charge?
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Key milestones

Oct 2026official
NZ First pledges to take the ETS off fuel

NZ First said it would remove the Emissions Trading Scheme charge from fuel over the next term, saying petrol would be about 12 cents a litre cheaper and diesel about 14 cents cheaper.

NZ First ↗
Oct 2026news
Added to RNZ's climate policy guide

RNZ's policy guide listed the pledge alongside Labour's promise of an urgent review to fix the ETS and ACT's plans to cut carbon tax and offer a carbon tax refund.

RNZ ↗
Oct 2026news
Climate assessor urges a stronger ETS

Climate Action Tracker advised the next government to strengthen the ETS and questioned whether Peters' Paris pledge put New Zealand's support for the agreement at risk, Newsroom reported.

Newsroom ↗

Sources

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