But Christopher Luxon is pledging not to send billions overseas.
Home / New Zealand / PoliticsJamie EnsorChief Political Reporter·NZ Herald·10 Jun, 2026 09:23 PM5 mins to readChristopher Luxon media stand-up at Fieldays.The Government could face a bill of up to $5 billion if it decided to use offshore mitigation to meet an upcoming climate target, but Prime Minister Christopher Luxon says he’s not sending billions of taxpayer dollars overseas.
In last month’s Budget, the Treasury acknowledged “domestic action alone may
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However, Finance Minister Nicola Willis has said she doesn't want to see billions of dollars go offshore to pay for credits.
The Finance Minister said other options considered by the Government raised more money.
Inland Revenue will brief tax experts just hours after the Budget release.
The Prime Minister is set to meet with his Australian counterpart on Saturday.
There's a large number of individual saving initiatives.
ANALYSIS: The Government’s fiscal strategy is boxed in by two goals.
