New Zealand Aluminium Smelters Ltd

New Zealand Aluminium Smelters Ltd/Rio Tinto Alcan NZ Ltd (well known to Watchdog readers for decades under its previous name of Comalco) has been a regular finalist and was runner up in both the 2009 and 08 Roger Awards. This time the nominator put in a detailed (even footnoted) nomination of the owners of the Bluff aluminium smelter for a new reason – for lobbying two Governments “over several years to secure to secure excessive allocations of free emissions units under the NZ Emissions Trading Scheme (ETS)… NZAS/Rio Tinto has interfered in a democratic process via political lobbying through its industry advocate the Greenhouse Policy Coalition in order to dodge a tax (greenhouse gas pricing under the NZETS), and to profit from the ETS through excessive free allocation of emissions units….there is very little doubt that the NZETS unit allocation rules are so distorted that the smelter would face a higher carbon price if it were exempted from obligations under the NZETS and just paid its electricity bills”. This is the same transnational which, only a few years ago, threatened to quit NZ if the ETS went ahead. If you can’t beat them, you might as well make money out of them, eh.