Carbon News - Intelligence for the carbon market

Fertiliser firm wants balance in carbon credits

Tuesday 5 Mar 19 11:00am

Kapuni urea plant


A†COMPANY given millions of dollarsí worth of free carbon credits says the system giving it the units should not be stopped until at least 70 per cent of its competitors also face a carbon price.

Kapuni urea plant owner Ballance Agri-Nutrients received more than 1.3 million free NZUs between 2010 and 2017, worth more than $32 million at todayís spot NZU price of $25.20. Figures for last yearís allocation are not yet available.

... login or subscribe for full story
Story copyright © Carbon News 2019

Subscriber Content - You need to log in

To access this Carbon News information right now, please accept our 7 DAY FREE TRIAL subscription offer. Simply click the Subscribe button and follow the steps.


We send you a reminder before we charge your card or send an invoice before your FREE trial ends. We'll also remind you before we automatically renew your annual subscription. We will also ask you for updated credit card or invoicing information at this time, if necessary.


Please enjoy your 7 day FREE trial.

Login







Latest in Policy Development

Latest announcements: file yours to editor@carbonnews.co.nz


CellCube to bring grid battery to South Australia

Thursday - Renewables firm Pangea Energy and vanadium battery producer CellCube have...

Minesto partners with leading financial adviser

Wednesday - Swedish marine energy developer Minesto has engaged with leading financial...

Finland using circular economy of textiles

Tuesday - In Finland, end-of-life textiles no longer end up in landfills, but there is...

Adidas launches 100% recyclable footwear

26 Apr 19 - Adidas has launched a 100 per cent recyclable shoe aimed at unlocking a...

Whangarei likes electric vehicles

16 Aug 18 - Whangarei, winner of the most electric vehicle friendly town in New Zealand...

More News Direct