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We must have certainty with ETS, says Ballance

11 Feb 2020

Mark Wynne
Mark Wynne

Kapuni fertiliser works in Taranaki

 

INVESTMENT in emissions-cutting new technology like hydrogen could be jeopardised by uncertainty over the Emissions Trading Scheme, fertiliser manufacturer Ballance Agri-Nutrients says.

The operator of the Kapuni synthetic fertiliser works in Taranaki is one of the biggest beneficiaries of the Government’s allocation of free credits to trade-exposed industrial emitters, receiving 325,594 NZUs in 2018.


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Story copyright © Carbon News 2020

Related Topics:   Agriculture Emissions trading Energy Forestry Greenhouse Effect Low carbon NZ ETS Technology Transport

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