Oji warns of low-emissions investment leakage

By Gavin Evans | Tue, 04 Feb 2020


Pulp and paper maker Oji Fibre Solutions says New Zealand climate policy needs to recognise the investment incentives overseas manufacturers are now being granted for new low-emission projects.The company, which operates pulp mills at Kinleith and Kawerau and runs the Fullcircle recycling business, supports government plans for a gradual phase-down of the free emission credits it and other heavy industrial players receive.But that default phase-down rate of 1 percent a year should be slowed if there is a threat of emissions leakage – locally-ma...