Oji warns of low-emissions investment leakage

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...

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