Stable ETS important for Marsden Point

Wed, 21 Aug 2019

By Gavin Evans Aug. 21 (BusinessDesk) - The top-quartile emissions performance of the Marsden Point oil refinery is a national advantage and one the firm will be working to maintain when it enters the emissions trading scheme in 2023, chief executive Mike Fuge says. Refining NZ was granted an exemption from emission charges in 2003 as part of an agreement with the then government to enable a $180 million investment to reduce the sulphur and benzene content of the fuel it makes. The company has begun talks with the government on its inc...

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