ComCom pushes Fonterra on impact of carbon reductions

Wed, 14 Aug 2019

By Rebecca Howard Aug. 15 (BusinessDesk) - The Commerce Commission wants more information from Fonterra Cooperative Group on what it thinks the cost of cutting carbon emissions will have on the milk price paid to farmers. Fonterra’s manufacturing sites source around 40 percent of their current processing energy from coal, but won't commission any new coal boilers as part of the dairy exporter's plans to cut emissions by 30 percent across all manufacturing operations by 2030 and achieve net zero emissions by 2050. As a result, the comm...

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