SunLive - Views sought on plan for used tyres and batteries sunlive.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunlive.co.nz Daily Mail and Mail on Sunday newspapers.
Marc Daalder of Newsroom.co.nz11:57, Jul 29 2021
Lynn Grieveson/NEWSROOM
Fletcher Building received 144,000 carbon credits more than it was meant to be allocated.
The Government has over-allocated carbon credits worth a minimum of $5 million to Fletcher Building over the past three years, Marc Daalder reports. A 2020 report into the Government s free allocation of carbon credits to trade-exposed industrial emitters found that Fletcher Building s cement operation was among the companies benefitting from an over-allocation of units as a result of outdated data. While many of the specifics in the report have been redacted over commercial confidentiality concerns, a
Newsroom analysis of the figures indicate Fletcher Building has received at least 144,000 carbon credits above what it was intended to get for its cement production between the 2016/17 and 2018/19 financial years.