New Zealand dairy co - operative Fonterra could receive funding from the government 's NZD100 m ( $ 66.1 m ) Green Investment Fund to move away from coal boilers , according to Climate Change Minister James Shaw . * Ministry model suggests $12b investment coming in greener power Fonterra recently brought forward its commitment to stop using coal boilers from 2030 to 2019 , but Shaw believes the co - operative can do more to reverse its carbon footprint . While it does not want to subsidise industry , the fund is one way the government has said it could help Fonterra to reduce emissions and accelerate the move to renewable energy alternatives .
New Zealand dairy co - operative Fonterra could receive funding from the government 's NZD100 m ( $ 66.1 m ) Green Investment Fund to move away from coal boilers , according to Climate Change Minister James Shaw . Fonterra recently brought forward its commitment to stop using coal boilers from 2030 to 2019 , but Shaw believes the co - operative can do more to reverse its carbon footprint . While it does not want to subsidise industry , the fund is one way the government has said it could help Fonterra to reduce emissions and accelerate the move to renewable energy alternatives .