New Zealand dairy co-operative Fonterra could receive support from the government's NZD100m ($66.1m) Green Investment Fund to move away from coal boilers, according to Climate Change Minister James Shaw. Fonterra recently brought forward its commitment to stop installing coal boilers from 2030 to 2019, but Shaw believes the co-operative can do more to reverse its carbon footprint. " The government has also announced a new fund for climate change adaptation and mitigation called the Clean Energy Finance Corporation.
New Zealand dairy co-operative Fonterra could receive support from the government's NZD100m ($66.1m) Green Investment Fund to move away from coal boilers, according to Climate Change Minister James Shaw. Fonterra recently brought forward its commitment to stop installing coal boilers from 2030 to 2019, but Shaw believes the co-operative can do more to reverse its carbon footprint. The government has also announced a new fund for climate change adaptation and mitigation called the Clean Energy Finance Corporation.