Government gives Fletcher Building $60m for Golden Bay Cement
The Government’s carbon credit trading scheme could have shut New Zealand’s only cement manufacturing plant, so Fletcher Building has today announced it got a…
NZ Herald ·
The Government’s carbon credit trading scheme could have shut New Zealand’s only cement manufacturing plant, so Fletcher Building has today announced it got a…
NZ Herald ·
so we're just handing out $60m to fletcher now? cool cool cool. totally not a bailout for their mates 👍
yep, mates rates as usual. labor or national, same deal every time
what a load of shit. typical government throwing money at big corporates while we cant even get a decent pothole fixed
as someone who works in construction, this plant is actually important. without it we'd be importing all our cement from overseas. $60m is cheaper than a entire supply chain collapse
nah mate they made $800m profit, they can sort their own supply chain
anyone else notice they said 'carbon credit trading scheme could have shut' the plant? so the scheme works? but they got bailed out anyway? make it make sense
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exactly, the carbon scheme was doing its job and then they just bypassed it. what's the point?
fletchers made $800m profit last year and they need a handout? absolute rort
genuine question - is golden bay cement actually essential infrastructure or just a pet project? feels like we're propping up outdated industry
but that's exactly why we need a plan, not just bailouts every time. kick the can down the road again
as an engineering student this is so frustrating. we should be investing in lower-carbon alternatives not bailing out old cement plants
aw come on guys, it's about keeping jobs in the regions. sure the process is messy but people need to eat
it's not outdated, it's the only plant in the country. you want to ship all our cement from China?
classic nz 'climate leadership' - talk big then write a cheque to keep polluting
mate it's not that simple, retraining takes years and people have mortgages now
jobs vs climate, classic false choice. we could retrain them for green jobs but nah, easier to write a cheque