NZ dairy giant drops biodiesel for no longer being economically viable

August 25, 2020 |

In New Zealand, Stuff reports that Fonterra, the largest dairy producer in the country who has committed to net zero emissions by 2050 and a 30% reduction by 2030 has abandoned its biofuels ambitions because it is no longer economically viable. When Z Energy shut down production in March due to rising tallow prices, the company offered to import biodiesel for Fonterra, but the fuel was even more expensive. Z Energy does not plan to reopen under current conditions.

Category: Fuels

Thank you for visting the Digest.