Court rejects Greenpeace's attempt to block green hydrogen project
An attempt by Greenpeace to block the consent of a green hydrogen project involving fertiliser co-operative Ballance has been dismissed by the Court of Appeal.
Ballance Agri-Nutrients has confirmed a farmer rebate of $45 per tonne for the year ending 31 May 2020.
The farmer-owned fertiliser co-op has reported a profit before rebate and tax of $68.9 million.
In total, it will be returning $54 million to its farmer-shareholders.
Total sales volume for the 2020 financial year, including nutrient products, animal feeds and industrial ingredients, were 1.6 million tonnes.
Ballance says it is well positioned to support the primary sector to drive the prosperity of NZ. It says that in 2019, NZ export revenue attributable to the primary sector was over $45 billion, with about $19.8 billion of this revenue dependent on access to nitrogen fertilisers.
The co-op says that the employment of almost 74,000 people in NZ is dependent on nitrogen fertiliser.
“The 2020 financial year has been like no other, with COVID-19 and extreme weather events from floods in the south to drought in the east and north,” says Ballance chairman, David Peacocke.
“We’re entering a new era, and one thing is for sure, we can look forward to a renewed understanding of the value of the primary sector to NZ global economic future and reputation,” he says.
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.
Meat processor Alliance Group is asking farmer shareholders to inject more capital in order to remain a 100% co-operative.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.