Podcasts Other The Mike Hosking Breakfast Robin Davies: NZ Steel CEO on the Government's investment in decarbonisation

Robin Davies: NZ Steel CEO on the Government's investment in decarbonisation

Published: May 21, 2023, 7:31 p.m.

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Government investment is being touted as a vital measure to encourage companies to decarbonise.

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New Zealand Steel will be given 140-million dollars to help replace half of the coal at its Glenbrook site with electricity.

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Chief Executive Robin Davies says there\'s no direct financial benefit for the company, only an investment in reducing carbon.

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He told Mike Hosking that without the Government\'s help the project wouldn\'t be able to be done now.

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Davies says reduction efforts would have been delayed several years.

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