Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

New Fuel Standards Soundly Based

The Government has taken a very sensible approach to improving the quality of New Zealand’s fuel Road Transport Forum Chief Executive Tony Friedlander said, in response to the Government’s announcement of new petroleum products specifications regulations.

“Managing the improvement of New Zealand’s fuel quality having regard to changes in the regional fuel market is a sound move. The timetable Government has adopted means New Zealand will be moving to better quality fuels in sync with Australia, which has to be good news for both certainty of supply and pricing.

“Given the size of the New Zealand market, pressing ahead without regard for the wider market could have imposed significant extra costs on New Zealand road users.

“The move to bring New Zealand into line with international ‘best practice’ fuel standards is being well managed. The Associate Minister of Energy Paul Swain is to be congratulated on the pragmatic but very positive process he has put in place.”

Mr Friedlander also welcomed the inclusion of filterability requirements in the new regulations. “It’s good timing as it’s almost exactly a year since New Zealand faced what could have been a crisis situation with diesel fuel filters clogging.”

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>

ALSO:

Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO:

CO2 And Water: Fonterra (And Dairy NZ)'s Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>

ALSO: