Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

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

 

Chatham Rise rock phosphate project will reduce emissions

November 23, 2017


Chatham Rise rock phosphate project will reduce carbon emissions

WELLINGTON New Zealand – Chatham Rock Phosphate Limited (TSXV: “NZP” and NZAX: “CRP” or the “Company") estimates that its process of recovering rock phosphate from offshore New Zealand will reduce annual carbon emissions by 76,000 tonnes compared with importing the rock from Morocco. This reduction of 95% of the present emission level equates to immediately taking at least 19,000 petrol driven vehicles off the roads.

This is significant in the context that there are approximately 5,000 electric vehicles registered now and the national target is 64,000 by the end of 2021.

Further carbon emission savings will result when Chatham rock phosphate is applied to the land, as being a slow release fertiliser it can be applied less frequently.

The other directly beneficial environmental effects of using Chatham rock phosphate that we have advised on numerous occasions are reduced run off, improved water quality, a healthier soil profile, and much lower cadmium being applied to soils.

ends

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.