Higgs government boosts payments to pulp and paper mills under energy buy-back program

Province has increased subsidies to major pulp and paper mills owned by J.D. Irving Ltd., Twin Rivers Paper Co. Ltd. and the AV Group. (Roger Cosman/CBC)

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The Higgs government has quietly increased subsidies to major pulp and paper mills in the province through a renewable energy buy-back program with NB Power.

The Progressive Conservative cabinet increased the price that the public utility must pay to mills by 12.5 per cent, retroactive to April 1.

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Source: CBC News

 

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