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

 


New energy efficiency initiatives on target

New energy efficiency initiatives on target

The Sustainable Business Council (SBC) and the BusinessNZ Energy Council (BEC) welcome this morning’s announcements from the Hon. Simon Bridges, Minister of Energy and Resources, targeting business sustainability initiatives.

At a time of rising energy prices, and a desire for energy security, New Zealand business is increasingly focused on energy initiatives that make good business sense.

Penny Nelson, Executive Director of the SBC, says “New Zealand businesses have identified energy efficiency as an important priority in helping them become more internationally competitive.

“The announcement complements our resource efficiency work programme. As part of that we are partnering with EECA Business to support our members to drive greater energy efficiency through their value-chain and become more resilient as we transition to a low carbon economy.”

Rob Whitney, Chair of the BEC, says “The World Energy Council Energy 2050 Scenarios show that energy efficiency is the single most important initiative in helping us achieve the Energy Trilemma of a sustainable, affordable and secure energy for all.

“To reduce CO2 emissions to sustainable levels, we will need to at least double the global rate of energy efficiency improvement currently being achieved.

“Today’s announcement of two business-focused initiatives, plus a third that targets fuel-efficient tyres, recognises this challenge.”

These initiatives hopefully reflect a different model of business and government working in partnership to unlock businesses energy efficiency potential. The SBC and BEC will be working closely with EECA as it rolls out these initiatives. Their success will be measured by the extent they catalyse energy efficiency action across the wider economy.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Housing: Affordability Drops 14%, Driven By Auckland Prices

Housing affordability across New Zealand fell 14 percent in the year ending November 2014, with Auckland’s lack of affordability set to reach levels it hit during the height of the global financial crisis, according to the latest Massey University Home Affordability Report More>>

ALSO:

The Dry: Fonterra Drops Forecast Milk Volumes By 3.3 Percent

Fonterra Cooperative Group, the worlds largest dairy exporter, reduced its milk volume forecast for the 2014-2015 season by 3.3 per cent due to the impact of dry weather on production in recent weeks. More>>

ALSO:

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news