Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Energy Projections Unacceptable

Pansy Wong, MP Opposition Energy Spokesperson


The projections on energy prices in the just released Ministry of Commerce Energy Outlook publication are not acceptable, says National's Energy Spokeswoman, Pansy Wong.

"Under the Ministry's baseline scenario, and assuming energy markets work efficiently, the prices of electricity along with other fuels to end consumers are projected to stay at current levels in real terms.

"This finding does not equate with the recently released Ernst and Young report. That report notes that the average level of potential distribution line charge reductions resulting from their analysis is 10%. When that is fully passed on to end consumers, it would represent a reduction in electricity charges of at least $70 million per annum.

"Pete Hodgson must not accept his Ministry's report. It is more proof, if any more were needed, that the only way to get lower prices for consumers is to regulate the line companies, who are either inefficient or refusing to pass on their savings to consumers, due to their monopoly positions.

"If the Minister wants to get cheaper power prices for New Zealand consumers, and I am sure that he does, he must do two things - re-read the Ernst and Young report, and then dust off National's line company regulation legislation and re-introduce it.

"New Zealanders expect their Minister of Energy to deliver cheaper power prices and it is within Mr Hodgson's power to do just that," Mrs Wong said.

Ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Thompson+ Clark, And Russia’s FIFA World Cup

Daily, the coalition government keeps running into examples of the toxic legacy left behind by National – and just as regularly, even the simple fixes are proving stubbornly difficult to enact. Take the case of the security firm Thompson + Clark, which has been employed – time and again - by state agencies over the past decade, to spy on (and provide security against) ordinary New Zealanders engaged in lawful forms of protest. More>>

 

HiveMind: Fair Enough? How Should New Zealanders Be Taxed?

Have Your Say! Scoop and PEP invite you to share your issues, ideas and perspectives on the NZ tax system with other New Zealanders using Scoop’s HiveMind tool. This Tax HiveMind is intended to complement and feed into the review being run by the Government-appointed Tax Working Group (TWG), which is looking at the fairness, balance and structure of the tax system with a 10-year time horizon. More>>

ALSO:

Gordon Campbell: On The GCSB’s Security Hang-Up With Russia

So our GCSB has chimed in, alongside its British, Australian and US allies, with warnings about a “fresh wave” of Russian cyber attacks, although the warning has been curiously framed. More>>

ALSO:

PM's Europe Trip: CHOGM & Bilateral Meetings

Prime Minister Jacinda Ardern is in urope for the Commonwealth Heads of Government Meeting (CHOGM) in London and meetings with counterparts in Paris and Berlin. More>>

ALSO:

Hit And Run: AG Gives Approval For Inquiry

Attorney-General David Parker has today announced a Government Inquiry will be held into Operation Burnham and related events. The operation undertaken in Tirgiran Valley, Afghanistan, ... More>>

ALSO:

Addressing Climate Change: No New Offshore Exploration Permits

The Coalition Government is taking an important step to address climate change and create a clean, green and sustainable future for New Zealand, Prime Minister Jacinda Ardern announced today. More>>

ALSO:

Road Safety Summit: Actions To Improve Identified

The Local Government Road Safety Summit held last week identified actions that will lead to lasting changes to road safety in New Zealand, says Associate Transport Minister Julie Anne Genter. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages