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 The Tax Working Group’s Road Map

Trying to analyse the interim report on the Tax Working Group (TWG) is like trying to review an entire All Blacks game, but at the half- time mark.

With so much still to be finalised, Sir Michael Cullen and his colleagues are going to need all the All Blacks’ fabled finishing skills to get a coherent, fiscally neutral package together by the February 2019 deadline. More>>

 

Meth Testing Report: Housing NZ "To Right Wrong"

Phil Twyford “Housing NZ acknowledges that around 800 tenants suffered by either losing their tenancies, losing their possessions, being suspended from the public housing waiting list, negative effects on their credit ratings or, in the worst cases, being made homeless.” More>>

ALSO:

No Reshuffle: Meka Whaitiri Removed As A Minister

Meka Whaitiri will be removed as a Minister with immediate effect... The decision was made after receiving a report into an incident that occurred on 27 August in Gisborne, involving Meka Whaitiri and one of her staff. More>>

ALSO:

Pay Equity Bill: Making History For Women’s Pay

The Equal Pay Amendment Bill, introduced to the House today, will make it easier for workers to make a pay equity claim , using a more simple and accessible process within New Zealand’s existing bargaining framework. More>>

ALSO:

Suffrage 125: NZ A Trailblazer For Women

“We acknowledge the work of Kate Sheppard, Meri Te Tai Mangakāhia, and all of the suffragists who tirelessly campaigned for the vote… Today we also need to ask each other: how we can continue to make our country a fairer and better place to continue the legacy of the suffragists.” More>>

ALSO:

Asylum: Refugee Quota Increasing To 1500

“The quota increase will take place from July 2020. In the meantime, we will work to increase the number and spread of refugee resettlement and support services. We need to make sure we’re prepared for this change in policy.” More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels