Parliament

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

 

Energy Strategy Requires Industry Commitment


Energy Strategy Requires Strong Industry Commitment


Greater management focus on energy efficiency could cut industry costs and improve business competitiveness and profits.

Minister of Energy Pete Hodgson today launched the draft National Energy Efficiency and Conservation Strategy, which proposes a range of measures to lift the energy efficiency performance of New Zealand businesses and industry.

The initiatives in the draft strategy are based on commitment programmes by industry to increase energy efficiency by between one and two percent a year.

“Energy efficiency is one of the most cost-effective investments businesses can make,” Mr Hodgson said.

“Most New Zealand businesses could cut their energy costs by 20 to 30 percent a year through cost-effective energy efficiency initiatives.

“The draft strategy is about setting targets for further energy efficiency improvements in the commercial and industrial sectors. That will help industry to cut energy costs and improve business competitiveness and profits.”

Seven hundred of the country’s largest organisations are already part of the Energy-Wise Companies Campaign, run by the Energy Efficiency and Conservation Authority.

Since 1994 campaign members have reduced carbon dioxide emissions by 184,000 tonnes per year, as well as saving millions of dollars in energy costs.

The draft strategy says further economic and environmental gains are possible with greater management commitment, supported by adequate incentives.

The small number of very large, energy-intensive export-oriented industries for which energy forms a significant part of their cost structure already have strong a incentive to invest in efficient energy use.

BHP New Zealand Steel, for example, reduced its annual $100 million energy bill by $12 million in 1997 and reduced energy consumption per tonne of product by seven percent through a major improvement programme.

Negotiated greenhouse agreements are proposed for energy intensive industries and those with high emissions levels. These would expand the current voluntary agreements programme and focus on firm targets for greenhouse gas emissions improvements.

A business commitment programme for small to medium enterprises would have key principles similar to the Energy-Wise Companies Campaign but more focus on implementation, consultancy and technical support.

“Financial incentives could include accelerated depreciation for energy efficiency measures implemented after a standards-approved energy audit,” Mr Hodgson said. Audit subsidies could be available for members of the above programmes.

An industry programme tax break is proposed longer term, dependent on this year’s tax review.

Other proposals include minimum energy performance standards and labelling for generic industry equipment; best practice sector studies; international benchmarking; research on woody biomass utilisation; and industry training programmes.


Ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

KiwiBailed: KiwiBuild Head Officially Resigns

The head of Kiwibuild, Stephen Barclay has officially resigned from the role. In a statement issued on his behalf, it was announced that he would step down from today [Friday].

Housing Minister Phil Twyford's office said he would not be commenting on Mr Barclay's resignation as it was an employment matter. Last month, Mr Twyford confirmed that Mr Barclay had not been at work for a number of weeks. More>>

 

Welfare Stats: Rise In Hardship Numbers Shows Income Inadequacy

The latest Ministry of Social Development quarterly report show that a record number of people have received hardship assistance from work and income, with an additional 40,000 hardship payments made between September and December 2018, compared to the previous quarter of the same year... More>>

ALSO:

DHBs "Prepared": Junior Doctors Strike Again

The needs of acute patients will be met during tomorrow's junior doctor strike, a DHB spokesperson says... Almost 3000 junior doctors are expected to walk off the job, which will affect all DHBs apart from West Coast District Health Board. More>>

ALSO:

Gordon Campbell: On MBIE’s Social Media Scam

Given the ambit of MBIE’s work, almost any form of social activity could qualify as being part of MBIE’s brief, so the privacy threats posed by this training programme are extensive. The current oversight safeguards seem threadbare to non-existent. More>>

ALSO:

JusTrade: New Campaign For A 21th Century Trade Agenda

‘Critique is no longer enough. If anything is to really change, we need to step away from the existing framework and take a first-principles approach to rethinking what will work for the 21st century.’ More>>

Earlier:

Gordon Campbell: Thompson + Clark Are The Tip Of The Iceberg

How can we tell where and how any lines are being drawn? Oversight is not exactly robust. If it were, Thompson + Clark would have been out of contention for state security work ten years ago. More>>

Trainers: Taratahi Institute of Agriculture In Interim Liquidation

Taratahi employ 250 staff and this year has provided education to over 2500 students. Taratahi owns and manages 8 farms throughout the country. More>>

ALSO:

IPCA Report: Complaints About Deputy Commissioner Wallace Haumaha

The Authority has found that DC Haumaha acted improperly by approaching staff and others to provide information to support him to refute the allegations about his 2016 conduct, or solicited other staff to do so on his behalf... More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels