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


Rising Energy Costs Could Cripple New Zealand

Rising Energy Costs Could Cripple New Zealand

Wednesday 21 Jan 2004 Ken Shirley Press Releases -- Energy

ACT New Zealand Deputy Leader and Energy Spokesman Ken Shirley today slammed the Labour Government for its incompetent handling of the energy sector.

"While in Opposition, Labour criticised the deregulation of the energy sector and condemned the market model," Mr Shirley said.

"Yet, through the 1990's, New Zealand enjoyed declining costs for energy in real terms - with price competition favouring both the industrial processing sector and the domestic user.

"Since becoming Government, however, Labour's interventionist policies have led to regional State-owned monopolies in generation, with price gouging and a lack of commitment to investment.

"The Government's three State-owned energy generators returned record gross annual profits for the 2002/03 year - Mighty River Power $127 million, Genesis $105 million and Meridian $172 million.

"New Zealand industry and domestic consumers have cause for alarm when the Government continues to price gouge - reaping huge dividend payments while, at the same time, increasing prices.

"Any generation shortage is of Labour's making. Its foolish adherence to the Kyoto Protocol can only add to our energy costs, while precluding the use of our coal resources - which are our best option over the next 20 years following the demise of the substantial Maui gas field.

"Labour's policies have also prevented other generation schemes, such as the Trustpower 65 megawatt Arnold River project, with Government refusing to allow the scheme to proceed because of its location on DoC land.

"Energy Minister Pete Hodgson is transfixed with renewables - such as wind power - and, while these can be part of a mix, they will never provide the base load to meet New Zealand's needs," Mr Shirley said.


For more information visit ACT online at or contact the ACT Parliamentary Office at

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Supreme Court: Worksafe Decision On Whittall Pike River Prosecution Unlawful

The question in issue on the appeal was whether WorkSafe New Zealand acted to give effect to an unlawful agreement of this nature when it offered no evidence on charges against Peter William Whittall for breaches of the Health and Safety in Employment Act 1992...

The Supreme Court... has found that the decision to offer no evidence was made under an unlawful agreement to stifle prosecution. It has granted a declaration to that effect. More>>


Cullen To Chair: Tax Working Group Terms Of Reference Announced

Finance Minister Grant Robertson and Revenue Minister Stuart Nash today announced the Terms of Reference for the Tax Working Group and that the Group will be chaired by Sir Michael Cullen. More>>


Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them. More>>


Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>


Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>


Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>


Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>




Featured InfoPages

Opening the Election