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

 


Greens ask for power-price explanation

21 January, 2004

Greens ask for power-price explanation

The Green Party is calling on the Government to fully explain to the public the reasons behind recent power-price hikes of up to 15 per cent.

"The public has every right to be confused by both the justification for the price rises and the variable rates of increase being imposed by power companies around the country," Green Co-leader, Jeanette Fitzsimons said today. "Some are blaming inflation, others say wholesale prices are out of kilter, others say the price hikes are necessary to pay for new generation.

"In fact, it is very difficult to disentangle price rises caused by scarcity of resources, like the end of cheap Maui gas, from price rises due to poor market structure or to power company price-gouging.

"Price rises were inevitable with end of Maui gas which, at $2 per Gigajoule, was far cheaper than anything that can replace it and cheaper than gas in most other parts of the world."

Ms Fitzsimons said there was no way of avoiding price increases, whatever replaced Maui - whether it a new gas field, wind, coal or a combination of these.

"However, this should not be an opportunity for power companies to profiteer. The Government should be reassuring the public by investigating the extent and reasons for price rises and publishing its findings, so that the public will know what is justified and what is not.

"It is inevitable that the more power demand grows, the more expensive it will be to supply as more costly resources are used. The best way to keep prices down is to reduce consumption through better energy efficiency.

"Power companies which profit from high prices are unlikely to encourage an efficiency campaign," said Jeanette Fitzsimons. "However, that's where the new Electricity Commission can make a difference, by levying the power industry to fund serious energy efficiency measures."

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news