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National accepts its '90s energy policy failed NZ

National finally accepts its '90s energy policy failed NZ

Progressive MP Matt Robson today welcomed the news that National has finally recognized that its energy policies of the 1990s were seriously flawed and did enormous damage to New Zealand.

National admitted in a statement today that it now plans to support the coalition government's record to progressively ease the very restrictive limits on how much line companies can generate.

"National's current stance of proposing to rip up the rule of law by extinguishing New Zealanders' inalienable right to have their customary claims identified by the impartial courts has a precedent.

"When last in government, National expropriated energy investors' property rights with a set of arbitrary laws that forced lines companies to significantly divest their generation and retailing activities and required generators and retailers to divest their lines interests," Matt Robson said.

"It was a policy which stifled innovation, undermined generation and did enormous damage to New Zealand's economic and social development - at the cost of jobs and opportunities," he said.

Today National admitted its myopic policy of State theft in the 1990s failed the country.

Prior to National's restrictions, introduced in 1998, lines companies were significant generators.

"National should now abandon its current proposal of State theft of rights to Maori because that too would seriously fail and hurt every New Zealander if ever implemented," the Progressive MP said.

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