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


Report shows Govt part of power problem

Roger Sowry National Energy Spokesman

19 May 2004

Report shows Govt part of power problem

The Electricity Commission, the Government's so-called 'solution' to New Zealand's electricity concerns, is part of the problem, not the answer, says National's Energy spokesman, Roger Sowry.

The Government today released the first nationwide infrastructure stock-take. The report, written by PricewaterhouseCoopers for the Ministry of Economic Development, criticises the Electricity Commission. It states:

"There is a general concern over the lack of certainty around Government energy policy and the stability of the current regulatory regime.... Prior to the development of the Commission, the industry was moving towards a market-oriented design but under the Commission it is unclear what type of model will be developed... Ultimately, these uncertainties have the potential to further delay investment and impact on the cost of capital of the generators."

Mr Sowry says that though the Government thinks it is dealing with the electricity sector's problems, it is actually contributing to them.

"The Electricity Commission is creating uncertainty in the industry, and that is causing many would-be investors to shy away. "Without large-scale investment in electricity generation we will face a very real crisis. "The report says the Government's dithering over carbon tax is also fuelling concerns within the industry.

And it highlights the fact that the RMA and the Conservation Act are impeding appropriate responses to market issues. "Labour needs to wake up to the reality that power generation is under threat and it is time they did away with the deadweight Electricity Commission and scrapped their carbon tax plans," says Mr Sowry.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


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>>


Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>


Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>


General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>


Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>


Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news