Parliament

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

 

Copeland welcomes Project Aqua review

Tuesday, 14 September 2004

Copeland welcomes Project Aqua review

United Future energy spokesperson Gordon Copeland today welcomed confirmation from the Hon Mark Burton, Minister for State Owned Enterprises, that an independent expert from PriceWaterhouseCoopers Australia has been appointed to carry out a post-project audit of Project Aqua.

“When SOE Meridian Energy announced the cancellation of the $1.2 billion hydro scheme on the Waitaki River, ”said Mr Copeland, “they laid the major portion of the blame on the Resource Management Act and the Waitaki Water Allocation Bill. Subsequently they advised that the net cost of the cancellation will be at least $ 45 million and perhaps a great deal more.

“In these circumstances it’s vitally important that an independent review be undertaken. In reality was it the Waitaki Water Allocation Bill, a forecast rise in the project’s cost of completion, subsoil and geological conditions, or the opposition of the locals etc etc which led to the cancellation?

“We need to know what lessons can be learned and whether the failure of Project Aqua also signals the end of large-scale hydro projects in New Zealand at a time when we are desperately short of low cost electricity.

“Will it be possible to resurrect Project Aqua, possibly in a scaled-down form? Can the company itself and other potential hydro generators learn something so that the risk of such project failure is reduced in the future? Does Parliament need to change the RMA?

“The public of New Zealand, the ultimate shareholders in Meridian Energy, are entitled to answers to these and similar questions,” said Mr Copeland.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods (is the dollar up or down?) the outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country... More>>

ALSO:

.

 
 

Submissions Summary: The People's Commission On Public Media

This Summary is a preliminary report from the People’s Commission. It brings together views and aspirations of the hundreds of people who made submissions, attended public meetings, filled out the online survey and made speeches to our Panel. More>>

Housing Plans: Protest Over Ihumatao Development

Ihumatao in Mangere, next to the airport in Auckland, holds the archaeological remains of 1000 years of food production; from when Maori first landed in the area, through to early European settler agriculture and right up until today. More>>

ALSO:

Negotiations: What Does Winston Peters Want His Legacy To Be?

A lot of people in New Zealand seem to resent Winston Peters and the power that he appears to have. “Appears” being the operative word.. More>>

ALSO:

Contains Highly Colloquial Language: Your F**king Guide To Government Formation

The following message is in no way endorsed by the Electoral Commission. They are f**king done with this election. More>>

NZ Emissions Up 50% 1990-2013: Report Confirms CLimate Change Impacting NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate. More>>

ALSO:

Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>

ALSO:

Rorschach Restructuring: Inland Revenue Steps Back From Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election