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


Big cracks appear in Ruataniwha dam project

Big cracks appear in Ruataniwha dam project

The Ruataniwha dam is looking increasingly risky following Trustpower pulling its share of a proposed $106 million investment and with only 40 per cent of potential water users expressing interest the Green Party said today.

Yesterday Trustpower announced it would no longer be investing in the dam due to limited uptake making it too much of a risky investment. Another potential investor, Ngai Tahu, has imposed a number of conditions on its spend.

“Trustpower’s exit from the dam project signals that this project is not viable without massive public subsidies from the Hawke’s Bay Regional Council and the Government’s Crown Irrigation Company,” said Green Party water spokesperson Eugenie Sage.

“With private investment looking uncertain, the Council’s investment company shouldn’t be asking the public to prop up this risky project.

“The project doesn’t stack up economically, environmentally and half of the proposed jobs the proponents are trumpeting are uncertain.”

The business case considered by the Council this week makes it clear that job predictions are based on the assumption a new dairy processing factory will be built in the region. An update to the economical modelling highlights job numbers from processing and processing support have ‘high uncertainty’.

“Despite a highly critical submission from the Department of Conservation being suppressed, it is clear that the proposal will lead to more pollution of the Tukituki River,” said Ms Sage.

“The Hawke’s Bay Regional Council needs to pull the plug on this risky project and say no to the more than $80 million its investment company wants from the Council.”

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Schools: Achievement-Based Funding Would Be A Disaster

The Education Minister’s speech to the PPTA Conference raising the spectre of achievement data driving a new funding system would be disastrous, says NZEI Te Riu Roa. More>>

  • Video Out-Link - PPTA Annual Conference 2015 on Livestream (Q+A dicussion suggests funding would be directed to less successful schools.)

  • ALSO:

    ECE Report:

    Key In NY: Prime Minister Addresses United Nations

    Prime Minister John Key has addressed the United Nations General Assembly in New York, focusing on a call for action in Syria and on other conflicts, reform of the veto process and on the UN’s Sustainable Development Goals. More>>.


    Gordon Campbell: On The Lack Of Accountability Over Philip Smith

    In New Zealand, accountability is an exotic creature rarely glimpsed at ministerial level, or among senior management. The flight to Rio by the paedophile /murderer Philip John Smith/Traynor is no exception. More>>


    More On Corrections

    Gordon Campbell: On Putin’s Diplomatic Coup Over Syria

    There’s a simple historical precedent for what is occurring in Syria. During WWII, the Allies joined forces with a known butcher and tyrant – Joseph Stalin of the Soviet Union – in order to defeat a greater evil, Nazi Germany… More>>


    Key 'Didn't Know': Brownlee Seeks Pandas In China

    While Defence Minister Gerry Brownlee is in China pushing a taxpayer funded deal to bring two pandas to New Zealand, the country’s military look set to be hit with a pay freeze, Opposition Leader Andrew Little says. More>>


    Scoop Business: GCSB Willing To Extend Cyber-Attack Programme To Local ISPs

    The Government Communications Security Bureau’s ‘Cortex’ cyber-security programme has been successful in helping identify and mitigate a series of cyber attacks since its introduction and an extension to cover local internet service providers is still on the cards... More>>


    Get More From Scoop



    Search Scoop  
    Powered by Vodafone
    NZ independent news