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.”
Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Werewolf Issue #49: Gordon Campbell Interviews Laila Harre

For 25 years, Labour and National have been in virtual agreement about the basics of economic policy, and differed mainly on how to go about managing its social consequences.

Such is the power of the economic orthodoxy that when opposition parties arise – say, in the shape of the Greens – their “credibility” is measured by the extent to which they give the appearance of learning and abiding by the ruling consensus.

The tension between the desire for change – and the inability of the current political framework to deliver it – creates openings for populists of all stripes. It is what has made the emergence of Internet Mana so interesting. More>>

 

Parliament Today:

Gordon Campbell: On National’s Electorate Deals

For all the talk yesterday from Prime Minister John Key about National being transparent about its electorate deals in Epsom and Ohariu, that transparency is entirely front-loaded. More>>

ALSO:

Greens: Oil Drilling Face-Off With Labour

The key policy points in the Green Party’s plan to protect our beaches from oil spills are to:
1. Prohibit deep sea oil drilling; 2. Implement compulsory shipping lanes for coastal shipping; 3. Build Maritime New Zealand’s oil spill response capability; and 4. Introduce a stronger legal framework so that when accidents do happen, the New Zealand taxpayer does not have to pay for the clean-up. More>>

ALSO:


Nick Smith v Fish & Game:

Minister Told Of FBI Investigation, Says INZ: Coleman Must Quit Or Be Sacked Over Dotcom Case - Harré

Immigration New Zealand has done the right thing in distancing itself from Jonathan Coleman’s claims that ministers were not aware of FBI involvement in Kim Dotcom’s residency application, says the Internet Party. More>>

ALSO:

Valedictory Season: Maori Party Founders Say Goodbye

Two major Maori MPs gave there farewell speeches to Parliament Thursday outlining their history, experiences, triumphs and regrets. More>>

ALSO:

Resignation Not Accepted: Transport Minister Breaches Aviation Security Rules

"Running late for a plane at Christchurch Airport, I without thought breached airport and airline security rules by entering the gate lounge through a door usually used for exit only..." More>>

ALSO:

TAIC Report: Urgent Recommendations After Melling Rail Accident

The Transport Accident Investigation Commission has made four urgent recommendations to KiwiRail following the accident two months ago (27 May) when a Matangi passenger train collided with a stop block at Melling Station, Lower Hutt. More>>

ALSO:

Red Tape: Local Regulations Go Under Microscope

The Government says it is accepting nearly all of the recommendations the Productivity Commission has made on ways to improve local regulations. More>>

ALSO:

Spending Questions: Claudette Hauiti To Step Aside At Election

National Party President Peter Goodfellow confirms that he has received notification from List MP Claudette Hauiti that she plans to step aside at the 20 September election. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news