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

 


Time for Government to pull plug on dirty dam

Time for Government to pull plug on dirty dam

It’s time for the Government to pull out of the Ruataniwha scheme and not subsidise it through the Crown Irrigation Company, the Green Party said today.

The Hawke's Bay Regional Council issued a report last week, which highlights that the proposed irrigation dam and reservoir in the Tukituki catchment is not commercially viable. Yesterday, Ngai Tahu pulled its support as a potential investor for the scheme, following Trustpower Ltd's withdrawal in March. This leaves no known institutional investors and a $90 million hole in financing for the scheme.

“The Government needs to face the reality that the Ruataniwha dam is not commercially viable and could only be constructed with massive public subsidies, said Green Party water spokesperson Eugenie Sage.

“Trustpower pulled out because of the financial risk and likely low returns, Ngai Tahu have dropped it because of a lack of experienced investors, and the Council’s own figures show the dam is no longer viable.

“With commercial investors dropping out, if the scheme continues, taxpayers and Hawke's Bay ratepayers will be left to front most of the $275 million construction cost of the scheme.

“It’s time for the Government to invest in a clean green future, not a dirty dam and more intensive dairying which will pollute our rivers, streams and aquifers.

“The Green Party’s Green Investment Bank proposal is a much more sustainable option both financially and economically than investing in polluting intensive agriculture,” said Ms Sage.

Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

PARLIAMENT TODAY:

Midwives On Pay Equity: Historic Bill Of Rights Case For High Court

“We have been left with no choice.” That from Karen Guilliland, the Chief Executive of the New Zealand College of Midwives, as the organisation prepares to file a pay parity discrimination case on the basis of gender under the NZ Bill of Rights Act in the High Court. More>>

ALSO:

Gordon Campbell: On The Children’s Commission Report On CYF

Accusing the overworked and underfunded staff at Child, Youth and Family of a “dump and run culture of neglect” is the kind of luxury that a Children’s Commissioner can afford to indulge in from his own comfy perch in the bureaucracy. More>>

ALSO:

Mt Eden Prison: Serco Inquiry Extended

A two month delay to the Government investigation into prison fight clubs shows the extent of problems within the Serco circus, says Labour’s Corrections spokesperson Kelvin Davis. More>>

ALSO:

Health And Safety: Late Addition Of National Security Provisions A Concern

The New Zealand Law Society has expressed its significant concerns at the last-minute addition to the Health and Safety Reform Bill of provisions for a closed material procedure for court proceedings where national security is involved. More>>

ALSO:

Rugby And Beer: World Cup Alcohol Bill Passes

ACT MP David Seymour’s Sale and Supply of Alcohol (Extended licensing hours during Rugby World Cup) Bill completed its third reading by 99 to 21... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news