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


Living costs to keep rising as power prices climb

Living costs to keep rising as power prices climb

Kiwis will have even less money left in their wallets in 2019 with confirmation electricity prices are to rise, another example of how living costs are growing under this Government, National’s Energy and Resources spokesperson Jonathan Young says.

“Genesis Energy has confirmed a 3 per cent price increase for most of New Zealand. It won’t just affect its own customers because 80 per cent of the electricity it generates from Huntly is supplied to other power companies. They are expected to follow Genesis’ lead in their annual pricing reviews.

“Industry leaders are questioning the Government’s ability to reach its 100 per cent renewable electricity goal without driving up the cost of electricity. Making it even harder is the Government’s ban on new exploration which reduces options for reaching that goal.

“Infratil told its own shareholders bluntly that the Government’s renewables target is ‘not a practical goal and would make it impossible to achieve the largest possible national emission reduction for the least cost.’ Infratil is a major investor in renewable energy and a long-time partner in ventures involving state-entities.

“Genesis, which provides New Zealand’s power of last resort through coal-fired plants at Huntly, says lack of gas would make it harder to stop using coal. It is importing more coal to be ready for next Winter.

“These are the voices the Government should have listened to when banning future exploration because they’re likely to be intimately involved in the transition to a low-carbon economy and could have given an unfiltered assessment of the risks and weaknesses of the policy.

“There is still a vacuum at the heart of the Government’s energy policy – a gap where gas supplies dwindle before advances in technology allow enough new renewable energy to come on stream. We welcome new technology but Megan Woods’ claims on hydrogen filling the gap haven’t been tested.

“A National Government would repeal the ban and engage with all stakeholders in New Zealand’s energy sector to devise a rational and economically prudent path to low emissions. We absolutely believe the country has to respond to climate change and want a solution that fits New Zealand.”

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On Reforming Parliament’s Toxic Culture

It would be nice to think Parliament was a forum where rationality ruled – and where policies are raised and evaluated in terms of their contribution to the greater good. Obviously, it isn’t like that... More>>

Historic Assualt Allegation: Parliamentary Service Staff Member Stood Down
Rt Hon Trevor Mallard said today: “I do not want to cut across any employment or possible police investigations, but I am satisfied that the Parliamentary Service has removed a threat to the safety of women working in the Parliamentary complex." More>>


Fatal 2018 Crash: Police Officer Should Not Have Engaged In Pursuit

The Independent Police Conduct Authority has found that a Police officer should not have tried to stop or pursue a car thought to contain young people in Palmerston North on 28 May 2018. More>>


New Poverty Targets: Goals Overlook 174000 Children In Worst Poverty

Child Poverty Action Group is pleased to see the Government set ambitious 10-year targets for child poverty reduction, but we are disappointed not to see a target set for improving thousands of young lives where the worst of poverty is found. More>>


Study: Guidelines Needed To Avoid Risks In Government AI

New Zealand is a world leader in government algorithm use – but measures are needed to guard against their dangers. This is the conclusion of a New Zealand Law Foundation-funded report from the University of Otago’s Artificial Intelligence and Law in New Zealand Project. More>>


Pike River: Families Welcome Opening Of Drift

The group representing 29 of the Pike River Families - the Pike River Family Reference Group - has welcomed the unsealing of the mine at a private family event this morning... More>>


Auckland Harbour Bridge: New Design For Walking And Cycling Crossing

The NZ Transport Agency has released plans for its preferred option for a shared path over the Auckland Harbour Bridge which will transform walking and cycling not only across the harbour, but throughout the city. The Transport Agency says its preferred ... More>>



Shaw First Reading Speech: Climate Change Response Bill

Madam Speaker, today we begin the task of amending the Climate Change Response Act [2002], to fulfil the commitment that we have made, as a country, to limit global warming to no more than 1.5 degrees Celsius above pre-industrial levels. More>>


Housing: More Unsold Kiwibuild Houses Bought By Govt

The Crown underwrite for unsold Kiwibuild homes has been triggered for a second time. Now lack of sales in Mike Greer's development in Canterbury and Auckland means the government has had to buy back seven more homes. More>>





InfoPages News Channels