Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Greens mislead on solar subsidy

By Jamie Whyte

Russell Norman’s inability to understand that a concessional interest rate is a subsidy is bewildering. Interest rates should reflect the risk of the borrowers not of taxpayers. One of the purposes of interest rates is to communicate information about risk.

In the Green’s scheme they disguise the actual risk of the borrower. Then they propose to use the expensive machinery of the Local Government (Rating) Act 2002 which will involve Councils in recovering debts that they had nothing to do with loaning in the first place.

It’s bad policy to use the Local Government rating Act to do debt collections for central Government.

As I have said, it would be more honest just to subsidise the photovoltaic (PV) panels directly. But then it would be more clearly an election bribe.

For most homeowners the Greens' PV panel scheme will be bad economics. In November 2013 Consumer Magazine reported: “The economics of grid-tied PV don’t stack up – particularly when you include the lack of significant environmental benefits. Our calculations show that most grid-tied PV systems have negative net present value (NPV), which means you’re better off putting your money in the bank.”

The Green’s PV is also unnecessary. A few consumers are already doing this when it economically stacks up for them, and without Government assistance.

What’s more, at least one Lines Company, Vector is running its own Sungenie pilot scheme where it provides the panels and equipment at its cost.

The Greens have failed to make out a case where central government needs to get involved with PV panels.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On
The Runway Extension’s Latest Court Failure

The Director of Civil Aviation (CAA) has also been ordered told back to the drawing board to properly do the job of evaluating the size of the safety areas required for the extension, in full accord with New Zealand’s international obligations. The pilots union were also compensated by the Court of Appeal judges for their costs in bringing the court action.

Interestingly, the reasoning in the Court of Appeal decision almost exactly mirrored the detailed critique of the original High Court decision made in this Werewolf article last October. More>>

 

Torture: Corrections Breaches UN Convention

The Department of Corrections has breached the Convention against Torture as well as its own legislation, in the way it manages some at-risk prisoners in New Zealand prisons, the Chief Ombudsman says. More>>

ALSO:

District Court Changes In Force: Historic Day For New Zealand Courts

New Zealand District Court judges are ready to play their part in ensuring new governing legislation for the structure of Australasia’s biggest court further enhances the administration of open justice and serves New Zealanders well. More>>

ALSO:

Gordon Campbell: On The Mt Albert Aftermath

Personality politics – Jacinda is great! Jacinda is not so great! – have dominated the coverage of the Labour Party’s fortunes this week... Still, this is a relatively new and welcome problem for the centre-left. Labour has seemed so bereft of crossover talent for so long that it seems almost embarrassed by this latest development. More>>

ALSO:

State Sector: Government To Apply Pay Equity Principles

Legal changes are not yet in effect but the State Services Commission, on behalf of the government, and the Council of Trade Unions on behalf of unions, have agreed to apply the principles to current pay equity claims. More>>

ALSO:

Throwing Stoners: English Blames Failed Drug Tests For Unemployment

Bill English’s diversionary tactic of condemning of a generation of Kiwi workers as a bunch of drug-takers cannot hide his government’s failure to create opportunities for decent work, says Labour’s Employment spokesperson Grant Robertson. More>>

ALSO:

Conservation: Central Govt Takes Over 1080 Regulation

“This new approach standardises the rules for using such poisons rather than the current system of different rules in different regions. This change will reduce costs and delays for operators, ensure consistent conditions throughout the country, reduce mistakes from misunderstanding rule differences and allow best practice approaches to be used." More>>

ALSO:

Election Entertainments: ACT Has Prison Plan, Greens Have Water Bill

Green Party launches Member’s Bill to protect our freshwater The Green Party has today launched a member’s bill that will keep water from underground sources, called aquifers, safe from pollution and contamination. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news