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

 


Fuel and electricity price gouging hits regions hardest

Mere Takoko - New Zealand First East Coast Candidate
For Immediate Release - Tuesday, 19 August, 2014

Power Up NZ report highlights fuel and electricity price gouging hits regions hardest

New Zealand First Candidate for the East Coast electorate, Mere Takoko, will lead a convoy of logging trucks and supporters through East Coast city centres in a bid to highlight the rising cost of electricity and fuel in the region.

The delegation will reach the Gisborne city centre at 12pm where Ms Takoko will release a report called Power Up NZ at Heipipi Park before continuing on through Opotiki, Whakatane, Kawerau and Rotorua.

Ms Takoko says the Power Up NZ report will show how energy companies have been adding unnecessary costs to consumer fuel and electricity bills. It also outlines how New Zealand's worst polluters have been purchasing cheap and dirty international carbon credits which has collapsed New Zealand's carbon market.

"Iwi have lost over NZ$600 million as a result and the forestry sector is also suffering. Our convoy aims to support the sector's NZ$2bn plan to bring 50,000 jobs to the regions," says Ms Takoko.

"The report includes research provided by Treasury's own advisors that shows energy companies have hood winked consumers through price-gouging and have profited to the tune of NZ$1.38 billion.

"Our information illustrates how these polluters are causing irreparable economic harm. They are stifling growth in the regions and draining wealth from New Zealand taxpayers.

Ms Takoko says the Government really needs to stop putting the profit margins of energy companies before those of New Zealanders.

"Their price gouging is now becoming common practice and is having an overall negative impact on other industries including the forestry and seafood sectors.

"John Key has effectively allowed this to occur under our noses. The ongoing loss of our strategic assets has had a flow on effect of increasing fuel and energy costs for our families. People from the East Coast and other regions are paying up to a third more than other places across the country and that also impacts on food prices," says Ms Takoko.

The convoy will depart Gisborne at 12.30pm to attend a public meeting in Rotorua hosted by the Climate Change Iwi Leadership Group at Tama te Kapua Marae where New Zealand First leader, Rt Hon Winston Peters, is expected to address the meeting with other political leaders.


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On The IOC’s Treatment Of Russian Sport, And Lone Wolf Terrorism

A blanket ban on Russian athletes would also have exposed the IOC to criticism that its treatment of Russia would have been marked contrast to its treatment say, of the track and field team from Kenya – a country about which the IOC has very similar doping concerns. More>>

ALSO:

Sounds Like A Plan: Auckland Council Receives Unitary Plan Recommendations

A key milestone in New Zealand planning history was reached today when the Independent Hearings Panel delivered the reports containing its recommendations on the Proposed Auckland Unitary Plan. More>>

ALSO:

National Park Expansion: Forests And Coast Of Kahurangi Protected

Five parcels of high value land totalling more than 890 hectares have been formally gazetted as part of the National Park. More>>

ALSO:

PPP Go-Ahead: SkyPath Gets Unanimous Support

Auckland’s SkyPath project has been given the go-ahead to be delivered through a public private partnership, after a unanimous decision at today’s Finance and Performance Committee. More>>

ALSO:

Gordon Campbell: On The Reserve Bank, The UN Shortlist, And Trump

Can there really be there any link between the US presidential elections and yesterday’s RBNZ signals on interest rates and the NZ dollar? Well, maybe. And it would be this: the improving US economy is reportedly putting a tailwind behind the US dollar, and rendering the actions of our Reserve Bank virtually irrelevant. More>>

ALSO:

Gordon Campbell: On What John Key Should Be Asking Joe Biden

No doubt, US Vice-President Joe Biden will be updating Prime Minister John Key on the chances of a TPP vote taking place in the ‘ lame duck’ session of Congress that’s held between the November’s election and the inauguration of a new President in January. More>>

ALSO:

Make NZ Make Again: Greens Will Establish A Minister For Manufacturing

The Green Party announced today that it will establish a Minister for Manufacturing in Cabinet, to better represent the interests of manufacturers and ensure they thrive. The Minister will be inside Cabinet and have responsibility for the long-term interests of the manufacturing sector. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news