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

 

Urgent need for massive solar injection

Electricity price gouging shows urgent need for massive solar injection

Friday, September 14: A new report published by the University of Auckland Business School has revealed that New Zealanders have been ripped off by big electricity generators to the tune of $5.4 billion over seven years.

Senior Lecturer in Energy Economics at the Business School, Dr. Stephen Poletti, has demonstrated that from 2010 to 2016, New Zealand’s big power generators pocketed an extra $5.4 billion in profits over and above what they would have if the wholesale electricity market was truly competitive.

This is in addition to previous findings that electricity retailers, usually the same companies, have been making excess profits.

Yesterday, Greenpeace released a plan to kit out half a million New Zealand homes with solar and batteries over the next 10 years in order to curb climate pollution and make electricity more affordable for everyone. The solar panels and batteries would be paid for with money currently being used to subsidise the oil and gas industry.

Greenpeace Executive Director, Dr Russel Norman, is urging the Government to adopt the plan.

"It’s clear that New Zealanders are being ripped off by big power generator and retailers to the tune of billions of dollars," says Norman.

"This greedy strategy by the energy companies clearly shows why a solar empowerment strategy such as that released by Greenpeace yesterday is so important. It’s time to give power back to the people and empower households to take charge of their own electricity.

"Distributed generation and storage is essential if we are to cut the mega-profits of electricity companies, at the same time as generating the renewable electricity we will need in the years ahead to power our electric vehicle fleet."

Yesterday Greenpeace released its plan to solarise New Zealand from on board its flagship, the Rainbow Warrior, which is currently touring the country.

Speakers at the event included Auckland Mayor, Phil Goff; Vice President of the Council of Trade Unions, Rachel Mackintosh; Vector CEO, Simon MacKenzie; Senior Lecturer at the Auckland University Energy Centre, Julie MacArthur; the Chair of the Sustainable Energy Association of New Zealand, Brendan Winitana; and Greenpeace New Zealand Climate and Energy campaigner, Amanda Larsson.

Alongside the event, Greenpeace launched a petition calling on Energy Minister, Megan Woods, to divert funds from oil industry subsidies and put solar panels and batteries on 500,000 homes by 2030. It has already gathered over 5,000 signatures.

Greenpeace’s 10-year solar plan would work through a Government interest free loan on panels and a battery, delivering solar power with no upfront costs for the homeowner. It would be financed by diverting the $78m to $88m a year of public money currently spent on subsidies for the oil and gas industry.

The plan would provide additional support to 100,000 lower incomes homes through a government grant that would cover at least half of the system cost.

The zero interest loans would be attached to the house that receives the solar panels and batteries, not to the individuals who own it or rent it. They could be administered through Regional Councils, and paid back through rates, much in the same way that home insulation loans have been managed to date.

The Greenpeace solar plan comes on the back of the Government’s April announcement banning new offshore oil and gas exploration permits.

ENDS


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Politics Of Using The Word “Fascist”

“Fascist” is one of those labels with the ability to capsize any debate. Call your opponents “fascists” – or “agitators” or “terrorists” or “scum” and you’ve taken the option of mutual respect and compromise off the table. Interesting then to see the ( paywalled) Washington Post seriously debating with itself yesterday over whether… Hmm, is it now finally time to bring out the f-word in connection with the presidency of Donald J. Trump, and with his enablers in the Republican Party..? More>>

 


RNZ: Covid-19 rules and restrictions on businesses to be lifted under alert level 1


Prime Minister Jacinda Ardern says there will still be strict controls on the border, but all current rules and restrictions on businesses and services will be "essentially lifted" under alert level 1.
She said the lower alert level would also put an end to restrictions for hospitality businesses, and gatherings - including funerals and tangihanga - of any size could take place..... More>>

ALSO:

Gordon Campbell: On The Twitter Wars, And The Muller Muddles

Whatever the failings of our own politicians, spare a kind thought for the majority of Americans who did not vote for Donald Trump. Sure, it was depressing this week to watch Todd Muller clinging for dear life to his talking points on Q&A, ... More>>

ALSO:

Green Party: Statement On The Death Of George Floyd

“Today and every day we stand in solidarity with George Floyd’s family, friends and community who feel pain and fear about his untimely death at the hands of Minneapolis police”, said Green Party Co-leader and Māori Development spokesperson Marama ... More>>

ALSO:


Government: Freshwater Package Backed By Comprehensive Economic Analysis

Decisions on the Action for Healthy Waterways package are supported by comprehensive environmental and economic impact analysis by leading New Zealand research institutes, universities, and private sector firms. More>>

ALSO:

National: "Todd Muller Announces Shape Of Next Government"

National Party Leader Todd Muller has announced the line-up of the next Government. “New Zealand is facing perhaps the toughest time that almost anyone alive can remember. “We are borrowing tens of billions of dollars to get us through this crisis. There ... More>>

ALSO:

Gordon Campbell: On National’s Day Of Reckoning

Congratulations. You are one of the 55 members of the National caucus being called together tomorrow to choose who will lead you to either (a) catastrophic or (b) honourable defeat on September 19, thereby saving some (but not all) of the jobs currently on the line. Good luck. Your decision process starts NOW... More>>

ALSO:


Budget 2020: Jobs Budget To Get Economy Moving Again

Investments to both save and create jobs in Budget 2020 mean unemployment can be back to pre COVID-19 levels within two years and could see the economy growing again as early as next year. More>>

ALSO:

Government: Queen's Birthday Honours List 2020

The New Zealand Order of Merit The Queen has been pleased, on the occasion of the celebration of Her Majesty's Birthday, to make the following appointments to The New Zealand Order of Merit: DNZM To be Dames Companion of the said Order: Distinguished ... More>>

Government: Support For Arts And Music Sector Recovery

A jobseekers programme for the creative sector and four new funds have been set up by the Government to help our arts and music industry recover from the blow of COVID-19. Thousands of jobs will be supported through today’s $175 million package ... More>>

ALSO:

Government: New Zealand Joins Global Search For COVID-19 Vaccine

Foreign Affairs Minister Winston Peters, Research, Science and Innovation Minister Megan Woods, and Health Minister David Clark today announced a COVID-19 vaccine strategy, which will enable New Zealand scientists to contribute to global research efforts ... More>>

ALSO:

The Dig: Steady State Economics: We’ve Got Some (systems) Thinking To Do

In this time of impending economic and ecological crises, we urgently need to aim for a sustainable or ‘steady state’ economy. In order to get there, we will need to adopt a ‘systems-thinking’ outlook taking into account the interconnections of our complex world.

In short, we’ve got some systems thinking to do... More>>

ALSO:

Election 2020: Parties Get Into gear

The Green Party is pleased to reveal its candidate list for the upcoming election. With a mix of familiar faces and fresh new talent, this exceptional group of candidates are ready to lead the Greens back into Government. Using the most democratic list ... More>>

ALSO:

Insight Into Regenerative Agriculture In New Zealand

There is a fast growing movement in New Zealand that has been happening out in paddocks, fields, gardens and hill country across the nation. It is a movement that holds the promise to reshape our productive land use industries towards systems that work with the natural environment to regenerate the land. The movement is that of regenerative agriculture. More>>

ALSO:

Covid-19: Tracer App Released To Support Contact Tracing

The Ministry of Health has today formally released the NZ COVID Tracer app to support contact tracing in New Zealand. Kiwis who download the app will create a digital diary of the places they visit by scanning QR codes displayed at the entrances to ... More>>

ALSO:


Govt: Deep Concern At Hong Kong National Security Legislation
Foreign Affairs Minister Winston Peters today reiterated the deep concern of the New Zealand Government following confirmation by China’s National People’s Congress of national security legislation relating to Hong Kong.... More>>

ALSO:


 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels