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

 

Importance Of Natural Gas To Our Transition Highlighted

The importance of natural gas in lowering emissions has been well highlighted by the Climate Change Commission in their draft advice, says the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

"While we don’t agree with every proposal, this is a thoughtful and nuanced report," says PEPANZ chief executive John Carnegie.

"The Commission has recognised the role of natural gas in keeping electricity prices down by providing a back-up for when demand is high and supply can’t keep up. This will become increasingly important as we become more reliant on electricity for transport and heating buildings.

"We need to travel at a similar pace to other countries, given we are a technology follower and price taker. If we try and go too fast ahead of others it will make the transition more expensive and painful while delivering perverse outcomes.

"A good example is the Commission highlighting a near-farcical scenario where we could end up importing gas in the form of LNG from Australia, instead of developing our own resources and enjoying the jobs and royalties created.

"To avoid this, we need to have the right investment and regulatory conditions in place for natural gas supply.

"A 60% target for renewable energy isn’t helpful because we need to be focusing on emissions rather than fuel sources. For example, geothermal provides 22% of New Zealand’s total energy but is not zero emissions. At the same time, natural gas could be used with carbon capture storage to have zero emissions.

"A ban on natural gas connections would be very expensive to households and cost jobs while only having a very limited impact on emissions. It could also upset carefully balanced gas market arrangements, further threatening our long-term supply.

"We all want to reduce our emissions in a joined up and holistic way. We also have to be responsive and adaptable as new information and technology and best practices emerge.

"It’s important we make good policy decisions in response because getting it wrong will be damaging and expensive to New Zealand.

"We look forward to working with the Commission as they prepare their final advice."

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On Australia's Superior Ways Of Communicating About Its Vaccine Rollout

It isn’t only on the cricket field that Australia performs better. The clarity and degree of detail in Australia’s published schedule of the priorities for its vaccine rollout has been very impressive. Here for instance, is their initial “1a” top priority category: Quarantine and border workers, including: staff at entry points to the country (such as sea ports and land borders)... More>>


 


Government: Next Stage Of COVID-19 Support For Business And Workers

The Government has confirmed details of COVID-19 support for business and workers following the increased alert levels due to a resurgence of the virus over the weekend... More>>

ALSO:




Government: PHARMAC Review Announced

The Government is following through on an election promise to conduct an independent review into PHARMAC, Prime Minister Jacinda Ardern and Health Minister Andrew Little announced today... More>>

ALSO:


Government: Main Benefits To Increase In Line With Wages

All measures of child poverty were trending downwards, prior to the COVID-19 lockdown, across the two years since year ended June 2018, Stats NZ said today. The COVID-19 lockdown in late March 2020 affected Stats NZ’s ability to collect data from households ... More>>


Covid-19: Auckland Back To Alert Level Three After One New Community Case Revealed

Auckland will move to alert level three for a week at 6am tomorrow morning after two new Covid-19 community cases announced this evening could not be directly linked to earlier cases, the Prime Minister has confirmed.
The rest of the country will move to level two.... More>>

NZ Initiative: New Report Highlights How Our Housing Crisis Could Worsen If We Don’t Act Now

If New Zealand politicians thought the housing crisis in 2020 was bad, the worst is yet to come, warns a new report by The New Zealand Initiative. In The Need to Build: The demographic drivers of housing demand , Research Assistant Leonard Hong ... More>>

Parliament: Kiwi MPs Among The “Most Educated In The World”

New analysis of MP qualifications reveals New Zealand’s Parliament is one of the most educated and highest qualified in the world, and significantly more educated than Australia’s. The research, by Mark Blackham of BlacklandPR and Geoffrey Miller ... More>>

The Dig: An Illogical Ideological Struggle

Dig beneath all the trade wars and the arguments to the effect that the USA should not permit China to achieve economic and technological superiority, or even parity, and you find the real reason behind the conflict... More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels