INDEPENDENT NEWS

Copeland: Aqua Decision Body Blow To Economy

Published: Mon 29 Mar 2004 05:38 PM
Media Statement
For immediate release
Monday, 29 March, 2004
Copeland: Aqua decision body blow to economy
Meridian Energy's decision to can the Project Aqua hydro development is a huge wake-up call for the Government and the economy, United Future energy spokesman Gordon Copeland said today.
"This decision has massive impact - not the least of which is the very clear need for an urgent overhaul of the Resource Management Act," Mr Copeland said.
"When projects of this significance start falling over, it's well past time to ask some very tough questions," he said.
Mr Copeland this afternoon wrote to the Speaker, seeking an urgent debate in Parliament tomorrow.
There are a number of issues that come out of this immediately, and first among them is that the Dobson hydro scheme, in Greymouth, now becomes even more crucial, Mr Copeland said.
"The Government must stop pussy-footing around and give this scheme the go-ahead now.
"The evidence is already out there that, without Aqua, there may be an electricity supply-and-demand gap in just three years, rising to a massive 11,000 gigawatts by 2017.
"This is of concern for business and residential consumers alike," he said.
Mr Copeland said the situation was so urgent that New Zealand would now have to look at meeting its short to medium term energy needs with more expensive, less sustainable and less environmentally friendly alternative power sources such as coal.
Ends.

Next in New Zealand politics

New Fishing Rules Reflect Fishers’ Proactive Actions
By: Seafood New Zealand
Government To Reverse Blanket Speed Limit Reductions
By: New Zealand Government
Labour Supports Inquiry Into Rural Banking
By: New Zealand Labour Party
Govt Consulting On Cutting Red Tape For Exporters
By: New Zealand Government
Shane Jones Fires Damp Squib In Response To Giant Backlash Against Luxon’s War On Nature
By: Greenpeace
Government To Add Oil And Gas To Climate Fire
By: Green Party
View as: DESKTOP | MOBILE © Scoop Media