Government Needs To Clear Up Energy Uncertainty

Published: Fri 6 Aug 2021 02:04 PM
News that Refining New Zealand shareholders have voted to shift Marsden Point to an import only terminal adds further uncertainty to New Zealand’s energy future, National’s Energy and Resources spokesperson Barbara Kuriger says.
“In four short years, Labour has upended New Zealand’s energy security and created an avalanche of uncertainty.
“From a rushed oil and gas ban to the proposal for a pumped hydro scheme, Labour is undermining investment and creating uncertainty.
“With the rise of wholesale electricity prices all across New Zealand we see industry, big and small, shutting up shop – Methanex Waitara Valley, Kawerau timber mill, Whangarei timber mill.
“High wholesale electricity prices resulting from reduced gas supplies, both now and into the future, is no doubt also part of the decision today.
“300 Northland families will sadly bear the brunt of Labour’s poor policies as jobs are lost.
“The Minister has received conflicting advice on if today’s decision will mean New Zealand is at risk of a fuel shortage in the event of future global disruptions.
“If I was a Minister, and I got two completely conflicting reports, I'd be asking where the truth was. I suspect the truth is probably somewhere in the middle.
“Part of the problem is that advice has been made more difficult due to the poor quality of government data.
“Minister Woods needs to urgently improve her Ministry’s data capture and confirm what today’s decision will mean for New Zealand’s future energy security.”

Next in New Zealand politics

Govt Considers Regulatory Safeguards For Three Waters Services
By: New Zealand Government
Government To Protect Vital Public Water Services For Future Generations
By: New Zealand Government
Govt Responds To Independent Review Into WorkSafe
By: New Zealand Government
First Step In Managed Isolation Changes; Expanding QFT With Pacific
By: New Zealand Government
New Investment Framework Aligns With Govt’s 2050 Carbon Neutrality Goal
By: New Zealand Government
Pay Cheque To Pay Cheque – Half A Million New Zealanders Have No Savings
By: Consumer NZ
Three Waters Asset Grab To Be Forced On Councils
By: New Zealand National Party
If They Steal It, We'll Give It Back
By: ACT New Zealand
Three Waters Decision To Mandate Disappointing But Way Forward Responds To Councils’ Critical Concerns
Local Leaders Welcome 3 Waters Decision
By: Porirua City Council
MIQ Changes Don’t Go Nearly Far Enough
By: New Zealand National Party
View as: DESKTOP | MOBILE © Scoop Media