INDEPENDENT NEWS

Government must fix the mess it created at Solid Energy

Published: Wed 11 Mar 2015 01:45 PM
11 March 2015
Media Release
Government must fix the mess it created at Solid Energy
The Government must take responsibility for the role it has played in Solid Energy’s current financial crisis, and support the company which has returned $600 million to the country over the past decade.
“The Government has pushed Solid Energy to the brink with constant, unrealistic demands for returns, turning a blind eye to appalling management mishaps and governance failures,” says Ged O’Connell, EPMU assistant national secretary.
“Now they’re hinting that they’ll just make the problem go away, with the endorsement of the rightwing shell lobby group, the Taxpayers’ Union.
“That’s not what’s best for New Zealand.
“This isn’t just about miners. Many jobs rely on New Zealand coal mining. With our current technology, we need coal to smelt steel. Our railways and construction industry rely on coal mining.
“Closing down Solid Energy will not mean our industries stop using coal – it just means importing it from countries like China and Indonesia instead of here.
“New Zealand taxpayers would much rather see their money spent on real jobs supporting our communities, rather than shady casino deals and big payrises for Cabinet ministers.”
ENDS

Next in New Zealand politics

Omicron Outbreak Would Move The Country To Red - Expert Reaction
By: Science Media Centre
New Zealand Prepared To Send Support To Tonga
By: New Zealand Government
COVID-19 Immunisation Starts For 5 To 11-year-old Tāmariki
By: Ministry of Health
Departures Lift Border Crossing Numbers
By: Statistics New Zealand
Open Letter To Government From Non-bank Lenders: The Path Forward On CCCFA Changes
By: Financial Services Federation
Too Many Kiwi Workers Financially Vulnerable As Omicron Looms - Annual Workforce Survey
By: CTU
View as: DESKTOP | MOBILE © Scoop Media