web analytics

Green Party pre-budget policy launch

Written By: - Date published: 9:14 am, May 13th, 2014 - 10 comments
Categories: Economy, election 2014, greens, jobs, Metiria Turei, poverty, russel norman, sustainability, wages - Tags:

This morning the Green Party will do a pre-budget economic policy launch live on line: livestream here 11am 11.30am – 12.30pm. [Edit: my mistake – got the start time wrong]

green_party_leaders_russel_norman_and_metiria_ture_4dec906e26

While relatively low key, this is an innovative approach to a policy launch.  However, they have shown for a while that they are pretty adept at interacting with Kiwis via social media.  Co-leader, Metiria Turei is quite personable, and sometimes fun on Twitter.  And she handled crushed Collins attacks on her clothes extremely well, opening her “castle” to the media, and, particularly doing a good showing of it on Campbell Live.

The Greens have their serious political side, as well as being grounded in grassroots activities.

Norman turei waka

Both are connected to their policies aimed at making life better for low-to-middle income Kiwis.  Turei’s maiden speech on her working class background and commitment to working for others struggling on low incomes provides a significant understanding of her values and approach to politics.

NZEI rally Turei at Aotea Square

Her Question of John Key in the House, about Planet Key, is a classic:

Russel Norman and partner Katya Paquin at home on Campbell Live, had Norman in relaxed and playful mode, while also showing his motivation for and commitment to politics.

She [Paquin] is a law and politics graduate, with honours, from Victoria University, and the pair have two small boys together.

Dr Norman’s father Colin Norman was a working-class man from Brisbane, and was killed in an accident when Russel was 17. He was part of a very large family, and decided to put himself through an engineering degree, and became a mechanical engineer.

For the most part, Dr Norman’s childhood was in the Brisbane suburbs, with bikes, backyards and not a lot of money, but he dreamt of more for his future.

[…]

“The more I learnt about politics and the world, I realised that the problem wasn’t that there weren’t enough doctors, it was politics,” says Dr Norman. “The problem was that [we] had to change politics.”

In the Norman-Paquin house, family aside, politics is the passion, and Masterchef certainly isn’t.

But that passion for politics saw Dr Norman studying New Zealand’s Alliance as a new take on left-wing politics, and writing a PhD thesis in New Zealand politics.

Norman Campbell Live

Gareth Hughes also has a strong presence on Twitter.  And he has formulated Green Party policy on the information and communciations technology.

.

See here for more Green Party policy

.

I’ll be watching to see the policy launch at 11am today, and will be interested to see both the content, and how it is done.

[Update] policy here – Green Investment Bank

.

Summary:

1. Establish a government-owned for-profit Green Investment Bank to act as an independent and expert facilitator of private sector capital to help lead the transition to a smarter, greener economy.

2. Cost: $120 million over three years to be paid for by raising oil royalty rates to international averages and reprioritising government spending.

3. In time, see billions of dollars of (mainly) private sector finance funding new renewable energy plants, solar panel installations, energy efficiency retrofits, the development and production of significant volumes of biofuels, and clean technology project

How it will work:

Priority clean tech sectors for investment

The Green Investment Bank will operate at arms-length from government but will operate under a mandate to prioritise investment in decarbonising our economy and making our economy more resource and energy efficient. This will likely include securing new investment in renewable energy plants, solar panel installations, energy efficiency retrofits, the development and production of significant volumes of biofuels, and a wide range of clean technology projects.

An Example:

Biofuels from forestry waste products in particular offer a viable alternative to oil imports but the technology and infrastructure required is currently not being funded by the private sector. We can reduce oil use in the transport sector by up to 50 percent by 2050 by using New Zealand’s vast energy resources in our exotic forests.

The commercialisation of technology to turn forestry wood waste into biofuels for transport will have significant co-benefits for jobs and reduce our reliance on oil imports. Business and Economic Research Ltd (BERL) estimates 27,000 new jobs can be created in the bioenergy sector throughout rural New Zealand while saving more than $7 billion in oil imports each year.

I will add news reports and analysis of this new policy as they become available:

Hamish Rutherford on Stuff.

Co-leader Russel Norman today unveiled plans for “an enduring, government-owned, for-profit bank” that would partner the private sector to fund projects from renewable energy and biofuel production to new clean technologies.

[…]

The plan received a warm reception from the New Zealand Bankers Association, but chief executive Kirk Hope questioned the use of the term “bank”.

Adam Bennett – NZ Herald.

TVNZ News

TV3 News

RNZ

10 comments on “Green Party pre-budget policy launch”

  1. captain hook 1

    Just make sure gluon espinah doesn’t turn up. I am getting really sick of his whining on morning report and the way he manages to say greens with an inflection that is really sly and demeaning.

  2. Philj 2

    xox
    Linda Clark and Paddy were very quick to put down Russel on Sunday morning tv. And Linda Clark lost any credibility she had left, when pimping for Jamie ‘ Lord of the Jungle’ White. Linda, I don’t think Russel is seeking your vote. You are delusional if you seriously think he does.

  3. karol 3

    Now i seem IT challenged. The website says that the livestream event has started, but I’m not seeing anything. I then signed up with livestream, but still nothing?

    Edit: Ah, it’s working now.

  4. Tracey 4

    thanks karol.

  5. ianmac 5

    Adam Bennett has a good write up on the Herald, about the Green Investment Bank’ plan. Simple description. Well summarised.
    Two things will happen.
    The Nats will slam it as crazy. (In spite of it being a good plan in UK and in Australia etc.)
    The Herald will slip it rapidly down the page until it is invisible.

  6. blue leopard 6

    This seems like a very good idea. I really like the sound of what is coming out of both the Greens and Labour recently – it appears that both these parties have been putting their thinking caps on and are trying to address the very real problems New Zealand and its people face – problems that just appear to have been ignored for a very long time.

    I really hope that New Zealanders are not so naïve and backwards as to believe what the ‘twiddle-the-thumbs-emit-hot-air-and-sell-out National party have to say on these parties’ policies, the current state of our country or matters that affect us because National just seem to make things up.

    National appear to spend more time thinking up spin for how to cover up what a mess they are making and whose interests they work for than actually doing things to address the interests of the greatest number of New Zealanders.

    This country will be much improved under a left-wing Government.

    Cheers to the Greens, Labour and Mana.

    • karol 6.1

      Yes, it’s an interesting innovation. There are examples of Green Banks in operation, but the Aussie government is going to close there’s. Does this mean it could become a political football with a Nat government of the future axing it?

      It looks good in that it offers a carrot and stick approach – investment support for green initiatives; end of subsidies and higher taxes on fossil fuel extraction.

      I’m not keen on the mention that the likes of this, as mentioned in the Green Party policy document:

      Bank of America Merrill Lynch, Citi, JPMorgan, Deutsche Bank, Goldman Sachs,
      HSBC, and Morgan Stanley – recently released the governance framework for a green bond
      market.

      • blue leopard 6.1.1

        Hmm, yes I see what you mean. I hadn’t looked at the detail and unclear what that bit about those banksters meant. (Whether they will be involved or simply that they are doing similar things). I wonder, though, if it means that if those big troughers are involving themselves in this sort of thing, then it is likely to mean it is a profitable activity? (!)

        Interesting to read that other places have got them. I guess I’ll have to read up on how they are going.

  7. Disraeli Gladstone 7

    I think it’s a really decent policy. It’s realistic but ambitious. Nice stuff by the Greens.

    I fully expect Steve Joyce will label it as the First Horseman of the Apocalypse by tomorrow morning.

Recent Comments

Recent Posts

  • National’s cuts shave $100K off KiwiSaver by retirement
    New analysis shows National’s constant cuts to KiwiSaver will reduce the average worker’s retirement savings by $100,000 over their working life, Leader of the Opposition Andrew Little says. “The former Labour Government launched KiwiSaver nine years ago today to boost ...
    1 day ago
  • TPK struggles to measure Whānau Ora outcomes
    The Government needs to explain why so many vulnerable whanau are falling through the cracks, Labour’s Whānau Ora spokesperson Nanaia Mahuta says. The Minister of Māori Development Te Ururoa Flavell attended the Māori Affairs Select Committee to highlight “gains” – ...
    1 day ago
  • EY: TPP stamp duties on foreigners may have to apply to Kiwis
    The Government’s claim that a TPP-enabled tax on foreign buyers would amount to a ban has been exposed as folly by tax experts, who say that in most cases a tax would apply to Kiwi buyers too, says Labour’s Trade ...
    2 days ago
  • Project 300 short on facts
    A Minister’s pet scheme to employ 300 disabled people in Christchurch seems to be short on facts, says Labour’s Disability Issues spokesperson Poto Williams.  “Nicky Wagner cannot provide solid evidence to show that her much vaunted Project 300 has actually ...
    2 days ago
  • Who are they going to call?
    A cry for help from New Zealand’s longest-running crisis line highlights chronic underfunding of the sector by the Government, Labour’s Health spokesperson Annette King says. “Lifeline is THE go-to helpline for people in crisis, taking up to 180,000 calls each ...
    2 days ago
  • Five months too long for homeless to wait
    New figures revealing homeless people registered with Work and Income are waiting an average of 155 days to be housed shows the Government is totally overwhelmed by the housing crisis, Labour’s Social Development spokesperson Carmel Sepuloni says. “What’s worse is ...
    3 days ago
  • Minister in cloud cuckoo land
    Hekia Parata needs a very big reality check if she truly believes every parent has the choice of sending their child to a private school, Labour’s Education spokesperson Chris Hipkins says. Questioned in the House today about plans to pump ...
    3 days ago
  • Convention centre failure means years of uncertainty for CBD
    The failure of Gerry Brownlee’s planned convention centre deal leaves Christchurch facing uncertainty about when activity will be restored to the CBD, says Labour’s Canterbury spokesperson Megan Woods. “As one of the CBD’s major anchor projects, the convention centre complex ...
    3 days ago
  • PCE proves water quality still deteriorating
    The PCE State of the Environment Report shows that river water quality is continuing to get worse across large parts of New Zealand, says Labour’s Environment and Water spokesperson David Parker. “Water quality has deteriorated in Canterbury, Central Otago, Auckland, ...
    3 days ago
  • Families with new babies victims of today’s veto
    Families with new babies are the victims of an historical “first” for the New Zealand Parliament today. “For the first time ever, a Bill will have a third reading debate and no vote will be taken at the end because ...
    3 days ago
  • Crime on the rise…again!
    The Police Minister’s contention that Police have enough resources to meet the expectations of New Zealand communities is not reflected in the Police’s own statistics, says Labour’s Police spokesperson Stuart Nash.  “Yet again, reported burglaries have increased in every region ...
    3 days ago
  • Private schools beneficiaries of extra cash
    Plans to give more taxpayer money to private schools at a time when state schools are struggling to make ends meet says everything about the National Government’s twisted priorities, Labour’s Education spokesperson Chris Hipkins says. “Not only did this year’s ...
    4 days ago
  • Inequality getting worse under National
    Inequality is getting worse under National with almost 60 per cent of the wealth in this country concentrated in the hands of the top 10 per cent according to Statistics NZ figures released today, says Labour’s Finance spokesperson Grant Robertson. ...
    4 days ago
  • Government freezes elderly out of insulation subsidy
    Government cuts to the Warm Up New Zealand insulation subsidy means it will now only be available for rental properties and could leave many elderly homeowners cold this winter, Opposition Leader Andrew Little says. “In this year’s Budget the Government ...
    5 days ago
  • Shewan report delivers rebuke to National
    John Shewan’s report into foreign trusts is a rebuke to John Key and the National Party who have protected an industry that has damaged New Zealand’s reputation, says Labour’s Finance spokesperson Grant Robertson. “Three years ago the Inland Revenue Department ...
    5 days ago
  • Auckland Airport rail analysis must be made public
    The Government should publicly release its detailed analysis of rail to Auckland Airport before it closes off options, so the public can have an informed debate, says Labour’s Auckland Issues spokesperson Phil Twyford. The Transport Agency today said it is ...
    5 days ago
  • Minister approved OIO consent despite death and investigations
    Louise Upston must say if she knew Intueri was being prosecuted for the death of a student and under a funding investigation when she approved its overseas investment consent to buy another education provider, says Labour’s Land Information and Associate ...
    6 days ago
  • Brexit vote costs NZ effective EU voice
    Despite being extremely close the result of the referendum in Britain reflects the majority voice, Labour’s Foreign Affairs spokesperson David Shearer says. “While we respect the decision to leave the EU, it goes without saying the move will usher in ...
    1 week ago
  • Pasifika Education Centre doomed
    The Pasifika Education Centre appears doomed to close down this December, says Labour’s Pacific Island Affairs spokesperson Su’a William Sio  “In a written question I asked the Minister whether he would put a bid in for more money. His answer ...
    1 week ago
  • Onetai Station review a shameful whitewash
    A report released today on the Overseas Investment Office’s (OIO) good character test is a whitewash that does nothing to improve New Zealand’s overseas investment regime, says Labour’s Land Information spokesperson David Cunliffe. “The review of the good character test ...
    1 week ago
  • We need a national strategy to end homelessness now
    Long before I entered Parliament, housing and homelessness were issues dear to my heart. I know from personal experience just how hard it is to find an affordable home in Auckland. In my maiden speech, I talked about how when ...
    GreensBy Marama Davidson
    1 week ago
  • Capital feels a chill economic wind
      Wellington is on the cusp of recession with a sharp fall in economic confidence in the latest Westpac McDermott Miller confidence survey, says Labour’s Regional Development spokesperson David Clark.  “Economic confidence amongst Wellingtonians has dropped 12% in the past ...
    1 week ago
  • Dive school rort took six years to dredge up
    News that yet another private training establishment (PTE) has rorted the Government’s tertiary funding system since 2009 shows that Steven Joyce has no control of the sector, says Labour’s Associate Education (Tertiary) spokesperson David Cunliffe. “Like Agribusiness Training and Taratahi, ...
    1 week ago
  • National’s housing crisis hitting renters hard
    National’s ongoing housing crisis is causing massive rental increases, with Auckland renters being hit the hardest, says Labour’s Housing spokesperson Phil Twyford. ...
    1 week ago
  • A Day with the PSA
    This week, along with Labour MP Kris Faafoi, I accepted an invitation to spend a day working alongside the good folk at the Public Service Association in Wellington. As the Workplace Relations and Safety spokesperson for the Greens, I was ...
    GreensBy Denise Roche
    1 week ago
  • A Day with the PSA
    This week, along with Labour MP Kris Faafoi, I accepted an invitation to spend a day working alongside the good folk at the Public Service Association in Wellington. As the Workplace Relations and Safety spokesperson for the Greens, I was ...
    GreensBy Denise Roche
    1 week ago
  • Government holds Northland back
    New information shows Northland remains the most economically depressed region in New Zealand, says Labour’s Regional Development spokesperson David Clark. “The latest Westpac McDermott Miller regional survey found that more Northlanders believe their local economy will deteriorate this year than ...
    1 week ago
  • Rebstock report into MFAT leaks a disgrace
    An Ombudsman’s report on the Paul Rebstock investigation into MFAT leaks shows the two diplomats at the centre of the case were treated disgracefully, says Labour’s State Services spokesperson Kris Faafoi.  “The Ombudsman says one of the diplomats Derek Leask ...
    1 week ago
  • More families forced to turn to food banks for meals
    Increasing numbers of families are having to go to food banks just to put a meal on the table, according to a new report that should shame the Government into action, says Labour’s Social Development spokesperson Carmel Sepuloni. ...
    1 week ago
  • We have a housing emergency in New Zealand
    Auckland, New Zealand, where house prices have risen 20 percent in the last year alone We have a housing emergency in New Zealand.  Like many people we are ashamed and angry that in a wealthy country like ours, we have ...
    GreensBy Eugenie Sage
    1 week ago
  • We have a housing emergency in New Zealand
    Auckland, New Zealand, where house prices have risen 20 percent in the last year alone We have a housing emergency in New Zealand.  Like many people we are ashamed and angry that in a wealthy country like ours, we have ...
    GreensBy Eugenie Sage
    1 week ago
  • Aussie reforms signal trouble ahead for school funding plan
    Plans by the Government to return to bulk funding are likely to see increased class sizes and schools most in need missing out on much-needed resources, Labour’s Acting Education spokesperson Grant Robertson says. “The signaled return to bulk funding is ...
    1 week ago
  • Toxic Sites – the down low on the go slow
    In  2011, I negotiated an agreement with the National Government to advance work on cleaning up contaminated sites across the country. This included establishing a National Register of the ten worst sites where the creators of the problem could not ...
    GreensBy Catherine Delahunty
    1 week ago
  • Aucklanders face new motorway tax of up to $2500 a year
    The Government wants to tax Aucklanders thousands of dollars a year just to use the motorway network, says Labour’s Auckland Issues spokesperson Phil Twyford. “Officials estimate the average city commute is 11.8km. This means for the average Aucklander commuting five ...
    1 week ago
  • 15 corrupt bank managers identified in student fraud
    New information show 15 bank managers in India have been identified by Immigration New Zealand as presenting fraudulent documents on behalf of foreign students studying here, Labour’s Immigration spokesperson Iain Lees-Galloway says. “Documents obtained by Labour under the Official Information ...
    1 week ago
  • National leaves Kiwi savers the most vulnerable in OECD
    News last week that Israel’s Finance Minister will insure savers’ bank deposits means New Zealand will be left as the only country in the OECD that has no deposit insurance to protect savers’ funds should a bank fail. Most Kiwis ...
    GreensBy James Shaw
    2 weeks ago
  • Comprehensive plan for future of work needed
    A Massey University study showing many New Zealanders are unaware of the increasing role of automation in their workplace, highlights the need for a comprehensive plan for the future of work, says Grant Robertson, Chair of Labour’s Future of Work ...
    2 weeks ago
  • Another National Government failure: 90 day work trials
    On Friday last week, the Treasury released a report by MOTU economic consultants into the effectiveness of the controversial 90-day work trial legislation. The report found that there was “no evidence that the policy affected the number of hires by ...
    GreensBy Denise Roche
    2 weeks ago
  • Iraq mission extension case not made
    The Prime Minister has not made the case for extending the Iraq deployment another 18 months nor the expansion of their mission, says Opposition Leader Andrew Little.  “Labour originally opposed the deployment because the Iraqi Army’s track record was poor, ...
    2 weeks ago
  • Denial is a long river
    William Rolleston from Federated Farmers made the absurd claim on RNZ on Saturday that “we actually have very clean rivers”. This statement doesn’t represent the many farmers who know water quality is in big trouble and are working to clean ...
    GreensBy Catherine Delahunty
    2 weeks ago
  • Denial is a long river
    William Rolleston from Federated Farmers made the absurd claim on RNZ on Saturday that “we actually have very clean rivers”. This statement doesn’t represent the many farmers who know water quality is in big trouble and are working to clean ...
    GreensBy Catherine Delahunty
    2 weeks ago
  • Melanoma deaths could be avoided by an early access scheme
      The tragic death of Dunedin’s Graeme Dore from advanced Melanoma underlines the cruelty of this Government in promising a treatment but delaying for months, says Labour’s Health Spokesperson Annette King.  “Graeme was diagnosed with Melanoma last year. He used ...
    2 weeks ago
  • Assessing the Defence White Paper
    The Government’s recently released Defence White Paper has raised questions again about New Zealand’s defence priorities, and in particular the level and nature of public funding on defensive capabilities. The Green Party has a longstanding belief that priority must be ...
    GreensBy Kennedy Graham
    2 weeks ago
  • Kiwis’ confidence drops again: Economy needs a boost
    Westpac’s consumer confidence survey has fallen for the seventh time in nine quarters, with middle income households ‘increasingly worried about where the economy is heading over the next few years’, says Labour’s Finance spokesperson Grant Robertson. “This survey is a ...
    2 weeks ago
  • Relocation grant simply kicks can down the road
    The response by state house tenants and social agencies to the Government’s rushed plan to shift families out of Auckland tells us what we already knew – this is no answer to the chronic housing shortage, Opposition Leader Andrew Little ...
    2 weeks ago
  • Peace hīkoi to Parihaka
    On Friday a Green crew walked with the peace hīkoi from Ōkato to Parihaka. Some of us were from Parliament and some were party members from Taranaki and further afield. It was a cloudy but gentle day and at one ...
    GreensBy Catherine Delahunty
    2 weeks ago
  • Children’s Commissioner right to worry about CYF transition
    The Government must listen to the Children’s Commissioner’s concerns that young people under CYF care could be ‘negatively impacted’ as the new agency’s reforms become reality, says Labour’s Children’s spokesperson Jacinda Ardern. “Dr Russell Wills has used the second annual ...
    2 weeks ago
  • Bill English exaggerates PPL costs to justify veto
    The Finance Minister has used trumped-up costings to justify a financial veto against parents having 26 weeks paid parental leave, says Labour MP Sue Moroney. “Bill English’s assertion on RNZ yesterday that the measure would cost an extra $280 million ...
    2 weeks ago
  • Government must refund overcharged motorists
    Labour is calling on the Government to refund motor registration fees to three-quarters of a million Kiwi motorists whose vehicles were wrongly classified under National’s shambolic ACC motor vehicle risk rating system, Labour’s ACC spokesperson Sue Moroney says.“Minister Kaye’s ridiculous ...
    2 weeks ago
  • 90-day work trials an unfair failure which must change
    A new Treasury report shows the Government’s 90-day trials haven’t helped businesses and are inherently unfair, Labour’s Workplace Relations spokesperson Iain Lees-Galloway says. “The Motu report found that 90-day trial periods had no impact on overall employment and did not ...
    2 weeks ago

Public service advertisements by The Standard

Current CO2 level in the atmosphere