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

  • Saudi sheep deal still stinks
    Documents released today confirm Treasury were not aware of any threat of legal action from a Saudi businessman to justify the Government handing over millions of dollars in taxpayers’ money, Labour MP David Parker says. “Almost $12 million has been ...
    1 day ago
  • Assaults up over the past year
    The Government needs to take a good look at the latest statistics  out today from the Statistics Department that shows there were 3,000 more assaults in 2015-16 than the previous year, says Labour’s Police spokesperson Stuart Nash.  “That  is a ...
    1 day ago
  • More last minute policy from a Government with no housing plan
    Paula Bennett’s policy to fund $9 million worth of support services is much-needed help for the homeless but smacks of yet another last minute, short-sighted and piecemeal decision, Leader of the Opposition Andrew Little says. “Funding services for two years ...
    1 day ago
  • SFO given more info on ex Ministry staffer
    More information on the background and past activities of a former senior Ministry of Transport manager, being investigated for alleged fraud, is coming to light, Labour’s Transport Spokesperson Sue Moroney says. “Today, I have ensured that information on Joanne Harrison’s ...
    2 days ago
  • Petition for free vote on Shop Trading Hours Bill
    “Labour is petitioning the Government to allow National Party MPs to have a free vote over Easter shop trading legislation, says Pacific Island Affairs spokesperson Su’a William Sio.  “The Bill which allows shop trading on Easter Sundays has just had ...
    2 days ago
  • Council must build on heritage, not destroy it
    Auckland Council must move to ensure there are heritage protections in place following recommendations that demolition restrictions be tossed out, Labour’s Arts, Culture and Heritage spokesperson Jacinda Ardern says. The panel considering the Unitary Plan has recommended removing partial protections ...
    2 days ago
  • Numbers of Māori waiting for homes grows
    With the number of Māori households waiting for homes increasing by more than 20 per cent in the past year, it’s time the Māori Party admits its support of the Government’s state house sell-off has made life worse for whānau, ...
    2 days ago
  • Children’s ministry, but only for some
    The Government is stigmatising a whole cohort of young New Zealanders while leaving others behind with its creation of a Ministry for Vulnerable Children, Labour’s Children’s spokesperson Jacinda Ardern says. “Confirmation of the move by Hekia Parata, an acting Minister, ...
    2 days ago
  • QUESTIONS FOR (ORAL) ANSWER – Thursday 28TH OF JULY
    While Parliament might be in recess, there are still plenty of things that Ministers need to answer for. So the Labour team has put together six of the best questions that the Government should be answering today (plus a special ...
    3 days ago
  • Fee fi fo fum…tax swindle comes undone
    At the same time the Government is looking to pump more cash into private schools the IRD is investigating several over a tax swindle which allows parents to falsely claim private school fees as donations and claim a rebate, Labour’s ...
    3 days ago
  • Government scuppers affordability requirements
    The Government must explain why the panel considering Auckland’s unitary plan removed affordability requirements at the behest of the Ministry of Business, Innovation and Employment and Housing NZ, Leader of the Opposition Andrew Little says. “Labour welcomes the Independent Hearing ...
    3 days ago
  • National pushes on with failed state house sell-off
    Merchant bankers, overseas companies and property developers will be lining up to buy 364 state houses in Horowhenua during two days of “market sounding” meetings starting tomorrow, Leader of the Opposition Andrew Little says. “Despite a housing crisis and families ...
    3 days ago
  • QUESTIONS FOR (ORAL) ANSWER- WEDNESDAY 27TH OF JULY
    While Parliament might be in recess, there are still plenty of things that Ministers need to answer for. So the Labour team has put together six of the best questions that the Government should be answering today (plus a special ...
    4 days ago
  • Andrew Little’s International Affairs Speech
    Tena Koutou Katoa Can I begin by acknowledging: Sir Doug Kidd, President, NZ Institute of International Affairs Maty Nikkhou-O’Brien, Executive Director, who did all the organising for today’s event. Labour’s foreign affairs spokesperson David Shearer. Victoria University of Wellington law ...
    4 days ago
  • Inquiry into surgical mesh needed now
    The Government must urgently launch a Ministerial inquiry into surgical mesh after more than 500 patients have lodged claims of complications with the ACC, say Labour’s Health spokesperson Annette King.  “This is the most widespread crisis involving surgical devices in ...
    4 days ago
  • Crime on the increase yet again
    Police Minister Judith Collins’ contention that crime is falling has proven to be wrong yet again, with latest Police statistics showing an increase in most crimes, Labour’s Police spokesperson Stuart Nash says. “Figures for June 2016 show an increase in ...
    4 days ago
  • Major reform of careers and apprenticeships to meet Future of Work
    The next Labour Government will transform careers advice in high schools to ensure every student has a personalised career plan, Leader of the Opposition Andrew Little says. “Today I am announcing the next Labour Government will commit to a major ...
    4 days ago
  • DOC struggles on the pest front undermine Nats’ predator-free promise
    The Government’s planned predator-free initiative comes at the same time as the Department of Conservation is facing major challenges to keep pest numbers down, says Labour’s Conservation spokesperson Nanaia Mahuta.  “DOC’s annual report shows it failed on 5 out of ...
    4 days ago
  • QUESTIONS FOR (ORAL) ANSWER- TUESDAY 26TH OF JULY
    While Parliament might be in recess, there are still plenty of things that Ministers need to answer for. So the Labour team has put together six of the best questions that the Government should be answering today (plus a special ...
    4 days ago
  • Unfunded CYF a ticking time bomb
    The Ministry of Social Development is sitting on a ticking time bomb with Child, Youth and Family out of pocket by $56 million despite increased demand for its services, Labour’s Children’s spokesperson Jacinda Ardern says. “The new entity that’s replacing ...
    5 days ago
  • Lack of any real funding in predator free proposal
    Predator Free New Zealand is a laudable idea but the Government has not committed any real money into killing New Zealand’s pests, says Labour’s Conservation spokesperson Nanaia Mahuta.  “The $28 million earmarked for this project is just to set up ...
    5 days ago
  • Andrew Little Speech to LGNZ Conference
    Thank you for having me here today. Local Government New Zealand’s work of advocating for New Zealand’s 78 local councils is critical as we upgrade New Zealand’s economy, and make sure it’s delivering for all our people. Whether in Auckland, ...
    5 days ago
  • John Key must sack out-of-depth Trade Minister
    The Prime Minister must sack Todd McClay for failing to do his job as Trade Minister and be on top of a significant potential threat to some of our biggest exporters, Opposition Leader Andrew Little says. “Todd McClay is clearly ...
    5 days ago
  • 45,000 Kiwis sent back to their GPs
    Last year nearly 45,000 Kiwis were sent back to their GPs without getting to see specialists they were referred to, says Labour’s Health spokesperson Annette King. “This is a shocking figure and underlines how far the cut of $1.7 billion ...
    5 days ago
  • Half a million smells like pure cronyism
    The National/ACT Government’s decision to pump hundreds of thousands of taxpayer dollars into a new lobby group to advocate for charter schools shows just how much of a failure their ideological experiment has become, Labour’s Education spokesperson Chris Hipkins says. ...
    5 days ago
  • Select committee changes Kermadec/Rangitāhua Ocean Sanctuary Bill
    Photo by Tom Hitchon Parliament’s Local Government and Environment Committee has made many changes to the Kermadec/Rangitāhua Ocean Sanctuary Bill in response to public submissions, particularly submissions from iwi authorities and Te Ohu Kaimoana.   Read the amended Bill and the ...
    GreensBy Eugenie Sage
    1 week ago
  • Housing map a hit as crisis spreads across NZ
    More than 55,000 New Zealanders have used Labour’s interactive housing map in its first week to see how the housing crisis is affecting their local community, Labour Housing spokesperson Phil Twyford says. “Our innovative map shows the housing crisis is ...
    1 week ago
  • Bridges must come clean about fraud within transport
    Hundreds of thousands of dollars of public money have gone missing and  the Minister of Transport, Simon Bridges must come clean after the Labour party revealed that a senior manager is being investigated for serious fraud, says Labour’s Transport Spokesperson ...
    1 week ago
  • Labour supports Spencer victory
    Labour congratulates Margaret Spencer for her tireless efforts in challenging the Government over family carer rights, says Labour’s Deputy Leader Annette King. ...
    1 week ago
  • US Warship visit welcomed by Labour
    Labour sees the United States warship visit as a red letter day for New Zealand’s non-nuclear status, which is core to our identity and has defined us a nation for 30 years, says Labour’s Deputy Leader Annette King. ...
    1 week ago
  • Time for honest dairy sector conversation
    ...
    1 week ago
  • What next? Dog kennels?
    Social Housing Minister Paula Bennett needs to explain why the Government thinks it is acceptable for it to refer families to live in garages and sheds, says Labour’s Housing spokesperson Phil Twyford. “This is a new low, just when you ...
    1 week ago
  • Banks bust a move, Government possum in the headlights
    Three of the big four banks have acted responsibly by bringing the shutters down on property speculators earlier than required by the Reserve Bank, says Labour’s housing spokesperson Phil Twyford. “It’s a shame the Government isn’t as motivated to act ...
    1 week ago
  • Latest OECD dairy forecast raises serious questions for economy
    The latest global dairy price forecast shows that New Zealand dairy farmers will not reach a break-even payout before 2019 at the earliest, and will not reach the dairy price factored into this year’s Budget until after 2025, Labour’s Finance spokesperson ...
    1 week ago
  • National’s reckless, out of touch approach to economy exposed
    Today’s economic assessment from the Reserve Bank highlights the danger to the New Zealand economy from a National government that is recklessly complacent in the face of a housing crisis and a struggling export sector, Labour’s Finance spokesperson Grant Robertson says. ...
    1 week ago
  • GP’s visits get more expensive
      Visiting the GP is set to become more expensive after the Government ignored warnings that people were not receiving access to affordable  healthcare, says Labour’s Health spokesperson Annette King.  “Over 400,000 New Zealanders who should be able to access ...
    2 weeks ago
  • Farm prices bear brunt of dairy downturn
    The slump in dairy prices that has seen farm prices drop to their lowest level since 2012 and down a third from their peak in 2014 will be of concern to farmers, banks and our overall financial stability, Labour’s Finance ...
    2 weeks ago
  • Reserve Bank “gets on with it”, National carries on in denial
    The proposal by the Reserve Bank to tighten loan to value ratios for investors shows they are prepared to do their bit to crack down on speculators, while National is still stuck in denial mode, Labour’s Finance spokesperson Grant Robertson says. ...
    2 weeks ago
  • Housing crisis holds up interest rate cuts
    The housing crisis that National still wants to deny is stifling the New Zealand economy, says Labour’s Finance Spokesperson Grant Robertson. “The latest Consumers Price Index shows that all prices excluding housing and household utilities decreased 0.5 per cent – ...
    2 weeks ago
  • Housing crisis holds up interest rate cuts
    The housing crisis that National still wants to deny is stifling the New Zealand economy, says Labour’s Finance Spokesperson Grant Robertson. “The latest Consumers Price Index shows that all prices excluding housing and household utilities decreased 0.5 per cent – ...
    2 weeks ago
  • Govt’s state house sell-off ramping up
    Government plans to ramp up the state house sell-off by selling another 1000 houses in 2016/17 will mean more families in need missing out, says Leader of the Opposition Andrew Little. “New figures show the Government plans to sell 1000 ...
    2 weeks ago
  • Govt’s state house sell-off ramping up
    Government plans to ramp up the state house sell-off by selling another 1000 houses in 2016/17 will mean more families in need missing out, says Leader of the Opposition Andrew Little. “New figures show the Government plans to sell 1000 ...
    2 weeks ago
  • National must reassure exporters on dumping case
        The National Government needs to show our key exporters that they are in control of any anti-dumping case against China before it damages some of our most important industries, Labour’s Finance spokesperson Grant Robertson says.     ...
    2 weeks ago
  • National must reassure exporters on dumping case
        The National Government needs to show our key exporters that they are in control of any anti-dumping case against China before it damages some of our most important industries, Labour’s Finance spokesperson Grant Robertson says.     ...
    2 weeks ago
  • Papers describe litany of incredulity
    Treasury documents which slate the Government’s plans for a national bowel screening programme confirm the proposal was nothing more than a political stunt to cover up underfunding of the health sector, Labour’s Health spokesperson Annette Kings says.  The papers were ...
    2 weeks ago
  • Effect of rampant house prices widens
    The latest house price figures from REINZ show the housing crisis expanding throughout the country, says Labour’s Housing spokesperson Phil Twyford. “We are seeing steep increases in median house prices in Central Otago Lakes – up 42.4% in the last ...
    2 weeks ago
  • Public invited to have say on homelessness
    People who are homeless, those who were once homeless, those working with the homeless and concerned New Zealanders are being asked to share their experiences and solutions to this growing issue with the Cross-Party Homelessness Inquiry. This inquiry was launched ...
    2 weeks ago
  • Sorry seems to be the hardest word
    An apology from Hekia Parata to the people of Christchurch is long overdue, Labour's Education spokesperson Chris Hipkins says. "As if the earthquakes weren't traumatic enough, Hekia Parata and the Ministry of Education then attacked the one thing that had ...
    2 weeks ago
  • Housing crisis affecting more than 98 per cent of NZ
    Labour’s new housing map shows the housing crisis is now affecting more than 98 per cent of New Zealand, Leader of the Opposition Andrew Little says. “Housing pressures have seen house prices rise faster than wages in all but four ...
    2 weeks ago
  • Uber might not be a taxi firm but it must pay tax
    Uber needs to explain how it paid only $9000 in tax when it earned $1m in revenue and is one of the fastest growing companies in the country, says Labour’s Finance spokesperson Grant Robertson. “Uber New Zealand appears to be ...
    2 weeks ago

Public service advertisements by The Standard

Current CO2 level in the atmosphere