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What’s the economy? or why energy matters

Written By: - Date published: 4:08 pm, January 8th, 2009 - 35 comments
Categories: economy, Environment - Tags: ,

The more I learn about energy, and peak oil in particular, the more concerned I get. So, in the spirit of the season, I thought I would share some of it with you. I’ll get to some concrete things we need to start doing now to mitigate as much as we can the impact of falling oil supplies in the coming years. But before I do that I think a post or two on peak oil itself and its impacts would be a good idea. And, before that, a post on why energy is so important.

So, what is the economy? Basically, it is the conversion of naturally-occurring raw materials into forms we find more useful (and the provision of services, most of which use equipment created from raw materials). All of this wealth creation (conventional economic measures place no value on nature) requires work, in the scientific sense (the transfer of energy from one system to another), to be done. It requires energy turn raw materials into more ‘valuable’ goods. In essence, the economy is the use of energy, whether that energy be supplied by humans, animals, or, mostly these days, from fossil fuels.

Neoclassical economics doesn’t really understand the ramifications of this all that well (neoclassical economics is the economics that we are led to believe is the only economics at school, at university, and in the media). In fact, neoclassical economics doesn’t understand the economy very well at all. Neoclassicism looks at just two types of input, capital and labour, and it assumes (because it lives in a make-believe world) that prices accurately reflect value. So, if 50% of GDP goes to labour and 50% to capital then adding 1% to the labour input would increase the GDP by 0.5%, same with capital, and increases in those inputs should explain all economy growth. Problem is they don’t. Only a fraction of economic growth is explained by increases in capital and labour – the rest, the so-called Sowol Residual, is actually most economic growth and is vaguely attributed to technological progress.

It turns outthat if you look at the percentage increases in energy used (note not just expended but used, so efficiency gains matter too) it matches economic growth almost precisely. That means something very important. We’ve got wealthier (ie converted more raw materials into goods and equipment for services), by using more and more energy, mostly fossil fuels, especially oil (37% of the world’s energy supply comes from oil, 85% from all fossil fuels). To grow our economies we need to use more energy every day and use it more efficiently.

So, what will happen when the day comes that the supply of oil starts to fall? Unless there are dramatic gains in thermodynamic efficiency, less energy means are smaller economy to be divided amongst evermore people. Simple as that. Tomorrow, I’ll write about when that’s going to happen.

35 comments on “What’s the economy? or why energy matters”

  1. Ari 1

    And for everyone reading something like this for the first time: Welcome to Green Economics, that disastrous theory that’s supposed to destroy your economic livelihood ;P

  2. vto 2

    Your starting point appears wobbly and off balance. The economy is simply a financial description of daily human activity. The fact that that human activity (in fact any human, animal, plant or even inorganic activity) requires energy is merely tangential.

    Now back to the fish.. caught a whopper sea-run trout last night.

  3. randal 3

    its all a question of mind over mattter
    we dont mind and you dont matter

  4. Ag 4

    So, what is the economy? Basically, it is the conversion of naturally-occurring raw materials into forms we find more useful (and the provision of services, most of which use equipment created from raw materials

    This can’t be right. If I buy an area of outstanding national beauty and simply leave it alone so people can enjoy it, I have done nothing to it (although I have prevented right wingers from turning it into a golf course, luxury condominiums or a concentration camp or any of those other things that right wing people like).

    Some naturally occurring phenomena have value to human beings simply as they are. An economics that ignores this is not worth the name.

  5. Ag. I agree that it is disgraceful to ignore the value of naturally occuring things but in conventional economic measures like GDP natural services (oxygen production, beauty etc) are worthless. If you bought that land and left it ‘fallow’ you would be contributing nothing to GDP, although you would undobutably be making us wealthier in a wider sense. When we talk about our economy, we are tlaking about artifical (ie man-made) stuff.

  6. djp 6

    I agree with the basic point (that energy use matches economic growth)

    but

    All energy used by humans comes ultimately from the sun (except geothermal I guess)… this is for all intents and purpoises a limitless supply

    All we need is more ingenious ways of harvesting it

  7. Jum 7

    Welcome to Marilyn Waring guys. ‘Counting for Nothing’ – Air, water, unpaid work, kindness, empathy…(refer the slaughter of the sealions).

    Waring informed women, in particular, that the National Accounting System recorded their unpaid work at home as ‘un-productive’.

    Water is in danger of being swallowed by those who will then sell it back to us at grossly inflated prices. If anyone can keep an eye on this stealthy takeover by Nact, you can Standard.

    It would also appear, Steve Pierson, that in order to produce man-made stuff, we have to wilfully destroy nature. There’s clearly something horribly wrong here.

  8. djp. yup there’s heaps of energy in the universe, but the issue is getting it in the quantities that we need in forms we can use with our current tech. I’m a techno optimist but we haven’t got the tech yet and we don’t have a lot of time

  9. outofbed 9

    Unless there are dramatic gains in thermodynamic efficiency, less energy means are smaller economy to be divided amongst evermore people.

    and that is the elephant in the room population growth
    like bacteria in a Petri dish keep, expanding till all resources are used up and then die
    It is impossible to have unlimited growth
    Population / resource use has to be more in balance or our grandchildren ain’t going to have a particularly nice time of it,
    Come to think of it a high proportion of the worlds grandchildren ain’t having a nice time of it now

    Still at least we are getting tax cuts eh ?

  10. Ag 10

    When we talk about our economy, we are tlaking about artifical (ie man-made) stuff.

    Then I think that such a “science” is worthless. What we should be talking about is the management of resources and institutions to promote human ends. That includes everything that people value.

    Most economics is silly anyway. It has taken them how many years to wake up to the fact that people do not behave as their models predict? Finally, behavioural economists are starting to gain some traction. At least there is actual, empirical evidence for their claims. The rest of them have been exposed as sorcerers and occasional lucky guessers. As the current economic disaster has demonstrated, most of them do not have much of a clue.

    As it is, economics would be better served by thinking of human beings as being like a destructive energy eating virus. The only real question we need to ask is whether the virus is capable of waking up and changing its behaviour before it destroys its host and by extension itself.

  11. Peter Wilson 11

    Good post Steve. It is alarming indeed that even among the 20th Century economists I most respect (i.e Keynes / Galbraith) there is almost no understanding of the fundamental role that energy plays within the system. I guess that omission can be contributed to the period in which they were writing and thinking, which was well before we sharply woke up to the limits on growth in the 1970s (and then forgot all about them again in the 1980s…).

    For some good, if rather sobering holiday reading, I do recommend you all have a look at John Michael Greer’s site at http://thearchdruidreport.blogspot.com/. He maps out the future in an energy-constrained world in a way few others can.

  12. Rex Widerstrom 12

    So, what is the economy? Basically, it is the conversion of naturally-occurring raw materials into forms we find more useful (and the provision of services, most of which use equipment created from raw materials).

    Coincidentlly I’ve just been outside catching some sun and re-reading “Voltaire’s Bastards” by John Ralston Saul. And I’d just got to the bit (p237 in my paperback edition) where he says:

    …the ability of governments to effect economic development has been severely handicapped by a growing reliance on service industries for growth… These sectors, it goes without saying, also fourish on on labour which is low wage, part time and insecure, thus creating a false sense of having solved part of the job-creation problem. This growth in services also leaves Western economies dependent upon the most unstable area of economic activity, which is the first to collapse in an economic crisis. Put another way, service industries are to the economy what the uncontrolled printing of money is to monetary stability. They are both forms of inflation.

    Aside from the obvious truth of this in light of the recent financial collapse, how much of the energy use in the economy is expended producing nothing?

    Muldoon’s was last administration that saw NZ as making a living “off the sheep’s back”. From the ’84 Labour government onwards the plan has been to make NZ some sort of “knowledge economy” (indeed that term has been bandied about ad infinitum) with a good dollop of tourist dollars for good measure.

    Agriculture and manufacturing were gutted and anyone who decried it was derided as some sort of Luddite who didn’t recognise progress.

    Even the construction of “golf courses and luxury condominiums” (concentration camps would probably get fouled up in red tape from that abominable RMA, Ag ;-) ) is fuelling the service, not the productive economy.

    To cite but one example, we’ve allowed unprocessed logs to leave our ports for others to add value and, in some cases, ship the finished products back to us with, of course, a far greater margin attached. This was all in the name of “free trade” we were told, but don’t worry, we’ll get it all back when our export markets send their tourists over here and we can iron their pants and wave our pois at them.

    We’re now reaping, in so many ways – including the vast energy used to make zip – the lack of foresight by Labour and National leaders for the past 25 years.

  13. Peter Wilson 13

    If so Rex, that puts all the work undertaken from the 1930s to the 1980s to build up the New Zealand manufacturing sector in a new light. It might pay for us to start digging around in the back shelves of libraries for anything by Bill Sutch and modernise the ideas.

  14. ieuan 14

    Firstly Steve your definition of ‘economics’ is way off, as VTO points out ‘The economy is simply a financial description of daily human activity’.

    If I sell plums from one of my trees at my front gate for $2 a bag that is economics in action but has nothing to do with ‘energy conversion’.

    I also take issue with the idea that we will have to survive with ‘less energy’, what will happen (and is happening) with oil is that as supply falls the price will rise making that form of energy more expensive; this will result in two things, people will use that energy more efficiently and people will look for other types of energy that due to the increased cost of oil are now competitive and viable.

    Sure, with more expensive energy our rate of economic growth will slow but at the same time new energy sources will emerge and one day we will look back at our current orgy of oil consummation and wonder what we were thinking.

    [you've expended human energy to turn a naturally occurring raw material, fruit on a tree, into a food source, plums. And that's just if you're harvesting them from the wild, if you're plating seeds, growing a plum tree, pruning it, fertilising it, those are all energy expenditures, plus you're standing on the shoulders of all the energy that went into domesticating the plum tree in the first place. I'll get to the point about alternatives to oil - here's the sneak preview, don't just assume it's all going to be fine. SP]

  15. vto 15

    I think you’re all on the slightly wrong track.

    especially randal

    edit – except for ieuan above of course

  16. Ag 16

    Aside from the obvious truth of this in light of the recent financial collapse, how much of the energy use in the economy is expended producing nothing?

    Because without it capitalism would collapse. The fundamental reality of modern society is that there really isn’t a lot of real work to do any more. That’s why we have all these ridiculous McJobs. Does New Zealand really need all those lawyers?

    captcha: craft resigned

  17. RedLogix 17

    SP,

    I’ve googled for “Sowol Residual” and I don’t get any useful results. Could you clarify what is meant by it please?

    Here is an interesting question guys. I am an automation engineer. Consider what would happen if we finally get around to automating everything we currently think of as work. That hypothetically at least, we could feed, clothe and house everyone on the planet with only a tiny fraction of what we currently call ‘labour’.

    What would change? How would the economy work, what mechanisms might govern the distribution of wealth? Would this be a good or bad thing? Would capitalism survive, or would it become more deeply entrenched than ever?

  18. Janet 18

    Ieuan
    The plums didn’t grow without land, soil, water and sunshine. And petrol if the bag is plastic, trees if it is paper. And who spent energy picking them? Lots of energy used on your $2 bag of plums.

    And good that Marilyn Waring’s important work has been referred to. I bet it was a woman tending, picking and packing the plums for no pay.

  19. Greg 19

    Ohk, there’s a few issues with your argument here Steve. One. Peak oil. Myth. The notion that we will all continue to consume the same amount of oil (or even increse it) and one day just run out is laughable. Simple supply and demand economics explains the reality. As supply decreases (as you state) price increases, As price increases, demand decreases. Therefore many consumers take advantage of a substitute good which becomes economically viable as the price of oil increses – electric cars for instance. Also there is a greater incentive to invest in developing further substitutes as they will be worth more. Supply and demand will ensure we make a seamless transition away from oil – probably without even realising it.

    Two. For someone who professes to know better than most economists your missing a fairly basic economic concept on the idea of the corrolation between energy use and economic growth. That infamous ‘mysterious third variable’. Productivity. An increase in productivity causes an increase in wealth. The use of energy does not create wealth as you assert. Wealth merely allows you to use more energy – you can afford it. So obviously there is a corrolation – there is just no causation. That comes through productivity.

    Finally, your hypocrisy annoys me. Apparently anyone who denies climate change is stupid for going against the mass consensus of scientists. But its fine for you to disagree with the mass consensus of economists – you yourself acknowledge this is the case.

  20. Pascal's bookie 20

    Greg. I’m not sure I understand your objection.

    The problem with ‘peak oil’, as I understand the theory, is not that we will just run out of oil, but that the dwindling supply of oil will increase energy prices to far beyond what they are today.

    When you say that demand for oil will decrease as it’s price rises, isn’t that just another way of saying that we will not be able to afford the lifestyle we have today?

    That some new energy source, as yet to be announced, will be economic at the new energy price does not change this underlying fact. Energy prices will be much higher than what we are used to in real terms, therefore (all else being equal) we will be using less energy, so if we do not come up with some much more efficient ways to use energy, then our economic activity will be less than what is today. Or are you suggesting that the new energy source, that hasn’t been developed yet because of cheap oil, will actually end up being as cheap as, or cheaper than, oil has been for the last coupla’ hundred years?

  21. Your grasp of economics is as tenuous as your outlook on life.

  22. RedLogix 22

    Greg,

    The notion that we will all continue to consume the same amount of oil (or even increse it) and one day just run out is laughable.

    Yes it is laughable, because that is NOT what Peak Oil is. The rest of your argument falls over because you are addressing the wrong argument to the wrong subject.

    Therefore many consumers take advantage of a substitute good which becomes economically viable as the price of oil increses – electric cars for instance

    Again the argument fails because there are no feasible technical options for substituting the vast amount of energy oil provides us at present. Electric cars are only a relatively small part of a potential solution. Besides, where do you think the electricity for these cars will come from?

    That infamous ‘mysterious third variable’. Productivity. An increase in productivity causes an increase in wealth. The use of energy does not create wealth as you assert. Wealth merely allows you to use more energy – you can afford it.

    You really have not thought this through have you? Productivity is not a magic dust that when sprinkled on an economy makes everyone wealthier. Productivity is the ratio of output versus inputs. The main driver that improves this ratio is improved technology, which in turn is entirely dependent on available energy. Technology can usually be thought of as a labour amplifier. A road that might have taken a thousand men and bullocks a year to build, is now accomplished in far less time with a mere dozen people, some clever machines and a lot of energy.

    Without a viable source of energy, almost all materially productive technologies are useless. Up until recently the price of oil/energy was so low that it could be ignored for most practical economic purposes. Keynes and Galbraith, and most mainstream economists, lived in an era when the energy component of the economy, while vital, was relatively small and could be ignored. This is no longer true.

    The problem is that we are not running out of oil, but that we are producing it at about the maximum rate that we can physically achieve given the reality of finite sized oil fields and finite new discoveries. The supply and demand curves for oil are very interesting. This clip explains it very clearly:

    Oil Supply Demand

  23. Chris G 23

    greg seems to think peak oil is a myth because of supply and demand. Read any papers in the journals on the topic of oil recently? ‘Oh no not ‘dem socialist scientists!’ – riiiight.

    SP you also need to mention another failing of neoclassical economics and in fact most schools of thought in economics: Non priced value. All the righties will harp on about supply and demand and cost benefit. Trouble is the process of cost-benefit analysis has been this huge shortcut used by economists to decide net benefit… all the while excluding so many other variables in particular things that are not priced but have value.

    Learnt about that in my environmental economics paper – before anyone starts speculating I have no idea what I’m on about…. Or then are we back to that “being from ‘dem dam socialist universities!” a la Dad4J ? ahem.

  24. Pascal's bookie 24

    Thanks for that link Red.

  25. The top story of the year is that global crude oil production peaked in 2008.

    The media, governments, world leaders, and public should focus on this issue.

    Global crude oil production had been rising briskly until 2004, then plateaued for four years. Because oil producers were extracting at maximum effort to profit from high oil prices, this plateau is a clear indication of Peak Oil.

    Then in July and August of 2008 while oil prices were still very high, global crude oil production fell nearly one million barrels per day, clear evidence of Peak Oil (See Rembrandt Koppelaar, Editor of “Oil Watch Monthly,” December 2008, page 1) http://www.peakoil.nl/wp-content/uploads/2008/12/2008_december_oilwatch_monthly.pdf.

    Peak Oil is now.

    Credit for accurate Peak Oil predictions (within a few years) goes to the following (projected year for peak given in parentheses):

    * Association for the Study of Peak Oil (2007)

    * Rembrandt Koppelaar, Editor of “Oil Watch Monthly’ (2008)

    * Tony Eriksen, Oil stock analyst and Samuel Foucher, oil analyst (2008)

    * Matthew Simmons, Energy investment banker, (2007)

    * T. Boone Pickens, Oil and gas investor (2007)

    * U.S. Army Corps of Engineers (2005)

    * Kenneth S. Deffeyes, Princeton professor and retired shell geologist (2005)

    * Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

    * Chris Skrebowski, Editor of “Petroleum Review’ (2010)

    * Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

    * Energy Watch Group in Germany (2006)

    Oil production will now begin to decline terminally.

    Within a year or two, it is likely that oil prices will skyrocket as supply falls below demand. OPEC cuts could exacerbate the gap between supply and demand and drive prices even higher.

    Independent studies indicate that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

    Alternatives will not even begin to fill the gap. There is no plan nor capital for a so-called electric economy. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:’

    “By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame.”

    With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

    It is time to focus on Peak Oil preparation and surviving Peak Oil.
    http://survivingpeakoil.blogspot.com/
    http://www.peakoilassociates.com/POAnalysis.html

  26. Ari 26

    All energy used by humans comes ultimately from the sun (except geothermal I guess) this is for all intents and purpoises a limitless supply

    The sun does produce more energy than we could currently want to use, but we harness a vanishingly small percent of it. Firstly, most of the sun’s energy is fired off into deep space to show up as light in the night sky of very distant planets, and from our perspective is completely wasted. So, let’s focus on the stuff that hits earth, which is a small percentage, but still probably more than enough to run the global economy several times over. Most of the energy we receive from the sun goes to heating the planet so it doesn’t freeze over- obviously even if we could take it all, we would need to leave enough energy as heat to keep the planet hot enough for life to continue at temperatures somewhere above the level of Alaska.

    Some of our sunlight very slowly and inefficiently converts dead trees and other organic matter into coal and oil deposits over thousands of years- this is where a large share of our current energy comes from, and we are using it up much, much faster than it could ever be produced. Some goes into the uneven warming of the air and water that helps generate wind and tidal currents. Geothermal energy in part relies on the heat from the sun in order to capture, (otherwise it would go to thawing the crust slightly) which leaves nuclear energy as the only energy that doesn’t directly come from the sun- however the fuels we use for nuclear conversion are limited in much the same way as oil and coal are, except the event that produces them is even rarer- we’d need more particles carried to us from another nearby supernova in order to get more, and that could do a lot of damage to life on the planet. Not happening any time soon most likely, so nuclear is essentially a time-limited game as well- even if we open up the ability to burn cleaner and more abundant fuels like thorium.

    This is why the conversion to renewable energy is so important: It’s energy that directly or indirectly comes from the sun and will last at least until the thing starts expanding and gets too cold for continued human existence on our planet anyway. Wind has resource consent problems, (although there are many good sites remaining that could easily power much of the country. I think wind is actually the one example where the RMA works too well, as it seems residents’ complaints get taken with gravity that they are not given in other projects) hydro can be very destructive to lakes and is capped by water levels so it is unreliable in dry years, tidal is experimental at the moment and would need considerable encouragement but is much more reliable than either wind or solar and probably even more energy-rich, and finally solar has only just become cheap enough to pay for its own panels relatively quickly and become straight-up competitive with fossil fuels without considering its environmental impacts.

  27. Sam P 27

    “and that is the elephant in the room population growth
    like bacteria in a Petri dish keep, expanding till all resources are used up and then die
    It is impossible to have unlimited growth
    Population / resource use has to be more in balance or our grandchildren ain’t going to have a particularly nice time of it,
    Come to think of it a high proportion of the worlds grandchildren ain’t having a nice time of it now”

    I agree that resources need to be better distributed, but it is also important to acknowledge that none of these arguments are new, in fact 200 years ago people were thinking that the world was going to end because of over-population and insufficient food (http://en.wikipedia.org/wiki/Thomas_Malthus) but there are 6 times more people on the planet now then there were 200 years ago, so maybe there is some credit in the ‘technology will save us’ argument??? Personally I am not convinced but don’t know enough

    Also Ari ..

    “tidal is experimental at the moment and would need considerable encouragement but is much more reliable than either wind or solar and probably even more energy-rich”>

    Check out http://www.awatea.org.nz .. I read an article by these guys saying that if experiments with seafloor turbines works out as expected, NZ would be able to increase its electricity production by 150% by using only 100km2 of sea floor in the Cook Strait … so there is hope for our carbon footprint!

  28. Matthew Pilott 28

    Did anyone else read Darren Rickard’s contibution? That guy is a friggin’ GENIUS! I’m surprised that anyone commented subsequent to his magnificent contibution without mentioning it. I guess you’re all just in awe of The Rickard’s Awesomeness. Fair enough. How can an ‘outlook on life’ be ‘tenuous’, Darren? For a one-liner you’ve done a poor job – 12 words and you can’t even put a real sentence together.

    VTO: Interesting that you agree with ieuan. Do you agree with this statement: “…and people will look for other types of energy that due to the increased cost of oil are now competitive and viable. because it is pretty much the fundamental point. There’s a large source of energy that to utilise, all we had to do was dig a hole, and set up an infrastructure to utilise it. Now we have to dig holes in difficult and expensive places. So, it’s going to be very hard to dig a hole, and the energy per hole dug will decrease. This means the cost of energy will go up.

    How many dollars per kilojoule do you think it is to dig a hole and wait for black stuff to bubble up?

    What is looking like a viable replacement, at the same price? Nothing thus far – hence the problem.

    I’m not sure what ‘track’ you’re talking about, but fact is you don’t get to decide what it is by making the odd veiled comment from the sidelines.

    Greg: Finally, your hypocrisy annoys me. Your inability to grasp simple logic annoys me. One body of science is right, thus ALL SCIENCE IS RIGHT. GREG HATH SPOKEN. Violate this and a hypocrite ye shall be branded.

  29. Ari 29

    Check out http://www.awatea.org.nz .. I read an article by these guys saying that if experiments with seafloor turbines works out as expected, NZ would be able to increase its electricity production by 150% by using only 100km2 of sea floor in the Cook Strait so there is hope for our carbon footprint!

    Oh, I knew it was promising already, but thankyou. I just mean that unless heavily subsidised it’s a ways off yet.

    And indeed, with a little more investment, New Zealand should not only have no problem meeting our existing power needs purely from renewable energy, (with fossil fuels as emergency backups) but also using the excess from tidal to power electric car networks and battery-swapping stations, and perhaps even export products produced with renewable electricity to other nations. It would be an excellent way to move our manufacturing sector forward.

  30. Mr Magoo 30

    Ari:
    yes, tidal generation is a really exciting prospect. A shame the tidal generation test in the kaipara was brought to its knees with the RMA. But there you go.

    However I would be wary of the claims made by those with the most to benefit. In my experience their predicts are intentionally naive and unrealistic.

  31. Matthew Pilott 31

    If anyone has responded I can’t see it – still having that caching issue which is making commenting rather impractical and this site mostly unusable, unfortunately…

  32. Greg 32

    Red.
    “there are no feasible technical options for substituting the vast amount of energy oil provides us at present.’

    This is the case because they are not necessary at the current point in time. The price of oil is not high enough. Go back to my original post and you’ll see how these feasible options will develop as the price rises.

    “Productivity is not a magic dust that when sprinkled on an economy makes everyone wealthier. Productivity is the ratio of output versus inputs. The main driver that improves this ratio is improved technology, which in turn is entirely dependent on available energy.’

    Well if productivity were a ‘magic dust’ when sprinkled over the economy it would make everyone wealthier, surely you can see that. But sadly, as you point out, it isn’t as easy as that. You assume that the rate at which the cost of energy increases is greater than the rate at which technology improves. This of course is not the case, for as technology improves (which as you say increases productivity), the price of energy also falls RELATIVE to what it otherwise would be with increased demand. Technology does not come entirely at the expensive of energy, because it also creates it.

    Chris.
    “greg seems to think peak oil is a myth because of supply and demand. Read any papers in the journals on the topic of oil recently? ‘Oh no not ‘dem socialist scientists!’ – riiiight.’

    Perhaps ‘myth’ was a more emotive word than necessary. My point was that supply and demand will ensure we develop other viable energy sources before peak oil occurs, therefore stopping it in its tracks.

    Matthew.
    “Greg: Finally, your hypocrisy annoys me. Your inability to grasp simple logic annoys me. One body of science is right, thus ALL SCIENCE IS RIGHT. GREG HATH SPOKEN. Violate this and a hypocrite ye shall be branded.’

    I wasn’t talking about right and wrong Matthew. My view is that both the majority and minority deserve to be heard. My point was that if you are in the minority on climate change you are branded loony and personally attacked by Steve. Yet if you are in the minority on economic issues you are praised. I find this hypocritical.

  33. Hi Steve,

    I would like to point out that most economists would agree with a large part of what you are saying – you are describing a physical process which human action occurs within and the limits associated with that process. However, using it as a critique of “neo-classical economics” seems a bit off to me.

    Neo-classical economics is a broad term for a conceptual framework that gives us scope to look at human action in the face of scarcity (it is the study of the allocation of scarce resources given then assumption of methodological individualism – contrary to other schools which may use a more holistic frame for human behaviour). The idea of “limited natural capital” is indeed part of this framework and, although I agree with your implicit claim that the trade-off can be under weighted in economic debate, it is definitely not ignored by economists.

    Your critique seems to be more closely against Keynesianism. Strict Keynesianism does not have a supply side – resources just appear and are used, implying that we can just grow perpetually. Economists have moved well beyond this view.

    Furthermore, we all agree that the “solow residual” is heavily underdefined by economists. Work by Romer et al has tried to uncover some of the basis of the residual (namely the existence of returns to scale) – however, the very uncertain nature of technological progress makes it a difficult factor to ever try to understand.

    Still, definitely an interesting issue, thanks for the post.

  34. Peak oil is a nonsense, designed by the left to tax us more through nutcase green technology that is inefficient and expensive.

    The world has hundreds of years of oil left to use. Bugger off and let us use it.

  35. terence 35

    RedLogix,

    Matt has the answer you’re looking for: it’s Solow (as in Robert Solow) not “Sowol”.

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    ...
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    Labour | 05-09
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    Labour | 04-09
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    Labour | 03-09
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    Labour | 03-09
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  • New Flag competition
    New Flag competition...
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    The Daily Blog | 21-09
  • A Fiji democratic mandate for the coup leader – what now for the media?
    Attorney-General Sayad-Khaiyum and Rear-Admiral (Ret) Voreqe Bainimarama’s Fiji First party is poised to lead the country in the next four years. Photo: Mads Anneberg, an AUT Pacific Media Centre student on internship in Suva with Repúblika Magazine and Pacific Scoop...
    The Daily Blog | 21-09
  • Why I voted Labour and why 2017 will be different
    As a 3nd and 5th generation Kiwi-Indian (depending on which side of the family we have to go with), my relationship with New Zealand is a special one. Like other New Zealanders who are not of the Caucasian variety, the...
    The Daily Blog | 20-09
  • Humble Pie
    Oh. My. God. This was a heartbreaking nightmare. I was wrong, horribly, horribly, horribly wrong. I honestly believed that the resources, the media attention, the vile toxic politics exposed by Dirty Politics and the mass surveillance lies would have seen...
    The Daily Blog | 20-09
  • Election 2014; A Post-mortem; a Wake; and one helluva hang-over
    .   . It would be fair to say that the results for Election 2014 did not go as anticipated. The Left has had a drubbing – and some of it was of our own making. In other aspects, there...
    The Daily Blog | 20-09
  • Voting turnout affected by bad weather?
    . . NZ, Upper Hutt, 20 September –  Cold, wet weather in the Hutt Valley, north of Wellington may be impacting on voter turn-out. A head-count of people visiting the Trentham School Voting Station in Moonshine Rd, Upper Hutt, indicated...
    The Daily Blog | 20-09
  • Final total of advance voting
    And the final total for the advance voting was a staggering 717,579 advance votes against 334,558 in 2011       Tonight, I’ll be watching the TV3 election coverage because I could bare Paul Henry’s smugness one inch more than Mike Hosking’s...
    The Daily Blog | 20-09
  • Vice article on NZ election
    Here is my Vice article on the NZ election....
    The Daily Blog | 19-09
  • The attempt to kill off Internet MANA
    It’s the last day of campaigning today and the long list of those attacking Internet MANA got longer yesterday with Winston Peters backing Labour candidate Kelvin Davis against the MANA Movement’s Hone Harawira. Davis is now supported by Labour, National,...
    The Daily Blog | 19-09
  • A final word on the election – it’s now all up to you
    Brothers & Sisters, the fate of Aotearoa is now all in your hands. We here at the Daily Blog have thrown everything we can at this bloody Government and have spent every waking hour of this campaign trying to highlight...
    The Daily Blog | 19-09
  • I can’t tell what is National Party advert and what is the NZ Herald – ...
    I can’t tell what is National Party advert and what is the NZ Herald – but then again, I never could...
    The Daily Blog | 19-09
  • TVNZ election coverage – white people telling other white people why Nati...
    TVNZ election coverage – white people telling other white people why National Party is great...
    The Daily Blog | 18-09
  • REVIEW: Royals of Kihikihi
    What an absolutely stunning show.  I had to ask twice to check I’d heard right that this is the first staged production for Samuel Christopher, who also played a raw, real, but vulnerable, Wolf Royal, home from London for his...
    The Daily Blog | 18-09
  • 800 Cops to detain 15 ‘terrorists’ – why Australia’s hysterical Isl...
    I’m sorry but I can’t take this current Australian terror threat seriously. 800 cops to detain 15 people and arrest one of them? A week after Abbot decides to send in Australian forces to the cluster fuck of Iraq, suddenly...
    The Daily Blog | 18-09
  • Unbelievable corruption inside Government to attack Kim Dotcom
    The corruption inside this Government just more and more filthy – we now have an ex-Customs Lawyer quitting  after being told to bury information that could embarrass the Government, specifically to do with Kim Dotcom… Curtis Gregorash said he was told...
    The Daily Blog | 18-09
  • Coalition for Better Broadcasting – Everyone Loves A Win-Win That Keeps G...
      Permit me to quote some figures at you… -68% of New Zealanders think political news on television focuses too much on politicians’ personalities and not enough on real issues. This is the key result of a recent UMR survey commissioned by...
    The Daily Blog | 18-09
  • Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, another week of ...
    Jeremy Wells’ Mike Hosking rant on Radio Hauraki: Today, another week of being the most in demand broadcaster in the country...
    The Daily Blog | 18-09
  • EXCLUSIVE: Te Tai Tokerau independent poll (44% Hone-27% Kelvin) vs Maori T...
    The Te Tai Tokerau Maori TV poll on Monday this week painted a bleak picture for Internet MANA supporters, and it’s results have been seized upon by Labour, NZ First and even the Maori Party (who seem set once again...
    The Daily Blog | 18-09
  • The time for TPPA weasel words is over
    Almost every day of the election campaign there has been a policy announcement that would potentially run foul of what I understand is currently in the Trans-Pacific Partnership Agreement (TPPA):  more constraints on foreign investment or investors … regulation of...
    The Daily Blog | 18-09
  • MELTDOWN – Maori Party turns on their own Te Tai Tokerau candidate – ag...
    The tensions are building in Te Tai Tokerau with the Maori Party on the verge of meltdown. Days out from the election, the Maori Party Executive has tried to heavy their own Te Tai Tokerau Electoral Committee and their own candidate, Te Hira Paenga,...
    The Daily Blog | 18-09
  • We Can Change this Government
    We Can Change this Government – Mike Treen at the First Union stop work election meeting...
    The Daily Blog | 18-09
  • Election 2014: For and Against
    With the general election tomorrow, we have had a very noisy campaign but little sign that the electorate wishes for a fundamental change of governmental direction. This reflects in part the fact that the economic cycle is close to its decadal...
    The Daily Blog | 18-09
  • Eye To Eye Uploaded: Martyn ‘Bomber’ Bradbury
    This interview was filmed a couple of weeks ago between Willie Jackson and myself, I was a tad off with my prediction of NZ First....
    The Daily Blog | 18-09
  • The Donghua Liu Affair – The Players Revealed
      . . – Special investigation by Frank Macskasy & ‘Hercules‘ Speculation that the Beehive office of Immigration Minister, Michael Woodhouse, was behind the release of a letter linking Labour leader, David Cunliffe, with controversial Chinese businessman, Donghua Liu, is...
    The Daily Blog | 18-09
  • As if you needed another reason to boycott Telecom/Spark – they sold NZ d...
    It should read ‘never stop spying’. As if you needed another reason to boycott Telecom/Spark – they sold us down the river to the US by allowing the Southern Cross cable to be tapped… The ability for US intelligence agencies...
    The Daily Blog | 18-09
  • The NZ First-Labour Party attack strategy against Internet MANA better work
    The final days of the campaign are ticking down and Labour and NZ First are manoeuvring to kill off the Internet MANA Party by both backing Kelvin Davis for Te Tai Tokerau. It’s a risky gambit that they better pray to Christ...
    The Daily Blog | 18-09
  • Bill English’s latest insult to beneficiaries – apparently they are lik...
    National’s hatred towards the poor continues unabated as National desperately try to throw raw meat to their reactionary voter base in the hope to inspire enough hate and loathing to win back their redneck voters from the Conservative Party and from...
    The Daily Blog | 18-09
  • Eminem ain’t happy with John Key
    Eminem ain’t happy with John Key...
    The Daily Blog | 18-09
  • Key claims he did not inhale
    Key claims he did not inhale...
    The Daily Blog | 18-09
  • Final prediction on election result 2014
    What an election campaign. The character assassination of David Cunliffe kicked things off with the Herald on Sunday falsely claiming $100 00 bottles of wine, $15 000 books and $150 000 in donations  from a donor that turned out to be...
    The Daily Blog | 18-09
  • Live blog: Bainamarama takes commanding lead in Fiji elections
      Interview with Repúblika editor Ricardo Morris and Pacific Scoop’s Mads Anneberg. PACIFIC SCOOP TEAM By Ricardo Morris, Mads Anneberg, Alistar Kata and Biutoka Kacimaiwai in Suva WHILE the results are provisional at this stage, it is clear today that...
    The Daily Blog | 17-09
  • 5AA Australia: NZ Elections Two Days To Go! + Edward Snowden + Julian Assan...
    Recorded live on 18/09/14 – Captured Live on Ustream at http://www.ustream.tv/channel/multimedia-investments-ltd 5AA Australia’s Peter Godfrey and Selwyn Manning deliver their weekly bulletin: Across The Ditch. This week, they discuss the latest news as New Zealanders go to the polls on...
    The Daily Blog | 17-09
  • What has Colin Craig done for his Press Secretary to quit 2 days before ele...
    This is VERY strange.  Colin Craig’s Press Secretary Rachel McGregor, has quit 2 days before the election, allegedly telling ZB that Colin Craig was a “very manipulative man”. I’ve met Rachel many times in the past as Colin’s Press Secretary, she is...
    The Daily Blog | 17-09
  • “If you want steak, go to the supermarket and buy steak,” – A brief w...
    “If you want steak, go to the supermarket and buy steak,” said Key in the final leaders debate. Problem of course is that the 250 000 – 285 000 children living in poverty can not afford steak, milk, butter, eggs...
    The Daily Blog | 17-09
  • National’s final bash of beneficiaries before the election
    On cue, whenever National feel threatened, they roll out a little bennie bash just to keep their redneck voter base happy. Nothing like a bit of raw meat policy to keep National voters focused on the evil threat solo parents...
    The Daily Blog | 17-09
  • With All Of This In Mind, I Vote
    This is my last blog before the election and I really just want to speak from the heart. Right now in this country it seems to me that a lot of people consider the “essentials” in life to be simply...
    The Daily Blog | 17-09
  • Left has to vote strategically this election
    The dedication, loyalty, and tribalism of party politics means that sometimes the left lets itself down by not voting strategically. We all want our favoured party to get maximum votes, naturally, but the winner-takes-all approach doesn’t always suit multi-party left...
    The Daily Blog | 17-09
  • Dear NZ – as you enter the polling booth, stand up for your rights
    The last days before a NZ general election are a busy time as politicians make their pitch and party activists prepare to get out the vote. It is sort of weird watching from the distance of Europe the strangest election...
    The Daily Blog | 17-09
  • What is Waihopai, John, if it isn’t a facility for “mass surveillance...
    John Key assured us on RNZ’s Nine to Noon programme yesterday that “In terms of the Fives Eyes data bases… yes New Zealand will contribute some information but not mass wholesale surveillance.” How does this square with the operation of the...
    The Daily Blog | 17-09
  • GUEST BLOG: Catherine Delahunty – Mass Surveillance and the Banality of E...
    Renowned journalist and intellectual Hannah Arendt coined the phrase “the banality of evil” to describe the normalisation of genocide in Nazi Germany. I thought of her phrase when I was listening to Glenn Greenwald and other international whistle-blowers talking about...
    The Daily Blog | 17-09
  • Election. Down. To. The. Wire
    Funny how last week it was John Key winning by 50%, now it’s neck and neck. I have always believed this election would be down to the wire and it is proving so. The flawed landline opinion polls the mainstream...
    The Daily Blog | 17-09
  • 3rd Degree uses Whaleoil for story ideas as if Dirty Politics never happene...
    TV3s 3rd Degrees smear job on Kim Dotcom last night doesn’t bear much repeating. It was pretty pathetic journalism from a team who have brought us some great journalism in the past. It is sad to see 3rd Degree stooping...
    The Daily Blog | 17-09
  • Live blog: Bainimarama takes early lead in Fiji’s election
    Pacific Scoop’s Alistar Kata reports from yesterday’s voting. By Alistar Kata of Pacific Scoop in Suva Prime Minister Voreqe Bainimarama took an early lead in provisional results in the Fiji general election last night. With provisional results from 170 out...
    The Daily Blog | 17-09
  • Has The NSA Constructed The Perfect PPP?
    Former intelligence analyst and whistleblower, Edward Snowden – speaking live to those gathered at the Auckland Town Hall on Monday September 17, 2014. Investigation by Selwyn Manning. THE PRIME MINISTER JOHN KEY’s admission on Wednesday that whistleblower Edward Snowden “may...
    The Daily Blog | 17-09
  • No way – Key admits Snowden is right
    After claiming there was no middle ground. After claiming there was no mass surveillance. After calling Glenn Greenwald a henchman and a loser. After all the mainstream media pundits screamed at Kim’s decision to take his evidence to Parliamentary Privileges...
    The Daily Blog | 17-09
  • LGNZ congratulates National
    LGNZ congratulates National Local Government New Zealand (LGNZ) congratulates re-elected Prime Minister John Key and the National led government on winning their third consecutive term following Saturday’s general election. LGNZ President Lawrence Yule acknowledges...
    Scoop politics | 22-09
  • The Letter – 22 September 2014
    John Key’s win is historic. In the history of MMP elections – worldwide – ever – no government has won an absolute majority. MMP was imposed on Germany to make sure that country never had another Hitler. It is designed...
    Scoop politics | 22-09
  • Election Coverage – None Better Than Trans Tasman
    To get a steer on what was going to happen in the election - away from the histrionics of the mainstream coverage - the best place to go was The Main Report Group’s weekly political report Trans Tasman....
    Scoop politics | 22-09
  • Federated Farmers intemperate
    For the second time in a week Federated Farmers has made intemperate and provocative comments on environmental issues, says EDS....
    Scoop politics | 22-09
  • MP’s Stolen Items Recovered
    Following a complaint to Parliamentary Services today [ September 19 ], items which had been stolen from NZ First MP Andrew Williams’ Wellington parliamentary office have been recovered and returned....
    Scoop politics | 22-09
  • Election results bad news for those on benefits
    Beneficiary Advocate Kay Brereton says, “ The election result holds no good news for people on benefits, National campaigned successfully with their beneficiary bashing agenda, and will now believe their punitive treatment of beneficiaries has the support...
    Scoop politics | 22-09
  • Opportunity to progress water infrastructure
    “National’s re-election is an opportunity to develop the infrastructure New Zealand needs to provide surety of water for agriculture, town drinking water supply, waterways, recreational use and to future proof the country from climate change,” says Andrew...
    Scoop politics | 21-09
  • Wellington City joins the global call for 100% clean
    At 1:00 pm, residents and visitors of Wellington gathered at the summit of Mt Victoria to join the millions strong call for a 100% clean future....
    Scoop politics | 21-09
  • Hikoi with us from Cape Reinga to Auckland Oil Conference!
    Monday 22 September 2014: Maori from different tribal areas along the western length of Northland are organising a hikoi starting on Saturday to a Government oil conference in Auckland to make sure that Norwegian oil giant Statoil gets the message:...
    Scoop politics | 21-09
  • Roy Morgan NZ Election Update With A Look At The Polls
    Roy Morgan NZ Election Update With A Look At The Polls National re-elected to third term with record high vote as Labour slumps to worst result in over 90 years...
    Scoop politics | 21-09
  • National-led Government wins mandate for RMA reforms
    An unprecedented increase in support for the third-term National Party, the best electoral performance since 1899, has delivered a clear mandate for reform of the Resource Management Act says Federated Farmers. “Vital reforms to the RMA have...
    Scoop politics | 21-09
  • New Zealand says no to Culture of Death
    Right to Life is pleased that the people of New Zealand have rejected a culture of death by refusing to elect a Labour/Green government that supported the decriminalisation of abortion....
    Scoop politics | 21-09
  • Q + A – Steven Joyce
    CORIN Steven Joyce if we could start with how things are going to look now with your support partners. Can you just run us through, National can technically govern alone on what you’ve got at the moment, do you think...
    Scoop politics | 21-09
  • Q + A – Kelvin Davis
    SUSAN Well earlier this morning, just before we came to air in fact, Corin spoke to Kelvin Davis, one of the big winners of the night, the new MP for Te Tai Tokerau....
    Scoop politics | 21-09
  • Q + A – David Cunliffe
    CORIN Joining me now is Labour Leader, David Cunliffe. Good morning to you Mr Cunliffe. This is a tough result for Labour, how much personal responsibility do you take for this....
    Scoop politics | 21-09
  • Grey Power congratulates Key
    Grey Power National President Terry King congratulated John Key for his party’s “resounding win “ in yesterday’s election and hoped that the new National Government would look hard at issues affecting the ever–growing number of older New Zealanders....
    Scoop politics | 21-09
  • EMA congratulates PM John Key and National
    The Employers and Manufacturers Association extend hearty congratulations to the re-election of Prime Minister John Key and National....
    Scoop politics | 21-09
  • Helen Clark Receives Inaugural Women’s Health Rights Award
    Helen Clark was honoured as the first recipient of the Women’s Health Rights Award at the 121st Woman’s Suffrage event held in Auckland....
    Scoop politics | 21-09
  • National deal with New Zealand First unlikely
    The National party is unlikely to offer a confidence and supply agreement to New Zealand First according to Dr Ryan Malone, Director Training and Research at Civicsquare....
    Scoop politics | 20-09
  • Daily Election Update #12: NZ First to hold balance of power
    Winston Peters’ NZ First Party will hold the balance of power after tomorrow’s election, according to the combined wisdom of the 8000+ registered traders on New Zealand’s predictions market, iPredict. Mr Peters is then expected to back a National-led...
    Scoop politics | 19-09
  • Election Day is Time to Refocus on Policies
    Over the course of this election campaign there has been a lot of focus on dirty politics and spying, and not a lot on policy. With election day looming, Gareth Morgan is calling for people to refocus on the issues....
    Scoop politics | 19-09
  • The Kiwi FM Alternative Election Commentary
    Saturday 20 September from 7pm on 102.2 Auckland, 102.1 Wellington, 102.5 Canterbury, or KiwiFM.co.nz...
    Scoop politics | 19-09
  • Beneficiary Bashing unacceptable
    Kay Brereton of the Beneficiary Advocacy Federation of New Zealand says “ the comment made by Bill English yesterday comparing beneficiaries to crack addicts is shocking and incredibly poorly timed.”...
    Scoop politics | 19-09
  • UN Experience Beneficial
    Acclaim Otago representatives have just completed their participation at the UN Convention on the Rights of Persons with Disability examination of the New Zealand government in Geneva, Switzerland. "It was an interesting two days which we believe has...
    Scoop politics | 19-09
  • Changing face of NZ should be reflected in newsrooms
    With Fairfax Media’s Journalism Intern search closing on Sunday, Race Relations Commissioner Dame Susan Devoy is urging aspiring journalists from Maori, Pacific and ethnic communities to apply. The deadline was recently extended to 10pm, Sunday...
    Scoop politics | 19-09
  • SPCA expresses concern over toxin in waterways
    Ric Odom CEO of Royal NZ SPCA has expressed concern over the toxic poison 1080 entering waterways, but DoC, Council’s and Ministry of Health have colluded to make it legal....
    Scoop politics | 19-09
  • NZ 2014 Election Index – 13-18 September
    Below is iSentia’s final weekly Election Index, covering the period 13-18 September and showing the relative amount of coverage of nine Party Leaders in the lead up to the National Election across news media and social media. The methodology used...
    Scoop politics | 19-09
  • Epsom Candidate (Adam Holland) More Liberal Than ACT
    For the past four years I, like 500,000 other New Zealanders, have been illegally smoking cannabis for medicinal purposes and/or even just for the occasional laugh with friends on the weekend. We don't hurt anybody, we don't cause nuisance, we...
    Scoop politics | 19-09
  • Left Coalition Will Save Dolphins
    A left coalition would safeguard both Māui and Hector’s dolphins, as well as revive our inshore ecosystems. Labour, Internet Mana and the Green Party all have strong policies in place for dolphin protection. The Maori Party, and to a certain...
    Scoop politics | 19-09
  • Waihoroi Shortland: Ngāti Hine is not standing alone
    The Chairman of Te Rūnanga a Iwi o Ngāpuhi, Sonny Tau is blowing smoke worthy of a Dotcom rally with claims that Ngati Hine is standing alone in its opposition to Tūhoronuku says the Chairman of Te Rūnanga o Ngati...
    Scoop politics | 19-09
  • Oceania voices on environment loud and strong
    While money and energy continues to be spent on global talks about climate change, Pacific islanders are scrambling to build sea walls out of sticks, stones, shells and coral, to protect their lands and homes from erosion and rising sea...
    Scoop politics | 19-09
  • Prime Time with Sean Plunket – Tonight
    No MPs tonight --- the campaign will be over at 9 30. Instead we will look back --- and possibly forward on what we have learned and what might happen. Listener Political Columnist Jane Clifton Editor in Chief, NZ Herald,...
    Scoop politics | 19-09
  • Election fails to address youth financial wellbeing
    Young people don’t feel included in New Zealand’s financial success and believe inequality is a problem, according to a new survey conducted by Westpac’s Fin-Ed Centre at Massey University....
    Scoop politics | 19-09
  • Winston’s Waffle doesn’t hide the facts
    The Conservative Party is celebrating the ASA's finding announced today that rejected all but one of the complaints raised against its controversial “Conservatives or Peters” pamphlet. “Despite pages of complaints from Peters legal team the only...
    Scoop politics | 19-09
  • NZ Independent Coalition looking forward to tomorrow
    “Our team is looking forward to tomorrow. It is a real opportunity to reclaim politics for the people,” said NZ Independent Coalition leader Brendan Horan....
    Scoop politics | 19-09
  • Insights Issue 35/2014 – 19 September 2014
    Insights Issue 35/2014 - 19 September 2014 In This Issue • RMA reform the golden unicorn of policy | Jenesa Jeram...
    Scoop politics | 19-09
  • Special voting arrangements made for NIWA crew
    One of the most unusual polling stations for this year’s general election is in the middle of the ocean miles from land. NIWA’s flagship research vessel Tangaroa, has been doubling as a polling booth for crew and scientists at sea....
    Scoop politics | 18-09
  • Tourism operators urged to vote strategically
    Tourism operators should make sure they know their local candidates’ view on tourism and use their vote to support the country’s second largest export industry, says Chris Roberts, Chief Executive, Tourism Industry Association New Zealand (TIA)....
    Scoop politics | 18-09
  • WGTN: March for free education
    We are students, university staff, and members of the community. Whichever parties form a government after September 20th, we are demanding an end to corporatisation of education....
    Scoop politics | 18-09
  • Evidence of Corruption a National Scandal
    Internet Party leader Laila Harré will take evidence of corruption to international forums if there is not a full Royal Commission to investigate the growing evidence of the systematic use and abuse of democratic institutions and processes for political...
    Scoop politics | 18-09
  • Govt continues to throw money at charter school experiment
    Official documents reveal the three primary sector charter schools approved last week will cost $2 million to set up as well as divert another $1.5 million of potential taxpayer investment from local state schools next year....
    Scoop politics | 18-09
  • ACT Final Election Rally
    Elections campaigns are an opportunity for political parties to put candidates and policy to enable voters to choose what sort of New Zealand we want. In this campaign there have been three tests by which you can assess the electoral...
    Scoop politics | 18-09
  • Taxpayers on Hook Again for Solid Energy
    Responding to the Fairfax article that taxpayers are extending another $103 million to keep Solid Energy afloat, Taxpayers’ Union Executive Director Jordan Williams says:...
    Scoop politics | 18-09
  • Invermay Petition Tops 10,000 Signatures
    People across New Zealand continue to express their disgust at the downgrading of Invermay, says Dunedin North MP David Clark, as the Save Invermay petition he instigated earlier this year topped the 10,000 signature mark just days before the 2014...
    Scoop politics | 18-09
  • McVicar vows to continue fight for police
    Garth McVicar stated at a public meeting last week that he would fight to retain a 24/7 Police Station in Napier and no reduction in the number of police staff for the Hawkes Bay region, some said he was simply...
    Scoop politics | 18-09
  • Party Vote Our Weapon in Fight Against Government Corruption
    Internet MANA urges New Zealanders to use their party vote to confront corruption in any new government....
    Scoop politics | 18-09
  • Election day is tomorrow – make sure you’re a part of it!
    Tomorrow, Saturday 20 September, is election day, and New Zealanders’ last chance to have a say on who leads the country for the next three years....
    Scoop politics | 18-09
  • Is the Shape of our Government out of the hands of Voters?
    In the last stuff.co.nz / Ipsos Political Poll before Saturdays election, National is down 5.1% to 47.7% and Labour up 3.7% to 26.15%. These results are remarkably similar to the 2011 election where National received 47.3% of the vote and...
    Scoop politics | 18-09
  • Spirit of Suffrage a Call to Action for All Kiwi Women
    Internet MANA is drawing on the courage and integrity of New Zealand women on Suffrage Day – Friday, September, 19 – to encourage them to pay tribute to the spirit of their foremothers who gained women the vote....
    Scoop politics | 18-09
  • Live Election Night Coverage on TV And Online
    Māori Television’s KOWHIRI 2014 – ELECTION SPECIAL kicks off at 7.00pm this Saturday with a five-hour broadcast focusing on the Māori electorates....
    Scoop politics | 18-09
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