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

  • Household Living Costs hit poorer Kiwis hardest
    Standards of living for the poorest and most vulnerable New Zealanders are being eroded by rising prices for basic living costs, while National has stood idly by, says Labour’s Finance Spokesperson Grant Robertson. “Statistics New Zealand data released today is ...
    11 hours ago
  • The clock is ticking
      Labour strongly supports the latest report by the Parliamentary Commissioner for the Environment to have carbon emission targets set in legislation, carbon budgeting and an independent climate commission says Labour’s spokesperson on Climate Change Megan Woods.  “Dr Jan Wright’s ...
    12 hours ago
  • Public support keeps Healthy Homes Bill on track
    The strong call from the public for warm, dry, healthy rentals has helped the Healthy Homes Guarantee Bill to pass its second reading, says Leader of the Opposition Andrew Little. ...
    15 hours ago
  • More proof National not delivering for New Zealanders
    The Ministry of Social Development’s latest Household Incomes Report is more hard evidence of the growing poverty in New Zealand, says Leader of the Opposition Andrew Little. “National claims to be delivering for New Zealanders. This report puts the lie ...
    2 days ago
  • Strong support from medical community for Healthy Homes Bill
    More than a thousand medical professionals, medical students, and other New Zealanders have shown their support for Labour’s Healthy Homes Guarantee Bill, says Leader of the Opposition Andrew Little. ...
    3 days ago
  • Labour will fund Buller Health Centre
    A Labour Government will fully fund the Buller Integrated Family Health Centre in Westport, confirming its commitment to the people of the West Coast and the role of central government to fund essential public services, says Labour’s Health spokesperson David ...
    3 days ago
  • National’s affordable promise for Auckland more smoke and mirrors
    The 26,000 additional houses National plans to build in Auckland on public land over the next decade include fewer than 5,000 affordable homes, while more than 60 per cent will be available for speculators to buy, says Leader of the ...
    3 days ago
  • National out of touch over immigration
    National’s abrupt backflip on their recently-announced changes to immigration shows they never understood the problem and just came up with a confused knee jerk response, says Leader of the Opposition Andrew Little. “Regional communities and businesses were quite right to ...
    3 days ago
  • English out of touch on homelessness
    Bill English’s comments that he doesn’t know why people are complaining about the blowout in the number of homeless families the government is putting up in motels just shows how tired and out of touch National is after nine years, ...
    4 days ago
  • All Kiwis to have same standard of cancer care
    Labour is promising that all New Zealanders will have access to the same level of cancer care no matter where they live in the country, says Leader of the Opposition Andrew Little.   “As someone who has survived cancer I ...
    4 days ago
  • Infrastructure announcement too long coming
    “What took you so long?” is Labour’s response to the Government’s announcement of a new infrastructure investment vehicle. Labour’s Auckland Issues spokesperson Phil Twyford says Labour announced its policy in 2015 to debt-finance infrastructure and service that debt with targeted ...
    4 days ago
  • Time for a breather on immigration
    National has no idea how to house the record number of people entering New Zealand, let alone cope with the pressure on health, education, and transport from this record population growth, says Labour’s Immigration spokesperson Iain Lees-Galloway. ...
    6 days ago
  • Labour to invest $4 billion in education
    Labour’s Education Manifesto will bring positive change across the education sector and is backed by a massive investment, says Labour’s Education Spokesperson Chris Hipkins.  “Labour’s plan will see an extra $4 billion invested over the next four years. It’s organised ...
    6 days ago
  • National’s shame: worst homelessness in the OECD
    National’s legacy is a housing crisis that has given New Zealand the worst homeless rate in the developed world, says Labour’s Housing spokesperson Phil Twyford. ...
    7 days ago
  • Labour taking action on school donations
    Labour will end so-called voluntary school donations for the majority of parents across the country under its $4 billion plan to revitalise the education sector, says Labour Leader Andrew Little. “Labour has always been committed to a world-class free education ...
    7 days ago
  • Labour to work with Queenstown to build more houses
    Labour will work with Queenstown-Lakes District Council, iwi, and the Community Housing Trust to build the modern, affordable housing Queenstown desperately needs, says Leader of the Opposition Andrew Little. ...
    1 week ago
  • Nats blow the Budget on motels after bowling state houses
    National is spending $140,000 a day putting homeless families in motels, the legacy of nine years of selling off and knocking down state houses, says Labour Housing spokesperson Phil Twyford. ...
    1 week ago
  • New revelations in Joanne Harrison report
    The State Services Commission’s report into the treatment of whistle-blowers by Joanne Harrison has revealed new accusations against the convicted fraudster, says Labour MP Sue Moroney.  “The report found that four staff inside the Ministry of Transport who had raised ...
    1 week ago
  • Snafu at Princess Margaret
    Jonathan Coleman has to stop the stalling over a new building for mental health services in Christchurch to replace the quake damaged Princess Margaret Hospital, says Labour’s Health spokesperson David Clark. “The Government must accept that Christchurch is still recovering ...
    1 week ago
  • Labour’s fiscal plan to build a fairer New Zealand
    Labour will re-build our housing, health and education while responsibly managing New Zealand’s finances, says Leader of the Opposition Andrew Little.  “Under Labour’s Fiscal Plan we will deliver big investments in the services we all need and care about, invest ...
    1 week ago
  • Nats show they’re the tax dodgers’ best friends
    The government is taking the knife to IRD at a time when we need a highly skilled department to ensure that multinationals and speculators don’t get away with dodging tax, says Labour’s Revenue spokesperson Michael Wood. ...
    1 week ago
  • Labour secures the future for NZ Super
    A Labour Government will secure the future for New Zealand Superannuation so we can continue to provide superannuation to those retiring at age 65, says Leader of the Opposition Andrew Little. “One of the first things a Labour-led Government will ...
    1 week ago
  • Multinationals must pay fair share of tax
    A Labour Government will crack down on multinational companies that are dodging paying their fair share of tax, says Labour Leader Andrew Little. “New Zealanders are missing out by hundreds of millions according to the IRD because multinational companies can ...
    1 week ago
  • ACT’s approach to children backward and ill informed
    Act’s new deputy leader’s claim that Labour’s support for families could “extend the misery of child poverty and even child abuse” is ill informed and offensive, says Labour’s Deputy Leader Jacinda Ardern. ...
    2 weeks ago
  • Canterbury hatchet job a disgrace
    The Government’s glib acceptance of advice that the Canterbury District Health Board doesn’t need more money is a hatchet job and a disgrace, says Labour’s Health Spokesperson David Clark. “To claim that the DHB was using tactics to leverage more ...
    2 weeks ago
  • Quality for Kiwi kids at ECE
    After more than a decade of rapid growth in the number of children participating in Early Childhood Education (ECE), it’s time to take stock and map out a clear plan for the future, says Labour’s Education spokesperson Chris Hipkins. ...
    2 weeks ago
  • Labour to boost ECE quality
    Labour will ensure kids get the best start in life by boosting funding for Early Childhood Centres to employ 100 per cent qualified and registered teachers, says Leader of the Opposition Andrew Little. ...
    2 weeks ago
  • Labour will stump up a million dollars for Maniototo Hospital
    A Labour led Government will make a million dollars available to rebuild the Maniototo Base hospital in Ranfurly, says the Leader of the Opposition Andrew Little.  “This will be a much needed boost for a long overdue rebuild that has ...
    2 weeks ago
  • No vision for the West Coast
    The West Coast welcomes any Government investment in our region but the lack of any real alternative vision for the West Coast’s economy is disappointing, says Damien O’Connor Labour’s West Coast-Tasman MP.  “The establishment of a Mining Research Unit will ...
    2 weeks ago
  • National’s youth work scheme too little too late
    After nine years, National’s belated attempt to provide work opportunities for unemployed youth should be seen for what it is, a half-hearted, election gimmick from a party that’s ignored the problem till now, says Leader of the Opposition Andrew Little. ...
    2 weeks ago
  • Kiwis won’t fall for Joyce’s spin
    Steven Joyce’s embarrassingly obvious spin on Labour’s Families Package won’t fool anyone, says Labour’s Finance spokesperson Grant Robertson. ...
    2 weeks ago
  • Labour prioritises families and public services
    Labour’s Families Package delivers a bigger income boost to more than 70 per cent of families with children than Budget 2017. By not spending $1.5 billion a year on tax cuts, Labour is able to do more for lower and ...
    2 weeks ago
  • Kiwis can’t sleep in your ghost houses, Nick
    The Government’s housing infrastructure announcement is another Nick Smith special – over-promising with no detail on delivery, says Labour’s Housing spokesperson Phil Twyford. ...
    2 weeks ago
  • Labour helps older New Zealanders and low income families with winter heating bills
    Labour will further boost its commitment to warm, healthy housing with a Winter Energy Payment for superannuitants and people receiving main benefits, says Leader of the Opposition Andrew Little. “Everyone deserves a warm, healthy home to live in. But that’s ...
    2 weeks ago