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

  • Tokelau Language Week reminds us to stay united and strong
    Staying strong in the face of challenges and being true to our heritage and languages are key to preserving our cultural identity and wellbeing, is the focus of the 2020 Tokelau Language Week. Minister for Pacific Peoples, Aupito William Sio, says this year’s theme, ‘Apoapo tau foe, i nā tāfea ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • NZ announces a third P-3 deployment in support of UN sanctions
    The Government has deployed a Royal New Zealand Air Force P-3K2 Orion (P-3) maritime patrol aircraft to support the implementation of United Nations Security Council (UNSC) resolutions imposing sanctions against North Korea, announced Minister of Foreign Affairs Winston Peters and Minister of Defence Ron Mark. “New Zealand has long supported ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Pacific trade and development agreement a reality
    Pacific regional trade and development agreement PACER Plus will enter into force in 60 days now that the required eight countries have ratified it. Trade and Export Growth Minister David Parker welcomed the announcement that the Cook Islands is the eighth nation to ratify this landmark agreement. “The agreement represents ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Securing a pipeline of teachers
    The Government is changing its approach to teacher recruitment as COVID-19 travel restrictions continue, by boosting a range of initiatives to get more Kiwis into teaching. “When we came into Government, we were faced with a teacher supply crisis,” Education Minister Chris Hipkins said. “Over the past three years, we ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Border exceptions for a small number of international students with visas
    The Government has established a new category that will allow 250 international PhD and postgraduate students to enter New Zealand and continue their studies, in the latest set of border exceptions. “The health, safety and wellbeing of people in New Zealand remains the Government’s top priority. Tight border restrictions remain ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • First COVID-19 vaccine purchase agreement signed
    The Government has signed an agreement to purchase 1.5 million COVID-19 vaccines – enough for 750,000 people – from Pfizer and BioNTech, subject to the vaccine successfully completing all clinical trials and passing regulatory approvals in New Zealand, say Research, Science and Innovation Minister Megan Woods and Health Minister Chris Hipkins. ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • International statement – End-to-end encryption and public safety
    We, the undersigned, support strong encryption, which plays a crucial role in protecting personal data, privacy, intellectual property, trade secrets and cyber security.  It also serves a vital purpose in repressive states to protect journalists, human rights defenders and other vulnerable people, as stated in the 2017 resolution of the ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Ministry of Defence Biodefence Assessment released
    The Ministry of Defence has today released a Defence Assessment examining Defence’s role across the spectrum of biological hazards and threats facing New Zealand. Biodefence: Preparing for a New Era of Biological Hazards and Threats looks at how the NZDF supports other agencies’ biodefence activities, and considers the context of ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New Approaches to Economic Challenges: Confronting Planetary Emergencies: OECD 9 October 2020
    New Approaches to Economic Challenges: Confronting Planetary Emergencies: OECD 9 October 2020 Hon David Parker’s response following Thomas Piketty and Esther Duflo. Good morning, good afternoon, and good evening, wherever in the world you might be. I first acknowledge the excellent thought provoking speeches of Thomas Piketty and Esther ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Kaipara Moana restoration takes next step
    A Memorandum of Understanding has been signed today at Waihāua Marae between the Crown, local iwi and councils to protect, restore and enhance the mauri of Kaipara Moana in Northland. Environment Minister David Parker signed the document on behalf of the Crown along with representatives from Ngā Maunga Whakahī, Ngāti ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • New Zealand and Uruguay unite on reducing livestock production emissions
    Agriculture Minister Damien O’Connor and Uruguayan Minister of Livestock, Agriculture and Fisheries Carlos María Uriarte have welcomed the launch of a three-year project that will underpin sustainable livestock production in Uruguay, Argentina, and Costa Rica.  The project called ‘Innovation for pasture management’ is led by Uruguay’s National Institute of Agricultural ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • 3100 jobs created through marae upgrades
    Hundreds of marae throughout the country will be upgraded through investments from the Provincial Growth Fund’s refocused post COVID-19 funding to create jobs and put money into the pockets of local tradespeople and businesses, Regional Economic Development Minister Shane Jones and Māori Development Minister Nanaia Mahuta have announced. “A total ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Health volunteers recognised in annual awards
    Health Minister Chris Hipkins has announced 9 teams and 14 individuals are the recipients of this year’s Minister of Health Volunteer Awards.  “The health volunteer awards celebrate and recognise the thousands of dedicated health sector volunteers who give many hours of their time to help other New Zealanders,” Mr Hipkins ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Community COVID-19 Fund supports Pacific recovery
    The Minister for Pacific Peoples, Aupito William Sio says a total of 264 groups and individuals have successfully applied for the Pacific Aotearoa Community COVID-19 Recovery Fund, that will support Pacific communities drive their own COVID-19 recovery strategies, initiatives, and actions. “I am keen to see this Fund support Pacific ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Community benefits from Māori apprenticeships
    Up to 50 Māori apprentices in Wellington will receive paid training to build houses for their local communities, thanks to a $2.75 million investment from the Māori Trades and Training Fund, announced Employment Minister Willie Jackson today. “This funding will enable Ngāti Toa Rangatira Incorporated to provide its Ngā Kaimahi ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Training fund supports Māori jobseekers
    Rapidly growing sectors will benefit from a $990,000 Māori Trades and Training Fund investment which will see Wellington jobseekers supported into work, announced Employment Minister Willie Jackson today. “This funding will enable Sapphire Consultants Ltd. to help up to 45 Māori jobseekers into paid training initiatives over two years through ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Ruakura Inland Port development vital infrastructure for Waikato
    The Government is investing $40 million to develop an inland port at Ruakura which will become a freight super-hub and a future business, research and residential development for the Waikato, Urban Development and Transport Minister Phil Twyford, and Māori Development Minister Nanaia Mahuta announced today. The funding has been has ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Appointments made to Defence Expert Review Group
    Defence Minister Ron Mark announced today the establishment of an Expert Review Group to review a number of aspects of the New Zealand Defence Force’s (NZDF) structure, information management and record-keeping processes.  The Expert Review Group’s work arises out of the first recommendation from the Report of the Government’s Inquiry ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • No active community cases of COVID-19
    There are no active community cases of COVID-19 remaining in the country after the last people from the recent outbreak have recovered from the virus, Health Minister Chris Hipkins said today. “This is a big milestone. New Zealanders have once again through their collective actions squashed the virus. The systems ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Clean energy upgrade for more public buildings
    More public buildings will be supported by the Government to upgrade to run on clean energy, the Minister for Climate Change James Shaw announced today. Minister Shaw announced that Lincoln and Auckland universities will receive support through the Clean-Powered Public Service Fund to replace fossil fuel boilers. Southern, Taranaki, and ...
    BeehiveBy beehive.govt.nz
    3 weeks ago
  • Schools back donations scheme for the second year
    More schools have opted in to the donations scheme for 2021, compared to 2020 when the scheme was introduced. “The families of more than 447,000 students will be better off next year, with 94% of eligible schools and kura opting into the scheme,” Education Minister Chris Hipkins said. “This is ...
    BeehiveBy beehive.govt.nz
    3 weeks ago