web analytics

Ideology causes power price spike

Written By: - Date published: 7:16 am, December 18th, 2010 - 30 comments
Categories: energy - Tags: , ,

Gerry Brownlee was warned his electricity reforms would increase power prices, not lower them as intended. He ignored the advice.

Wholesale power prices have spiked from $50 to $300 per MWH. Exporters have cut production as a result. Residential prices are next.

Brownlee’s Electricity Authority’s first job is to investigate why its own creation has caused a power price spike.

With power up and petrol breaking $2 a litre, energy is a handbrake on this supposed economic recovery. The price of oil is beyond New Zealand’s control, but the electricity price shock is entirely a result of National’s outdated neoliberal ideology.

30 comments on “Ideology causes power price spike ”

  1. I think these reforms have little to do with ideology, and much to do with the fact that the power companies kept mismanaging their hydro-generation causing power-shortages in the middle of winter and denting the previous government’s popularity, and Brownlee doesn’t want that to happen under his watch.

    • Draco T Bastard 1.1

      The “more competition” mantra is pure ideology. Power is a natural monopoly and should be state owned so that their isn’t any competition to drive up prices.

      • Tigger 1.1.1

        Agreed DTB and Marty – more of the ‘choice’ crap that doesn’t work or doesn’t matter in certain areas – such as power. How about this NZ – state owned power that’s job is to produce power at zero cost to the taxpayer (ie. it must be fully self supporting and pay for its running costs, investment, infrastructure etc) and deliver costs as low as possible to the consumer. The only problem with this for the right is that no one is making a buck off someone…

        • jcuknz 1.1.1.1

          ‘Choice’ is not crap but has to be exercised with thought and care and not artificially created where it doesn’t really exist or can exist … that is what exercising choice is all about if you think about it 🙂
          edit–I may have fallen into the trap of selecting two words to comment on rather than the whole sentence .. sorry Trigger 🙁

      • Vicky32 1.1.2

        Absolutely right, DTB!
        Deb

  2. the fact is, dry years will happen, you can’t eliminate the cost associated with that risk.

    What I’m hearing from people who are actually in the electricity trading sector is that this pushes up price because its a clumsy attempt to punish hydro dependent generators for events beyond their control and they’re effectively adding an expensive layer of insurance to their pricing.

    And Brownlee’s stupid division of the Waitaki dams between Genesis and Meridian will actually make optimal water use more difficult and even encourage Genesis to bypass Meridian’s dams, wasting water.

    The idea that you can have cost-saving competition in electricity is pure ideology.

  3. the fact is, dry years will happen, you can’t eliminate the cost associated with that risk.

    No, but you can incentivise the power companies to manage the risks responsibly. This seems like a fairly left-wing policy to me.

    • ghostwhowalksnz 3.1

      The first thing Contact energy did when privatised was to sell off the Gas turbines it had at Stratford, a power station located at a choke point in the distribution system.
      Its called market power, no pun intended, any you see it in petrol giants owning the tanks in independent service stations( early NZ petrol stations had competing brands next to each other).
      This time with the power generators they probably had ‘scheduled maintenance’ to create an advanatge for them

    • lprent 3.2

      …seems like a fairly left-wing policy to me.

      So? This is a left-wing site – thanks for the compliment to Marty

      The existing right wing policy already meant to have strong incentives in it – those of the market. According to the ideological idiots on the right that should provide all of the incentives required. But that also must explain why we have kept having these perverse ‘market’ problems with limited capacity to cover the ‘exceptions’.

      Of course there is that perverse market dynamic that is present for effective natural monopolies running under market condition. The supply goes down thereby increasing prices, and therefore the profit. Why would they take that profit and invest it into increasing supply to cover the exceptions? It would cut their ability to make those profits in the future. The costs to the people buying the power don’t matter to them because where are they going to go to….

      The power generation system in NZ shows all of the standard market behaviors of natural monopolies. So I’d say that the ideological drive towards pushing the generation system into the market has clearly failed.

      That means you should either regulate their pricing and business practices or bring them under state control.

      • NickS 3.2.1

        Too hot to break this down, but another possibly way of getting across the concept of natural monopolies could be to use ecology and evolution stuff to do with niche space and how in certain environments the biomass of photosynthetic organisms becomes found primarily in only one or two species due to local conditions. Such as homogeneity of the terrain matrix (soil chemistry, moisture), local climates (temp ranges, microclimates), sunlight intensity.

        There’s also some thermodynamics stuff as well, but the thesis idea is that monopolies in terms of biomass occur as emergent functions and represent a stable valley point. Governed by energy availability + temperature ranges + soil moisture, and less governed by soil chemistry in term of nutrient availability. Per examples of tropical jungles and reef ecosystems, where energy input (and soil moisture in terms of jungles) allows for massive biological diversity in the face of low levels of essential mineral nutrients.

        So leaping over to power generation, it’s not hard to see the above can be used to think of analogous processes, say for example in a city, power distribution and generation opportunities at the micro level (wind, solar, heat recovery) become very dense, but at low levels. While power generation and distribution at the macro level is restricted. Though I’d really need to flesh this out to really see if it works, but the basic idea is that power generation & distribution at macro levels, due to limiting factors, has a stable valley in monopolies. i.e. over time power gen+distro companies will naturally drop into monopolies due to fitness costs of competition or diverge into niche power generation/distro areas.

        Bork. It’s already hit 32 C here in christchurch, and me without any money to spare for some cider…

      • Swampy 3.2.2

        How do you stop price rises forced by the Government asking for bigger dividends?

        Cullen got over a billion dollars of special dividends from Meridian, used to finance 2005 and 2008 campaign promises.

    • Bored 3.3

      Answer to how you can incentivise power companies to manage risks responsibly? By not leaving it to companies at all. A properly run supply electricity department worked very well for NZ for most of the last century. It was never SOEd / made into companies because it was not efficient, or effective, and proved a very good risk manaager. The current structure is wholy an ideological construct, and it does not work as well. Time to revert.

  4. RedLogix 4

    And Gerry’s solution this morning? Is to sell Whirinaki!!! Like that will help somehow.

    Ah the powers of the magical market.

    PS. This last Thursday the spot market price was actually around $450/MWhr for a good part of the day. For many users a short 30min peak or two at that price is not too bad, you can often re-schedule around it. But when it holds at these kinds of high prices for many hours….

    • Roger 4.1

      “Ah the powers of the magical market.”

      That really is the ideological theory behind this move. If we allow the market to determine electricity output we will always have short supply because backup stations (like Whirinaki) have to recover both fixed and marginal costs during the few times that they operate a full capacity. Gerry’s decision will see either rolling blackouts or as Crosby Textor would prefer, electricity conservation campaigns targeted at residential users to keep the spot price down for businesses.

  5. Bored 5

    I have always thought that the whole market concept to the generation of electricity in NZ to be a load of old bollocks to ideologically please some whilst allowing others (usually the same people) to suck at the trough at the expense of others (the rest of us).

    I have heard absolutely nothing to convince me that the whole supply is not most effectively and efficiently run, distributed and sold on a cost plus model in which the capital costs, and opex are known, with supply managed across th whole grid to meet demand. What more can an artificial market add?

  6. Dan 6

    Bradford, Brownlee… they are interchangeable. Remember the promises of Bradford. They should have taken the omen from Muldoon who opened the TEPB Ruahihi power scheme near Tauranga and it collapsed the next day. Power is a natural monopoly, as others have said, and Labour would win back a lot of votes by renationalising the service. The efficiencies are not there in the private sector. Once again it has been a case of privatising the profits, but blaming climatic events, whatever, for the poor record of new infrastructure.

    • Swampy 6.1

      Power is not a natural monopoly as there is not a single point of supply. The state already owns the majority of generation in NZ

      • Dan 6.1.1

        Sorry Swampy, I disagree on your definition of a natural monopoly. From Wikipedia, the following: A natural monopoly arises where the largest supplier in an industry, often the first supplier in a market, has an overwhelming cost advantage over other actual and potential competitors. This tends to be the case in industries where capital costs predominate, creating economies of scale that are large in relation to the size of the market, and hence high barriers to entry; examples include public utilities such as water services and electricity. It is very expensive to build transmission networks (water/gas pipelines, electricity and telephone lines); therefore, it is unlikely that a potential competitor would be willing to make the capital investment needed to even enter the monopolist’s market.
        Thanks for your steer on ownership. I guess its the notion of profits from Genesis, Meridian, etc going to shareholders instead of new infrastructure that bugs me.

  7. KJT 7

    Entirely predictable. As is the inefficiency of many other private and publically owned entities run under the managerial cult.

  8. stevo 8

    While anything that Gerry touches generally turns to pus… what we are seeing now is the effect of very low levels in Manapouri and Te Anau, which supplies Tewai, and under the contract to supply that glutton for gigawatts with guaranteed cheap power, it means that Benmore and the other Meridian Waitaki generators are called on to supply Tewai with energy that would otherwise be destined for the rest of the country (even though Pukaki and Tekapo are more than 50% above minimum and there is spare capacity in the cook straight cable), hence the price spikes…thanks Max.

    Without Tewai point (how many jobs there?),with some serious cables to the North Island, electric cars and cheap energy would be available to everyone, particularly the manufacturing exporters and dammit, those irrigated farms.

    But cheap energy, that thing that built NZ, where did it go?….. FCUK you Max…FCUK you.

  9. Swampy 9

    Power pricing is under pressure because of the high likelihood of an energy crisis this year.

  10. Smoko Joe 10

    Hang on a mo – how many of you “right-on” readers of The Standard think the emissions trading scheme is a good idea, that peak oil and the rise of energy prices will bring about technoloogical transformation to a clean energy future? Yep, pretty much all of you.

    At the same time, through this thread is an endless expectation that power prices should somehow be kept lower than their real cost of production. Crap. The reason power prices are rising over the long term – forget the gyrations and oddities of short term wholesale prices – is that wind, hydro, geothermal and new gas (and coal once carbon is priced properly), and particularly solar and tidal power, all cost more than current generation sources. From an environmental perspective, that’s actually positive, surely. Cars didn’t get smaller and more fuel-efficient because someone thought that would be a nice thing to do. Rather, the price of fuel went up and so people bent their minds to using less fuel better. That’s a good thing, isn’t it? What am I missing?

Links to post

Recent Comments

Recent Posts

  • New guidance for climate action at the local level
    The Government has released new guidance to support stronger links between New Zealand’s climate change goals, and local and regional planning. From today, it has become a legal requirement for local governments to consider the Government’s National Adaptation Plan and Emissions Reduction Plan when preparing or changing regional policy statements, ...
    BeehiveBy beehive.govt.nz
    11 hours ago
  • World-first bedside blood test good for people, good for health system
    A single blood test that can diagnose heart attacks in minutes instead of hours, saving the health system millions of dollars and getting patients treated faster, is being rolled out in New Zealand hospitals, says Health Minister Andrew Little. “This research, led by emergency doctors at Christchurch Hospital, is ground-breaking,” ...
    BeehiveBy beehive.govt.nz
    12 hours ago
  • New rongoā workstream announced alongside Therapeutic Products Bill
    A new workstream has been established within government to consider how rongoā might be protected in legislation. This comes as the Therapeutic Products Bill is introduced in Parliament today, Associate Minister for Health (Māori) Hon Peeni Henare said. “Under Te Tiriti o Waitangi, the Crown has an obligation to actively ...
    BeehiveBy beehive.govt.nz
    14 hours ago
  • Therapeutic Products Bill introduced
    Legislation to modernise the way medicines, medical devices and natural health products are regulated has been introduced in Parliament today. The Therapeutic Products Bill replaces the Medicines Act 1981 and Dietary Supplements Regulations 1985 with a comprehensive regulatory regime that is fit for the future. Health Minister Andrew Little said ...
    BeehiveBy beehive.govt.nz
    14 hours ago
  • New Climate Action Centre to support farmers maintain international edge
    New Climate Action Centre launched to support farmers reduce ag emissions through R&D investment 50:50 joint venture between Government and agribusiness to accelerate product development First Centre projects launched to get farmers the emissions reducing tools sooner Indicative funding commitment rising to $35 million per year by Joint venture partners, ...
    BeehiveBy beehive.govt.nz
    15 hours ago
  • Progress on firearms register and safety authority
    The launch today of a new firearms regulator to ensure the legitimate possession and use of firearms, and an online portal to apply for licences, marks a significant step towards modernisation and improvements in gun safety, Police Minister Chris Hipkins says.     Police is moving from being an administrator of ...
    BeehiveBy beehive.govt.nz
    15 hours ago
  • Government sets out next steps for on-farm sequestration strategy
    Government to work with primary sector on developing a sequestration strategy Government confirms today it will bring all scientifically robust forms of sequestration into the Emissions Trading Scheme, starting from 2025. This will be done at full value, rather than at a discount, so farmers can realise the true potential ...
    BeehiveBy beehive.govt.nz
    16 hours ago
  • Prime Minister concludes bilateral talks with Finnish PM
    Prime Minister Jacinda Ardern and Finnish Prime Minister Sanna Marin have concluded their first in person bilateral meeting in Auckland this morning. The Prime Ministers reiterated how their respective countries shared similar values and reflected on ways to further strengthen the relationship between New Zealand and Finland. “New Zealand and Finland ...
    BeehiveBy beehive.govt.nz
    16 hours ago
  • Plan to boost value & lift sustainability of NZ forestry sector
    Sector ITP to grow domestic processing and low-carbon wood products Grow the wood processing sector by 3.5 million cubic metres (25%) by 2030 Grow export earnings from value-added wood products by $600 million by 2040 Increase the use of domestic timber in construction by 25% by 2030 The Forestry and ...
    BeehiveBy beehive.govt.nz
    17 hours ago
  • Government supports more energy-saving projects to help more Kiwis save money
    17 community energy-saving education projects share $1.7 million Builds on success of previous Government projects that have supported more than 13,000 households and 440 energy education events with more than 80,000 LEDs distributed Helping households to reduce their energy bills and make their homes warmer and more energy-efficient, is the ...
    BeehiveBy beehive.govt.nz
    17 hours ago
  • Govt funds new 80-bed mental health unit for Canterbury
    The Government has granted final approval for a new 80-bed acute mental health facility at the Hillmorton Hospital campus, Health Minister Andrew Little says. “This is the second stage of Hillmorton’s major infrastructure redevelopment programme and is one of the largest investments ever made in New Zealand’s mental health infrastructure ...
    BeehiveBy beehive.govt.nz
    20 hours ago
  • Māori education momentum rolls on with new wharekura
    A new Year 1-13 wharekura will extend Māori Medium Education into Porirua West from 2027, Associate Education Minister Kelvin Davis announced today. “The establishment of Te Kākā Kura o Ngāti Toa Rangatira will over time provide a local option for up to 200 tamariki and rangatahi on the western side ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Easing administrative burden on farmers through new integrated farm planning projects
    37 new investments to simplify planning and reduce paperwork for farmers and growers Targeted projects for Northland, Waikato, Bay of Plenty, Taranaki, Gisborne, Hawke’s Bay, Manawatū-Whanganui, West Coast, Canterbury, and Otago Resources, a digital wallet and template tools to help farmers develop and integrate their farm planning. The Government is ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • New Commerce Commission Chair appointed
    Commerce and Consumer Affairs Minister Dr David Clark has today announced the appointment of Dr John Small as the new Chair of the Commerce Commission. “Dr Small has made a valuable contribution to a broad range of the Commission’s work in his roles as associate member and member, which he ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Realising housing dreams for the Kāpiti Coast
    Much needed public housing is on the way for the Kāpiti Coast thanks to the Government’s purchase of a large vacant plot of land at 59-69 Raumati Road in Raumati Beach. “This purchase will ultimately mean more families have a place to call home and demonstrates our commitment to resolving ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Decarbonisation industry milestone reached in Timaru
    A pioneering boiler conversion project is now up and ready to go, using woodchips to make potato chips, while slashing emissions. “McCain’s newly converted coal boiler will reduce CO2 emissions at its Timaru factory by 95% and is an excellent example of the great climate gains we can achieve through ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Fiftieth Anniversary of Diplomatic Relations With China
    Chinese Embassy Reception Te Papa, Wellington   Tēnā koutou katoa, Da jia hao Let me first acknowledge Ambassador Wang Xiaolong, thank you for the invitation this evening, it is a pleasure to be here. I would also like to acknowledge current and former Parliamentary colleagues, as well as members of ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Govt keeps AM on the air in Northland
    Minister of Broadcasting and Media Willie Jackson and Minister for Emergency Management Kieran McAnulty today announced a $1.48 million package to fund the repair and replacement of three transmission masts in Northland to ensure AM radio can stay on air in the region. “This funding will secure the reinstatement of ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Multi million dollar package to tackle retail crime and reoffending
    A multi million dollar package to tackle retail crime and reoffending is the most significant crime prevention financial package in recent memory  New fog cannon subsidy scheme set up. Government to provide $4000 for all small shops and dairies in New Zealand who want a fog cannon installed, with shops ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Funding boost to support NZ’s game development industry
    New Zealand’s game developers will receive an immediate funding boost to help support the growth of local studios beyond the current Dunedin centre. “New Zealand’s game development sector has been rapidly growing. The latest data from the New Zealand Game Developers Association shows the total revenue for the industry is ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • A new strategy for Pacific housing
    New and existing housing initiatives are being brought together to improve home ownership for Pacific people said Minister for Pacific Peoples, Aupito William Sio. Fale mo Aiga: Pacific Housing Strategy and Action Plan 2030, launched today, is the Government’s targeted response to the housing challenges faced by Pacific Aotearoa. Minister ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government takes action on pay parity for healthcare workers
    Thousands of frontline community health workers – including nurses in aged-care facilities - are in for a pay rise as the Labour Government takes action on pay parity in the health sector. “I’m pleased to announce that Cabinet has agreed to on-going funding of $200 million a year so that ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • World’s first algae-based local anaesthetic another step closer to reality
    A partnership between the Government and the Cawthron Institute has delivered a breakthrough in the production of a potent microalgal ingredient for the world’s first algae-based pain medication, Agriculture Minister Damien O’Connor announced.  “Scientists at Cawthron Institute in Nelson have developed a reliable and commercially scalable method for producing neosaxitoxin, ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Ngāti Mutunga o Wharekauri and the Crown sign Agreement in Principle| Ka waitohu a Ngāti Mutunga o...
    Ngāti Mutunga o Wharekauri and the Crown have signed an Agreement in Principle marking a significant milestone towards the settlement of their historical Treaty of Waitangi claims. Ngāti Mutunga are based on Wharekauri/Chatham Islands and are the second of two iwi/imi to reach agreement with the Crown. “Today’s signing follows ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Further ACC reforms introduced to Parliament
    New reporting requirements on access to ACC Earlier access to minimum rate of compensation Refinement to ACC purpose to focus on supporting all eligible injured people to access ACC The Accident Compensation (Access Reporting and Other Matters) Amendment Bill which aims to improve access to ACC for all injured people, ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government supports Chatham Islands' resilience
    The Government is supporting the Chatham Islands’ resilience to extreme weather events and natural hazards through a grant to secure safe drinking water, Minister for Emergency Management Kieran McAnulty said. “Many households in the Chatham Islands lack easy access to drinking water and have been forced to get water to ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New Chief Coroner appointed
    Coroner Anna Tutton has been appointed as the new Chief Coroner, Attorney-General David Parker announced today. Anna Tutton was appointed as a Coroner in January 2015, based in Christchurch, and as Deputy Chief Coroner in 2020.  After the previous Chief Coroner, Judge Deborah Marshall, retired Ms Tutton took on the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • DIRA Amendment Bill passes third reading
    The Government has passed an Amendment Bill today to support Fonterra’s move to a new capital structure and the continued success of New Zealand’s dairy industry. The Dairy Industry Restructuring (Fonterra Capital Restructuring) Amendment Bill will allow the Fonterra co-operative to make changes to its capital structure, as well as ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Minister Whaitiri to attend Food Ministers’ Meeting with Australian counterparts
    Minister for Food Safety Meka Whaitiri will attend the Fourth Australia and New Zealand Food Ministers’ Meeting in Melbourne on Friday. It will be the first time the meeting has been held in person since the Covid-19 pandemic disrupted international travel. “The Food Ministers’ Meeting sets the policy direction for ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • New Kiwibank parent appoints directors
    David McLean and Sir Brian Roche have been appointed as the first two directors of the newly incorporated Kiwi Group Capital Limited (KCG), the parent company of Kiwibank. In August, the Government acquired 100 percent of Kiwi Group Holdings, which also operates New Zealand Home Loans, from NZ Post, ACC ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Defence Ministers meet in Cambodia
    Minister of Defence Peeni Henare attended the Association of Southeast Asian Nations (ASEAN) Defence Ministers’ Meeting-Plus (ADMM-Plus) in Siem Reap, Cambodia. “The first face to face meeting of the ADMM-Plus members is an opportunity for me to highlight New Zealand’s position on key regional security matters,” Peeni Henare said.  “In ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Pay equity extended to thousands more social workers
    The Government will extend pay equity to all community and iwi organisations who employ social workers and receive funding from the Crown, Minister for Women Jan Tinetti announced today. We expect this will improve the lives of approximately 4,600 social workers. “This extension means thousands more social workers will be ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Taskforce set up to protect construction industry from product shortages & delays
    New ‘Critical Materials Taskforce’ will trouble shoot building materials shortages Focus on maximising productivity & cushioning businesses from supply chain risks Successful ‘Plasterboard Taskforce’ reshaped to include broader sector knowledge and expertise Will provide guidance, data and information to support builders, designers and business owners A new Critical Materials Taskforce ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Bigger ED, more theatres and more beds in new Whangārei Hospital
    A new emergency department with three times more space will be part of the first stage of a two-stage project to build a new hospital for Whangārei and Northland. The Government has today confirmed funding for stage one of the new hospital – an acute services building and a child-health ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Finnish PM to visit New Zealand
    Finland’s Prime Minister Sanna Marin, accompanied by Minister for Development Cooperation and Foreign Trade Ville Skinnari and a business delegation will visit New Zealand next week, Prime Minister Jacinda Ardern announced today. The two leaders will meet in Auckland. “New Zealand and Finland are natural partners. We share similar approaches ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • New recreational rules to support hāpuku and bass fisheries
    The daily limits on recreationally caught hāpuku (also known as groper) and bass will be lowered to a total of two per person in some areas, with a new accumulation limit of three per person on multi-day trips. Oceans and Fisheries Minister, David Parker said the rule changes would take ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Jobs for Nature enabling Mātāuranga Māori
    Mātāuranga Māori is at the heart of the latest tranche of Jobs for Nature projects set to promote biodiversity and reduce impacts of climate change on Māori land, Minister of Conservation Poto Williams says. Project work will include the creation of an ecological corridor in Tairāwhiti, protecting 60 hectares of ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Supporting resilient shipping infrastructure in Vanuatu
    The Government has announced further support to Vanuatu to assist in constructing climate-resilient wharves as part of the Vanuatu Inter-Island Shipping Support Project (VISSP). “Aotearoa New Zealand is committed to supporting the economic recovery of our Pacific region in a way that continues to provide growth and supports climate resilience,” ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government welcomes High Court ruling on climate case
    The High Court has today confirmed the legality of the advice provided by the Climate Change Commission (the Commision) to inform New Zealand’s nationally determined contribution (NDC) and the first three emissions budgets.  Minister of Climate Change James Shaw says New Zealanders can have confidence in the Commission and of ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Government introduces changes to mining Act with stronger environmental focus
    ·         Crown Minerals Act will no longer actively “promote” prospecting, exploration, and mining of Crown-owned minerals ·         Will create more certainty around engagement between industry, iwi and hapū. The Government is proposing changes to modernise the Crown Minerals Act 1991 (CMA) to support more environmentally conscious management of resources, says ...
    BeehiveBy beehive.govt.nz
    1 week ago