Energy analyst Bryan Leyland is a persistent thorn in the side of the Govt over its electricity generation and climate change policies. Leyland, who unlike most commentators is not willing to toe the politically-correct line, has called for the Emissions Trading Scheme to be scrapped and two Royal Commissions set up: one to examine the […]
In the Budget Finance Minister Michael Cullen said as NZ moves to a sustainable energy future, some new and existing alternatives will need to be underpinned by research. He said $32.5m would be set aside for this purpose. The budget also allocates $23.3m operating and $22.4m capital funding over 4 years towards energy efficiency investments […]
Ian Templeton @ Parliament
Reports are circulating in Wellington the UN negotiations on an international agreement to replace Kyoto 1 are not running smoothly, and may even be going backwards. NZ’s Climate Change Ambassador Adrian Macey held a briefing for stakeholders, and indicated the last round of negotiations in Bangkok did not go well. It now […]
• West Coast wave pattern “ideal.”
• Two very different technologies.
• NZ wave project within three years?
Two overseas wave energy firms are eyeing NZ’s West Coast as the ideal location to test their very different wave energy technologies. Aust-based Carnegie Corporation wants to trial its CETO (Cylindrical Energy Transfer Oscillating) technology off the West Coast because […]
After five months of work drilling the three production wells for the $1bn Kupe gas/condensate project, the Ensco-107 jack-up rig is about to begin a 50-day, $50m drilling campaign of the Momoho prospect in the same permit as the Kupe wells. The Momoho exploration well location is about 5.5km from the Kupe production platform, 30km […]
The Electricity Commission says there’s only a 5% chance the country will run out of water from its hydro lakes this winter, with the Commission needing to call on consumers to go without electricity. Commission chairman David Caygill gave this assessment of the country’s electricity supply position to the WEL Networks Major Customer Forum. Responding […]
National is accusing the Govt of “political manipulation” of figures relating to NZ’s Kyoto liability. The Govt’s latest projection is for a deficit of 21.7m tonnes of CO2 equivalent during the first Kyoto commitment period, which equates to $481m at current carbon prices. This is a sharp revision downwards from the previous Treasury estimate of […]
Chris Mole - Associate Editor
• Key says process should not be rushed.
• National supports ETS in principle.
• Parker - Nat’s stance to cost taxpayers.
Business and farming lobby groups are breathing easier after National’s decision not to support the Govt’s Emissions Trading Scheme. Labour is putting a brave spin on National’s capitulation. But the reality is, […]
Fonterra’s CEO Andrew Ferrier says the world’s greenhouse gas emissions could potentially increase, along with the revenues of offshore dairy competitors, if NZ’s emissions trading scheme is not amended. In the dairy co-operative’s submission to the Finance and Expenditure Select Committee hearings on the Climate Change (Emissions Trading and Renewable Preference) Bill Ferrier says “NZ […]
NZ should be a world leader in climate change? Yeah right. Everyone cheered when Helen Clark said her Govt aimed to create a carbon-neutral country. But when it comes down to “will you pay?” everyone runs hard in the opposite direction. Economic realities (and politics as well) caught up with the Govt last week. In […]
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