The Business Roundtable has welcomed the Govt’s indication it will consider a carbon tax rather than the ETS. Executive Director Roger Kerr says its belief a carbon tax might be superior to an ETS is not a reversal of its earlier views. Kerr notes the Business Roundtable’s submission on the ETS Bill last year favoured […]
NZ’s fledgling carbon trading sector has been thrown into disarray by the Govt’s decision to shelve the Emissions Trading Scheme. While some form of emissions trading still seems the most likely long-term outcome, the Govt’s move is a major blow to carbon traders and brokers, who just a few weeks ago were gearing up for […]
• Resources high on National agenda.
• Electricity price stability seen as vital.
• Balance of all factors in mineral search.
Gerry Brownlee, third-ranking Minister in John Key’s Cabinet, has a crucial role in the new administration. He’s not only Minister of Economic Development, and Minister of Energy and Resources. “I’m delighted to have Resources attached to the […]
An NZ Energy and Environment Business Week analysis of the 19 submissions made to the Electricity Commission’s call for commentary on “the big issues” in the electricity sector has found the two biggest issues for the big players in the industry are:transmission pricing anomalies stifling new investment and exacerbating the emergence of regional “monopolies” for […]
Naming his new Cabinet on Monday, John Key has nominated third ranking Gerry Brownlee in the major posts of Economic Development, and Energy and Resources. Sixth ranked Dr Nick Smith will be Minister for the Environment and Minister for Climate Change issues. As well he will be ACC minister. Incoming Trade Minister Tim Groser, because […]
• ETS implementation to be delayed.
• Forestry and business left in limbo.
• Nats still committed to Kyoto.
It’s pretty much back to the drawing board for the Emissions Trading Scheme under the coalition agreement between National and ACT. A high-level Select Committee is to be set up to review the ETS legislation and recommend amendments or […]
$1bn of insulation retro-fitting for low income and elderly NZers’ low quality housing is almost certainly for the chop. The policy has unimpeachable long-term public health benefits because warmer, drier homes prevent asthma and other respiratory illness. However, the package was the price of the Greens’ support for Labour’s Emissions Trading Scheme, itself an early […]
National has a two phase approach and will move in its first 100 days to make several initial changes to the RMA, but has been much vaguer on policy detail than its determination to make quick changes might suggest. Phase One changes will seek to reduce costs, delays and uncertainties in the Act, and will […]
• Business, farmers seek changes.
• ACT opposes ETS and Kyoto.
• Host of amendments likely.
Big business and farmers are breathing easier after the election of a National-led Govt, which is likely to make significant changes to the Emissions Trading Scheme. National’s likely coalition partner, ACT, wants to scrap the ETS and withdraw from the Kyoto Protocol […]
Electricity companies need not have worried about long-awaited Govt reports into retail electricity competition being rushed out ahead of the election. There was a lot of heavy breathing about the possibility last month, when Contact Energy announced 10-12% tariff increases for customers south of the Cook Strait cable transmission constraint, which has changed the cost […]
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