The Business Roundtable continues to argue against market mechanisms and in favour of a tax to control NZ’s carbon emissions, and says new information gives NZ breathing space on new climate change policy. The discovery NZ now appears to have a net carbon surplus in the first Kyoto commitment period, rather than the previously […]
Application fees for new, non-GM organisms are to be cut in half to $16,875 under proposed new fee structures posted on the Environmental Risk Management Authority’s website for public comment. However, applications for new genetically modified organisms will in future be charged on a negotiated fee basis, rather than the current fixed fee, assuming the […]
• Customer numbers at 7 year low.
• Disgruntled customers easy to shift.
• Improving marketing crucial.
The key distinguishing feature of Contact Energy’s spectacular collapse in customer numbers over the last six months is the rapid and successful deployment of customer acquisition campaigns targeted at disgruntled customers by Contact’s competitors. Power companies have blundered before, but none […]
Release of new figures showing NZ can currently claim over-performance on its carbon reduction efforts caused some dismay and cynicism among commentators who have seen these numbers swing from the red to the black and back again over recent years. However, Environment Minister Nick Smith’s warning is “get used to it,” especially as NZ’s greatest […]
A $60m upgrade of the giant Maui gas-field, whose recoverable reserves have been estimated to be around 300PJ, could extend the life of the field beyond 2020, well beyond what was originally estimated to be the field’s life, projected to be around 25 years. Modern techniques hold out the hope a significant amount of gas […]
• Construction not for 10 years.
• Long consultation process.
• Many ecological concerns.
The crucial factor in Contact Energy’s announcements on possible Clutha River developments is the timescale - 10 years at best before construction might even begin. This makes arguments there is no immediate need for a Clutha hydro project irrelevant. For example, Greens leader Jeanette […]
Oil production from the newly developed Maari field offshore in south Taranaki is up to 26,000 barrels a day, and a third production well which has been drilled is being hooked up to the wellhead platform and the FPSO Raroa. The next phase of the drilling campaign is to drill three water injection wells. Sydney-based […]
The Sustainability Council has told the Emissions Trading Scheme Select Committee NZ is wasting the opportunity to make a major and profitable cut in its emissions from agriculture almost immediately. Based on analysis from an August 2008 report by the globally respected emissions reduction consultancy, ICF International, the Council’s executive director, Simon Terry, concludes “the […]
In the US, regulators are given some powers to move against profi-maximising “net pivotal” generators. “The short-term market operator … determines whether a supplier or a set of suppliers are jointly pivotal. If this is the case then the offers of this supplier or this set of suppliers are mitigated to some reference offer level […]
Oil production from the newly developed Maari field offshore in south Taranaki is up to 26,000 barrels a day, and a third production well which has been drilled is being hooked up to the wellhead platform and the FPSO Raroa. The next phase of the drilling campaign is to drill three water injection wells. Sydney-based […]
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