The Major Electricity Users Group is using the Ministerial Review of the electricity market as an opportunity to poke the borax at the electricity industry’s CEO Forum, where the five generator-retailer CEO’s meet regularly to discuss common issues. While the Forum always meets with a lawyer present to advise against any anti-competitive discussions, and there […]
Top Crown Minerals officials who have toured the world promoting the upcoming new blocks on offer in the deeper water Northland and Raukumara Basins, say NZ ranks in the top five of new frontier regions for oil exploration. Crown Minerals petroleum manager Mark Alaprantis and chief geologist Dr Richard Cook say despite the current prevailing […]
With the Select Committee reviewing the Emissions Trading Scheme now running some three months behind schedule, it appears inevitable a significant delay to implementation of the whole scheme will need to be announced shortly. However, sectors due to come into the scheme should expect the entry dates which have already been announced will continue to […]
Of the hundreds of pages making up the so-called Wolak Report on the use of market power in the wholesale electricity market, it is 20 pages right at the end which are exciting most interest as the Ministerial Review of the market proceeds. Appendix One of the report reflects on various possible remedies, noting “virtually […]
A “sorry story of delay, frustration, and unnecessary costs,” is how Environment Minister Nick Smith describes the outcome for 16,000 homeowners, businesses and farmers, whose resource consents were not processed within legal timeframes. Smith argues the record number of late resource consents underlines the need for changes in law and practice with the Resource Management […]
• Tradeoffs loom as agriculture intensifies.
• More central government control likely.
• Gambling on collaborative approach.
Environment Minister Nick Smith is hanging his hat on a collaborative and carefully paced water management reform process he hopes can overcome NZers’ inherent suspicion of hidden privatisation agendas. At the heart of issues to be considered by the newly formed […]
Ports of Auckland and Ashburton District Council were among the winners of 2009 Green Ribbon Awards announced by Environment Minister Nick Smith. Ports of Auckland won the Business category awarded each year to a company which demonstrates an ongoing commitment to reducing environmental impacts. Ashburton DC’s award cites its outstanding effort to create affordable household […]
The Kupe gas/condensate project construction is nearing completion at its south Taranaki production station, and work on testing the first of many systems involved at the station located west of Hawera has begun. Kupe operator Origin Energy says construction of the production station is around 94% complete. Origin says the plant is on track for […]
• Wolak disbelieved but politically potent.
• “Half-measures” deemed insufficient.
• Asset reallocation looking attractive.
Work is proceeding apace on the report for Cabinet from the Ministerial Review of the electricity sector, with a first draft from MED officials circulating for comment among the panel of experts appointed by Energy Minister Gerry Brownlee. The paper is due to […]
Dairy giant Fonterra has completed an 18 month project which gives a first accurate picture of greenhouse gas emissions from its NZ operations. Among key findings are one litre of liquid milk produces 940 grams of C02; 85% of the emissions occur on the farm, 59% of which are methane and 24% nitrous oxide; […]
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