
"Combined, New Zealand homes and businesses are currently spending around $55 million every day or $20 billion per year on fossil fuels, most of which are imported," says Saul Griffith. "Approximately two-thirds of New Zealand’s total energy needs are met by burning these expensive fossil fuels. But this country is one of the first in the world to cross an ‘electrification tipping point’, where the cost of buying and financing electric machines is cheaper over the long run than using fossil fuels. That leads to savings for individual households and it could lead to huge savings for the country as a whole.”
Read moreDownload the document hereOld Man Gas will be featuring in a few newspapers and billboards this week discussing the proposed LNG import terminal. Not surprisingly, he has his justifications, but they don't stack up. It is a multi-billion dollar tax on Kiwis that many experts and sector players think is unnecessary.
Read moreDownload"The sentiment around making the electricity market fairer and cheaper for customers is great, but there's still something missing." That's Rewiring Aotearoa CEO Mike Casey's summary of Act's energy policy announcement today.
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