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Newsroom journalist Marc Daalder, who was facilitating the discussion on the first day of the Electrify Queenstown conference, reports on the Government's active consideration of one of the most critical proposals in Rewiring Aotearoa's manifesto: electrification loans (and not just for solar) for everyone.
As he wrote:
A new policy manifesto from electrification advocacy group Rewiring Aotearoa has notched a success already, with Energy Minister Simon Watts confirming he’s open to adopting one of its most critical proposals.
Nearly 60 policies are included in Rewiring’s roadmap to electrifying New Zealand, with each ranked on a 1-10 scale from lower to higher impact. The organisation has found electrifying the 84 percent of fossil fuelled machines in New Zealand which are economically and technology viable to electrify could save Kiwis $29 million a day by 2040.
The only policy ranked a 10 is making electrification loans accessible to everyone – with a specific idea mooted to leverage the high-quality credit rating of councils to access low-interest finance from capital markets, without the debt ending up on council balance sheets.
There’s plenty of energy emanating from the ground at Te Puia in Rotorua. And there’s plenty of creative energy emanating from those studying at the New Zealand Māori Arts and Crafts Institute. Now there’s also plenty of electric energy, because the business has upgraded its fossil fuel vehicles and added a big solar system so they can run on the sun.
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