EV Salary Boost: it's a pay rise you can drive!
One News has covered the Investing in Tomorrow report, which shows that big household savings from electrification add up to big national savings. As Dr Saul Griffith says about the $29 million day that New Zealand could save if we swapped out fossil fuel machines for electric equivalents and ran them off renewable electricity from the grid, rooftop solar and batteries: "It's nice to be able to make the carrot that large because I think it focuses the policy mind on how to get there."
He said a "wartime level of effort" is required to have a chance at mitigating the very worst effects of climate change, as set out in the Paris Agreement targets.
"This is an uncomfortable thing to say. I believe in capitalism, but you have to go faster than the free market can go. You need to replace all of the machines that burn fossil fuels faster than their actual lifetimes, with machines that don't."
Along with taxes, education and health, energy is proving to be a big talking point in the run up to the election .. which is now 33 days away. All the political parties have released some energy policies .. and while they're quite varied in their approaches .. the main focus seems to be bringing down the cost of electricity for us consumers. Our first guest would like electric transport to also be part of the conversation .. he's calling for a 'great EV comeback' and has some ideas about how to make it happen. Mike Casey, Rewiring Aotearoa Chief Executive joins Jesse.
The electric election continues apace! National announced its 'Electrify NZ 2.0 plan' last week and Mike Casey joined Andrew Dickens on Newstalk ZB to talk about the potential for peer-to-peer trading of energy, the roll of solar in lowering power prices, data centres needing to bring their own generation, and the likelihood that all this talk will turn into action.
