As Mike Casey told Mike Hosking on Newstalk ZB, while we might not be able to do much about the oil required to make the plastic pipes (and the coming price increases), we can do something to insulate ourselves against petrol and diesel price spikes.
"Have you bought Kate her EV yet?"
Around two thirds of the total energy New Zealand uses comes from fossil fuels, most of which are imported. And we've seen how risky that reliance is recently as prices went through the roof.
When you add households and their cars together as a sector, it is the biggest energy user in the country. That's why we're so focused on helping them upgrade to electric, because greater prosperity begins at home.
Our Machine Count report released last year showed there were ten million fossil fuel machines in the country. A very small number don't have electric options (yet). Some require a bit of effort to electrify. And around 8.5 million of them could be electrified economically today using current technology.
Many of those machines are vehicles and ensuring more of them run on cheaper New Zealand-made energy needs to be seen as an issue of national and economic security.
See how going electric can improve our energy security here.
New South Wales gets the memo about the importance of finance and announces scheme offering zero interest loans to households to upgrade to electric stuff; plug-in solar gets the tick of approval to go on sale in the UK soon and the New York Times says it could 'change America'; EVolocity takes electrification to the streets to gets the kids inspired (and eventually employed); a tour of the amazing recycling business Redwood Materials; Think Solar and BYD give it away now; and a skit that cuts close to the bone for many solar dads.
Read moreDownloadAdvances in technology and falling costs mean customer-owned solar and batteries can play a critical role in New Zealand’s energy infrastructure - improving affordability, resilience and sustainability. Multiple trading relationships (MTR) and peer-to-peer trading would enable this potential by increasing competition, customer choice, and innovation in the electricity market, unlocking greater consumer benefits from customer solar and batteries.
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