Category: Climate Change
The cost of living is on the rise due largely to the record prices that New Zealanders are now paying at the petrol pump. Petrol hit $2.40 and more for the first-time last week, but over the weekend, the “no new taxes” Labour Government imposed a new petrol excise tax adding another 3.5 cents per litre – plus GST - onto the cost of fuel.
Ever since Meremere power station was commissioned in the 1950s, New Zealand has relied on coal-fired power stations supplemented by gas and oil to provide the 10% of annual energy needed in a 1:20 dry year to replace the shortfall in hydropower generation. To make up for the shortfall we need to have an energy store that can be converted into electricity over a four month dry period.
At the Electricity Engineers Association annual conference a few weeks ago many of the speakers seemed to have forgotten that, as technological advisers to the government, it is their duty to tell the government what it needs to know rather than what they think it wants to hear.
The Economic Development Minister recently dismissed surveys showing business confidence is at its lowest level in a decade, as "junk”. In doing so, he revealed the deep seated anti-business sentiment that pervades the Labour-led Government - along with an alarming ignorance over what makes a country prosper.
There is growing concern that local government is becoming more ‘activist’. Unfortunately ratepayers are not at the heart of their motivations. Before looking at examples, let’s examine how the new Labour-led Government is dealing with some of the constraints being faced by local authorities.
LGNZ have embarked on a “Climate Change Project" focused on adapting and mitigating "climate change" – properly described as man-made global warming. When faced with a potential risk, the rational approach is to make sure the risk is real, assess its magnitude, decide if anything needs to be done, and if so, what is the cheapest and most effective solution.