Contact, Trustpower caution against subsidies, incentives in renewable policy

Tue, 05 Mar 2019

By Gavin Evans March 5 (BusinessDesk) - Politicians and regulators risk adding cost and complexity to the country’s emission reduction efforts if they start favouring technologies or fix on a particular view of the future, Contact Energy chief executive Dennis Barnes says. If the country holds true to its 2050 emissions reduction target, and investors and customers receive the right price signals, capital will flow into lower-carbon generation and the technologies that will facilitate emissions reduction in transport and industry, he said...

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