A bold experiment in picking winners

Man on a growth and energy mission: Resources Minister Shane Jones. (Image: Getty)

Fri, 15 Nov 2024

Shane Jones’ backing for exploring super-critical geothermal technology may be the most exciting idea the New Zealand Government has advanced since the Think Big projects.But this is not a Think Big project. It is a carefully calibrated and staged investigation into an existing energy source where this country has a competitive advantage and serious need.It will be up to private capital to exploit the opportunity if proven.There should be a queue if it is.Put simply, if this very hot fluid “boiling” just below the Earth’...

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