Labour-Greens power policy could work, says Vector CEO Mackenzie

Fri, 19 Apr 2013

By Pattrick Smellie April 19 (BusinessDesk) - The electricity policy announced by the Labour and Green parties could be made to work and the current debate is overly emotive, says the chief executive of the regulated monopoly electricity and gas network owner, Vector. Simon Mackenzie told BusinessDesk he was encouraged by the fact the proposed central purchaser system would incentivise commercially rational investment in energy efficiency, and that the Opposition parties were not pursuing direct subsidies. He also welcomed the fact Labour wa...

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