Labour's Parker recommended against power reforms in 2006

Fri, 19 Apr 2013

By Pattrick Smellie April 19 (BusinessDesk) - The single buyer model for electricity pricing would be more costly and less efficient than market arrangements, and would stifle innovation in energy efficiency and generation development, Labour's Energy Minister in 2006, David Parker, says in Cabinet papers from the time. The current Minister of Energy and Resources, Simon Bridges, drew attention to the documents on the website of the Ministry of Business, Innovation and Employment, which show Parker recommending against adopting policies the L...

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