Some home truths about deindustralisation and the energy sector

Genesis boss Malcolm Johns said NZ has some basic facts to face up to. (Image: NZME)

Mon, 17 Feb 2025

The deindustrialisation of the New Zealand economy was continuing to unfold partly due to a range of issues within the energy sector, a panel of experts said on Friday.Speaking shortly after it was announced that paper production would end at the Kinleith mill, the panellists at the University of Waikato Economics forum said NZ had to face up to a few home truths about the economy.Stuart McCall, managing director of Methanex’s NZ operation, said NZ had a world-class electricity system with levels of renewables that were the world's en...

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