The "race to the bottom" may not be a myth, but are FPAs the solution?
Geof Mortlock stressed he doesn’t have a problem with ministers and politicians grappling with issues of Māori economic and social welfare but said such issues are not within the RBNZ’s mandate.
Pathways to transition from gas are uncertain and setting deadlines might put energy security at risk and cost billions of dollars.
Meridian says the fact that Australia's electricity market has turned into a train wreck shows its decision to pull out was the right one.