Policy

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RBNZ a ‘poor communicator’ - CBL’s Harris
Policy

RBNZ a ‘poor communicator’ - CBL’s Harris

By Paul McBeth July 17 (BusinessDesk) - The Reserve Bank’s failure to communicate was a major stumbling block for failed insurer CBL Corp. Former managing director Peter Harris is adamant the insurer – now in liquidation – could’ve found a commercial solution to a sharp inc...

Paul McBeth 17 Jul 2019
Greater role for gas in electrification of transport, industry
Policy

Greater role for gas in electrification of transport, industry

By Gavin Evans July 17 (BusinessDesk) - Accelerating the take-up of electricity for transport and industry will require more gas-fired generation to be kept in the system for longer, projections by the Interim Climate Change Committee show. Electrifying half the light trans...

Gavin Evans 16 Jul 2019
Govt won't "die in a ditch" for 100% renewable target
Policy

Govt won't "die in a ditch" for 100% renewable target

By Victoria Young July 16 (BusinessDesk) - Energy Minister Megan Woods says the government “won’t die in a ditch” if its goal of 100 percent renewable electricity generation isn't reached by 2035. The "challenge" of meeting its ambitious target had been well-signalled, she...

Victoria Young 16 Jul 2019
UPDATE: Crucial carbon reduction recommendations due tomorrow
Policy

UPDATE: Crucial carbon reduction recommendations due tomorrow

(adds Dairy NZ comments on methane target at the eighth par) By Pattrick Smellie July 15 (BusinessDesk) - Crucial recommendations affecting the New Zealand farming and electricity sectors are due for release by the government's Interim Climate Change Committee tomorrow (Tue...

Pattrick Smellie 15 Jul 2019