Latest / The Kākā by Bernard Hickey
Why not spend $2.7b on solar & batteries instead?
Briefly in Aotearoa’s political economy on Tuesday, February 10:
* The Lead: The Government announced last night it planned to levy each household $15-30 per year to pay for a $1 billion-plus LNG import terminal and reduce the risk of massive price spikes during a dry year, saying this would reduce future wholesale prices by up to five times as much, which it expected gentailers to pass on to consumers. Paying subscribers can see more detail below the paywall fold and hear more analysis in the podcast above.
* The Sidebar: However, the Government chose not to compare this LNG import option…
The skinny
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