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Ryan Bridge: Energy security will be hot this election · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: Energy security is shaping up to be the hottest item
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  Speaker 1: on this year's election agenda. I reckon, and there's a
• 0:05
  Speaker 1: good reason for that too. Ask any business right now
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  Speaker 1: who is about to renew or trying to renew an
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  Speaker 1: energy contract. Ask any transport business who's battling the price
• 0:14
  Speaker 1: of diesel, or any factory or mill thinking about considering
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  Speaker 1: mass layoffs as they are in Kai Tai right now
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  Speaker 1: and shutting up shop in Hawk's Bay. The CEOs there
• 0:25
  Speaker 1: have got together. They are organizing an energy summit in June.
• 0:28
  Speaker 1: Their business leaders voted energy their number one concern. And
• 0:32
  Speaker 1: when business says something like this, you listen. Bombing in
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  Speaker 1: the Middle East might be on paus Barbee route, but
• 0:39
  Speaker 1: the energy price battle is far from one, and it's
• 0:42
  Speaker 1: time for our politicians, I think, to put their swords
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  Speaker 1: down and just agree Kumbaia on a long term energy
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  Speaker 1: strategy that addresses the new world and the new reality
• 0:52
  Speaker 1: that we're living in. Post ceasefire. Oil is still more
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  Speaker 1: than thirty percent more expensive than it was before the war,
• 0:58
  Speaker 1: gas forty percent higher. There's a piece in the Economist
• 1:02
  Speaker 1: well worth the read that sets out the problem quite well.
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  Speaker 1: The infrastructure's being damaged in the golf takes time to repair.
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  Speaker 1: When the tankers start moving, the insurance premiums will cost
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  Speaker 1: an arm in a leg. That's before ships take the
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  Speaker 1: risk of actually sailing back in the opposite direction back
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  Speaker 1: into the golf again. While this shaky ceasefire is still
• 1:20
  Speaker 1: in play, we've now all learnt the hard way that
• 1:24
  Speaker 1: it takes just a few drones and a few terrorists
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  Speaker 1: with some speedboats to choke supply. Not all the supply.
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  Speaker 1: Sure oil will find a way from other regions overland
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  Speaker 1: by pipes, but all this takes time and costs money.
• 1:39
  Speaker 1: I had Chloe Swarbrick and David Seymour on my show
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  Speaker 1: yesterday and they both disagreed, unsurprisingly with each other over
• 1:45
  Speaker 1: what mix of energy solutions that we need to keep
• 1:48
  Speaker 1: the trucks, the factories and the businesses moving. But the
• 1:51
  Speaker 1: fact is they both had some valid points and all parties,
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  Speaker 1: I think ought to compromise and agree on an energy
• 1:58
  Speaker 1: plan that we can all well, whether it's l MNG
• 2:02
  Speaker 1: and the government's under an art about that, whether it's
• 2:05
  Speaker 1: overbuilding renewables, as Sir Rodery has argued, more drill, baby drill.
• 2:10
  Speaker 1: Uncle Shane tanks at Marsden Point, coal for Huntley, or
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  Speaker 1: a combination of all of the above. Political consensus is
• 2:18
  Speaker 1: the missing ingredient to ensure that nz Inc can keep
• 2:21
  Speaker 1: the bloody lights on. For more from Early Edition with
• 2:25
  Speaker 1: Ryan Bridge, listen live to News Talk Set B from
• 2:28
  Speaker 1: five am weekdays, or follow the podcast on iHeartRadio.