Jonathan Young: Ara Ake Head of Industry and Government Engagement on the impact of the rapidly declining gas supply
The speed of decline of our gas supply could be hampering the transition to alternative energy.
A Business NZ survey of commercial and industrial users shows average price rises have topped 100% in the past five years.
Nearly half made various cuts to their business.
Energy innovation centre Ara Ake's Jonathan Young told Kerre Woodham supply's fallen a lot quicker than anyone expected.
He says it's hurting as companies try to transition.
Young says it's like a relay runner falling short ahead of the baton exchange, and it's leading to de-industrialisation.
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