Tag: Electricity

Hon Jo Goodhew: In Focus: 28 January 2016

Press Release – New Zealand National Party While away on holiday over the New Year period I spent time thinking about and planning for the year ahead. I also frequently checked on weather conditions for Canterbury, hoping that some much needed rain was falling.In Focus: 28 January 2016 Hon Jo Goodhew MP for Rangitata Drought still affecting Canterbury While away on holiday over the New Year period I spent time thinking about and planning for the year ahead. I also frequently checked on weather conditions for Canterbury, hoping that some much needed rain was falling. And while over the last couple of weeks there has been a good amount of rain, and some of the irrigators have had a break, it has not been enough to remove the necessity to extend the medium-scale drought event classification until the end of June. Marlborough, Canterbury and parts of Otago were originally classified as a medium-scale event on 12 February 2015 and have had insufficient rainfall for more than a year now. Farms really need good consistent follow-up rain to bring soil moisture levels closer to normal. Primary Industries Minister Nathan Guy has announced an increase of $150,000 for the work of rural support trusts, almost a third of this for the North Canterbury region. The Year Ahead After spending some time talking with media before Christmas about the highlights and lowlights...

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TPP Leak: SOE Issues for Ministerial Guidance

Press Release – Wikileaks Today, 29 July 2015, WikiLeaks releases a secret letter from the Trans-Pacific Partnership Agreement (TPP or TPPA) Ministerial Meeting in December 2013, along with a comprehensive expert analysis of the document.Secret Trans-Pacific Partnership Agreement (TPP) Treaty: State-Owned Enterprises (SOE) Issues for Ministerial Guidance Today, 29 July 2015, WikiLeaks releases a secret letter from the Trans-Pacific Partnership Agreement (TPP or TPPA) Ministerial Meeting in December 2013, along with a comprehensive expert analysis of the document. Download the TPP SOE Ministerial Guidance in PDF Download the expert analysis on TPP SOE Ministerial Guidance in PDF or read the HTML. The letter indicates a wide-ranging privatisation and globalisation strategy within the Agreement which aims to severely restrict “state-owned enterprises” (SOEs). Even an SOE that exists to fulfil a public function neglected by the market or which is a natural monopoly would nevertheless be forced to act “on the basis of commercial considerations” and would be prohibited from discriminating in favour of local businesses in purchases and sales. Foreign companies would be given standing to sue SOEs in domestic courts for perceived departures from the strictures of the TPP, and countries could even be sued by other TPP countries, or by private companies from those countries. Developing countries such as Vietnam, which employs a large number of SOEs as part of its economic infrastructure, would be affected most. SOEs...

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On eve of major conference, UN chief spurs green investment

Press Release – UN News 31 August 2014 Encouraging partnerships between the private sector and small developing island nations, Secretary-General Ban Ki-moon on Sunday urged corporate leaders to invest in renewable energy and make historic strides in sustainability.SAMOA: On eve of major conference, UN chief spurs green investment in small islands 31 August 2014 – Encouraging partnerships between the private sector and small developing island nations, Secretary-General Ban Ki-moon on Sunday urged corporate leaders to invest in renewable energy and make historic strides in sustainability. “Oceans isolate small islands – but when they are managed well they become a constant source of wealth,” Mr. Ban told the high-level dialogue of the private sector forum. The event was organized jointly by the Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (OHRLLS), the Samoan Government and the Samoa Chamber of Commerce. The challenges facing small island developing States, such as scarce resources, population pressures and climate change, also affect businesses, he said, and corporate leaders have an interest in rising to these challenges. Praising the “extraordinary partnership and commitment” being made during the two-day private sector forum, Mr. Ban told representatives of business and industry that they have a collective responsibility to protect the most vulnerable. “People often say we are in the same boat,” he said. “I would say we...

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Power companies absorbing some cost increases, EA says

Article – BusinessDesk Feb. 5 (BusinessDesk) Electricity companies are absorbing nearly twice as much new cost as theyre passing on to their customers as the retail market for power becomes increasingly competitive, the industrys regulator, the Electricity Authority, … Power companies absorbing some cost increases as competition rises, says regulator By Pattrick Smellie Feb. 5 (BusinessDesk) – Electricity companies are absorbing nearly twice as much new cost as they’re passing on to their customers as the retail market for power becomes increasingly competitive, the industry’s regulator, the Electricity Authority, says. Analysis from the EA says the costs facing a theoretical stand-alone retailer have risen faster than residential prices since September 2010, when the authority’s pro-competition agenda started to get into full swing. “The new analysis shows the costs incurred by electricity retailers over the last three years have increased by 21.5 percent, whereas prices charged to consumers over the same period went up by 12.5 percent,” said the authority’s chair, Brent Layton. However, the authority made no analysis of whether that squeeze is affecting power company profitability, saying that was not its job. Its mandate is to promote competition, reliability and efficiency. “Profitability may provide some signals on that in a broad sense, but not very good signals,” said Layton, who acknowledged the authority was struggling with a “perception problem” that the electricity market was not as competitive as...

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Guy: Speech to the NZ Society of Large Dams (NZSOLD)

Speech – New Zealand Government For over a century, dams and the infrastructure associated with them have been a vital but often overlooked part of the fabric of this country.Nathan Guy 14 November, 2013 Speech to the New Zealand Society of Large Dams (NZSOLD) Good morning and thank you for the invitation to speak. For over a century, dams and the infrastructure associated with them have been a vital but often overlooked part of the fabric of this country. Back in the 1880s, gold dredgers dammed a tributary of the Shotover River to provide hydropower for the nearby mine. Early freezing works and dairy factories ran on hydro and it even helped power early municipal lighting at Reefton on the West Coast. Today we still tend to associate dams with generating electricity for the national grid. We think of Benmore, Tekapo and Clyde in the South Island, and the massive Tongariro Power Development here in the North. Dams – a variety of roles In fact dams and reservoirs – large and small – contribute to our society in a variety of ways. They supply and guarantee water to many of our towns and growing cities. Dams have other uses as international class rowing venues, freshwater fisheries, and for sailing and boating. Their role in wildlife and habitat preservation is also important. In recent years, the critical role of dams...

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