What Is Wrong With The New Zealand Electricity Market?

Dr Geoff Bertram spoke to an online meeting of Engineers for Social Responsibility on 19 August 2020. He reviewed the electricity reforms since 1986 and their effects, particularly on pricing, excess profits and anti-competitive practices. He noted the effects particularly on increasing poverty and inequality, specially child poverty and energy poverty. He suggested steps that could be taken to deal with these problems, but noted that invested interests would make implementation of any of them, very difficult to achieve.

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Fronting Up To Our Deteriorating World

A little group of us down in Otago were worried that we always seem to be fighting rear guard actions. We wanted to propose something a bit more proactive and searching. The result is this attached political appeal for people to use at candidates’ meetings etc pre-election. It is being developed further with the intention of using it as the basis for a petition to parliament.

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Taming The Debt Monster

Financial markets around the world are trying to adjust to the momentous stresses evident in the US and Europe. In NZ, economic forecasts don’t look particularly good. Debt and interest payments will increase as a result of more borrowing, but the borrowing will allow economic growth and that is what we all want, isn’t it?

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