The Government’s 10-year ban on building new fossil fuel power stations is “crazy” and could cause electricity prices to jump 30 per cent to 40 per cent within a few years, electricity consultant Bryan Leyland says in this news item.
Of course the greenies think the moratorium is a good idea…
And then here is an argument from the NZ Business Round Table against the wisdom and the practicality of including the entire economy into the Emissions Trading Scheme.
Followed up by a measured discussion from Rod Oram, which unfortunately doesn’t discuss the rationale behind a moratorium fossil fuel power stations.
Filed under: Environment and Sustainability