Banks praise direct selling of carbon credits
16 Dec 2008
Trust Power’s direct marketing of its own carbon credits is being applauded in banking circles.
Industry sources say that the company’s direct-to-market approach is a sensible one for New Zealand because it cuts out wholesalers, allowing the power company to obtain high margins.
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Story copyright © Carbon News 2008
Gas supply reducing faster than forecast
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By Liz Kivi | Gas reserves have reduced 27% as of 1 January 2025 compared to last year, according to data released today by the Ministry of Business, Innovation and Employment.
Surge of lobbying over electricity sector review
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Jostling and lobbying have intensified ahead of the release of a review into the electricity sector.
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The Business NZ Energy Council (BEC) welcomed the Government’s gas announcement as signalling “willingness to deal with parts of the issue from an energy supply perspective and aims to rebuild confidence in the sector”.
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The government is consulting on proposed regulatory options for the development of naturally occurring and orange hydrogen.
Public distrust over electricity sector
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A poll found that nearly half of New Zealanders feel more concerned about their power bill than last year and believe breaking up the electricity gentailers could improve competition.
Flick flicked on
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The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
