True true..kiwis don't realise that if they didn't buy the NZ Herald for just one week..it would be game over. People are stuck in the past and love the warm feeling of reading nonsense each day. Sad but true!
On the one hand we're being told power prices are soaring and there's a power crisis, and on the other hand we're being told to buy electric cars, go figure.
You cant make this stuff up successive governments have known about this problem for decades. The last Labour government decided to do something about it and National canceled the project.
@@schlookie ok Light rail cancelled Tunnel on hold Lake Onslow cancelled housing project cancelled All the man power that goes into these projects either unemployed or left the country.
@@schlookie Kainga Ora housing project as for the light rail project was the one that Winston Peters was trying to veto before the 2020 elections when Labour was reelected they started pushing thru the light rail project.
2 reasons its a mess Shaun; 1. Mass Immigration leading to pop growth thus increased demand for resources 2. Incompetence and corruption with our governing institutions...
1. de-industrialised/outsourced jobs while importing consumers from the places the jobs went to. 2. asset stripping. It's worse than corruption. It has been a managed decline.
Those solar power companies are owned by Blackrock. My brother has the system and did the digging. He’s a tech savvy customer who gets discounts for pointing out the lie behind the savings advertised. They hope he goes away, but each time a complaint is raised it costs the companies $200.
The power companies aren't interested in buying power back as it cuts into their private profits and dividends! Twenty years ago I was investigating solar and reading articles from Germany about the domestic solar industry and they did exactly the same. Promoted solar then the power companies back tracked and dropped tge buy back schemes. One of tge biggest electrons companies in tge world Siemens stopped making inverters for tge domestic market because there's no market for it! Same as NŹ! Tge truth us we don't have the hours of sunlight peaks needed a cross tge country to make it ecconical! Australia is much better suited as they have much bigger better peak sunlight hours etc.
Yes I have 6000 kv of solar panels that are about to be taken off the grid because my Inverter no longer is listed on approved inverters. Economically anyone who does not have battery backup with a hybrid inverter is screwed by out system
Jones very last comment at the end of the interview said it all. We're screwed for investment if we can't even offer reliable power...... Thank Ardern's vanity for this mess.
That’s 100% correct. I work in an industry where I know for a fact that international investors are not interested in NZ at all because there is no certainty. It’s high risk.
I remember it clearly and its one of the reasons I will never vote for National. They destroyed a good system on ideological theory when they broke up what was a great system.
So many people are leaving New Zealand its a broken system with others getting the best life while the rest of us suffer. It's becoming so expensive to even get by week by week. While some in NZ have there own health care there own schools there own pockets full of money it's shocking.
Shane has the good handle on the situation for New Zealand and what needs to be done to turn things around. We need a world leading electricity sector to grow our economy.
New Zealand seriously needs to adopt the Norwegian oil field model. It’s pointless to open our natural resources if 98% of the profits go offshore. Norway is the richest country in Europe because they own and run the whole system and the profits are fed directly back into their infrastructure and social welfare systems. Stop the bs privatization model it’s failed model and only enriches offshore corporations.
Mate 42.4% of profits from new oil and gas fields goes to the Crown. And besides, another key benefit of more production is local energy security - something desperately needed right now.
I was kindly offered a free heatpump if I surrendered my log fire and chip heater ( produces all our hot water ). They even offered to remove and dispose of them for free. Apparently I was producing pm10's that were going to shorten our lives by 6 to 9 months. That was 9 years ago. Time to get the firewood in before it gets too dark, ( sourced from the forests that surround us ) then organize our monthly power bill payment of around $100.
Is there a power crisis or are power companys just doing what everyone else is doing & whacking their prices up because they can 🤔 its pure greed to me,supermarkets cant blame covid & supply issues anymore,so what is the real reason prices are continually going up for?
council rates for 1 /.... councils screw commercial properties 30 times harder than residential rated properties. People need food.....so supermarkets monopolise and price gouge based on demand. Notice how the liebour government protected them and forced small businesses to close and waste millions of dollars of food that overnight was legislated unsaleable.
Solid words from SJ again. I really worry for less well off NZ families now. This destruction IMO was with malice aforethought to make us a basket case ready for Globalist endeavour and both parties were complicit.
"Changing by stealth the ownership of the NZ Coast".....thank you again Shane Jones, your intelligence, your wisdom and your leadership........New Zealand will be in debt to you!
A very pertinent discussion. My power bill has gone up about forty dollars through Mercury, after they were passed the business by Trustpower. NZ has ENORMOUS coal reserves. We have hundreds of years of coal to use. We should have much cheaper power prices.
To lower the taxes and reduce entry barriers in the sector is always the best answer. It'll attract more players and increase the competition, which drives prices down as to survive in a competitive market, you have to be efficient. But the politicians' answer is always to tax, impose more regulation, etc, the opposite. That's because the voters, brainwashed by Marxist economics, rejoice when companies struggle or get robbed by taxes without realising the consumers (which are the voters themselves) will pay the price.
Hang on ? Wasn't it the TAX payers (govern - ment ) That built these power companies !?🤔 Paying for what we already own ? It's why they call it a power bill , your being billed extra (on top of ) for the use of the power ?🤔
The power companies had better watch out that the only costumers they have left are bad debtors because everyone who can afford it will go off grid with solar panels and battery storage and a petrol/diesel generator backup for emergency. The cost effectiveness at the moment isn't there yet except for the very well-off, but it soon will be at this rate.
Why do all of the coalition politicians jump to Gas availability when the userous costs of electricity are mentioned? What has gas got to do with overcharhing for the existing electricity availability. Domestic consumers have not yet suffered the spot price volatility heaped upon industrial consumers...if they did there would be revolution and anarchy. So why have industrial prices gone up 2 to 4 times? Some crazy market conditions. No one has had a power cut (yet). This spot market is out of control and needs regulation. The market provides that Gen-Tailers do not NEED to build new generators as they get a good income by hiking prices for the existing generation. If the electricity spot market was restrained then to earn more money, generators would have to build more capacity to sell more electricity at a capped price. The market incentivises price rises not infrastructure building.
@planespotter Yep the charade of choice to sell privatisation, with little benefits to NZ. Still waiting for cheap power due to efficiency. We get asset stripping and towers falling over, because of they pay peanuts to monkeys. Often Imported.
Huntly power station is there to fill any shortfall. Burns either coal, most of which comes from Indonesia, or natural gas from the oil fields off New Plymouth. Methanex relies on natural gas too, so a shortage presumably means a price increase for that commodity. Huntly has shut down some of its mining capacity. Ask the Greenies why. It's affecting those who pay the spot price for their power, not those with monthly bills, for now.
Gas is key because it often sets the marginal price when things get tight (gas comes online when other cheaper fuels can’t adequately supply demand). So it’s in these tight situations that you need plenty of gas.
The current pricing model sought by the economic right wing means domestic consumers are always going to be disadvantaged. Currently the retail sector discounts the unit price for bulk supply so that the more you can use the cheaper will be the kilowatt hour price. Kinleith, one consumer has demand equivalent to about the whole of Hamilton, you can imagine the competition between retailer pricing that attracts. The price for virtually everyone once was the cost of production plus a margin for future expansion. Now the industry is corporatised/privatized the price is determined by what shareholder profits can be realized and to attempt to say that is in everyone's interests is like saying that addressing child poverty is curing the cause, utter crap! Don't get me started on the fraud that got us here, the lie that private enterprise is more efficient than pub.ic enterprise unless you wish me to illustrate your silliness.
do not touch our king's chain, all waterfront are public property, it is what makes NZ unique and our greatest treasure.
It’s already been compromised by elite Europeans/foreign owners, who block off access and Iwi corporations.
The ownership sits in its name.
The public don't own the foreshore no one does not even Maori 😅
@@stephenlennon7369Not since 2011. it will be good to put it back into crown ownership.
Who reads the herald anymore... Gone woke, going broke
skim the headlines thats all
True true..kiwis don't realise that if they didn't buy the NZ Herald for just one week..it would be game over. People are stuck in the past and love the warm feeling of reading
nonsense each day. Sad but true!
I just do the puzzles….
PRADA PROPAGANDA mouth piece (NZ Herald)
No longer me. That's it.
On the one hand we're being told power prices are soaring and there's a power crisis, and on the other hand we're being told to buy electric cars, go figure.
You cant make this stuff up successive governments have known about this problem for decades.
The last Labour government decided to do something about it and National canceled the project.
@BamBam-uf4yi which project was that?
@@schlookie ok
Light rail cancelled
Tunnel on hold
Lake Onslow cancelled
housing project cancelled
All the man power that goes into these projects either unemployed or left the country.
@BamBam-uf4yi erm..... labour canceled the light rail project. Which housing project are you referring to?
@@schlookie Kainga Ora housing project as for the light rail project was the one that Winston Peters was trying to veto before the 2020 elections when Labour was reelected they started pushing thru the light rail project.
2 reasons its a mess Shaun;
1. Mass Immigration leading to pop growth thus increased demand for resources
2. Incompetence and corruption with our governing institutions...
Agreed. The immigration will destroy NZ and this was done purposefully.
1. de-industrialised/outsourced jobs while importing consumers from the places the jobs went to.
2. asset stripping.
It's worse than corruption. It has been a managed decline.
@@bobbob3834-j8r bang on.....
Stop paying IWI hundreds of Millions of $$ for ACCESS to Water would be an easy place to start
SELL IT TO THE CHINESE FOR A "DROP IN THE BUCKET"... instead, Right>??? Very Clever.
The treaty is a handbrake to this country
is tis coalition is the handbrake of it all by not honouring the te tiriti and the likes of pass govt’s
@@Duckz558😂😂😂😂😂😂😂🤡
@@Duckz558 blah blah...how are they not? the treaty is a posterboy for ethnic corruption and gravytraining
...and who's Pulling on the lever? You...?
@@notyermonkey2134
people the likes of coalition not letting te tiriti o waitangi play out its role
$18,000 dollars of panels on my roof, no financial gain for us. Who is getting the surplus we generate and where is it going?
Those solar power companies are owned by Blackrock. My brother has the system and did the digging. He’s a tech savvy customer who gets discounts for pointing out the lie behind the savings advertised. They hope he goes away, but each time a complaint is raised it costs the companies $200.
The power companies aren't interested in buying power back as it cuts into their private profits and dividends! Twenty years ago I was investigating solar and reading articles from Germany about the domestic solar industry and they did exactly the same. Promoted solar then the power companies back tracked and dropped tge buy back schemes. One of tge biggest electrons companies in tge world Siemens stopped making inverters for tge domestic market because there's no market for it! Same as NŹ! Tge truth us we don't have the hours of sunlight peaks needed a cross tge country to make it ecconical! Australia is much better suited as they have much bigger better peak sunlight hours etc.
Yes I have 6000 kv of solar panels that are about to be taken off the grid because my Inverter no longer is listed on approved inverters. Economically anyone who does not have battery backup with a hybrid inverter is screwed by out system
Jones very last comment at the end of the interview said it all. We're screwed for investment if we can't even offer reliable power...... Thank Ardern's vanity for this mess.
That’s 100% correct. I work in an industry where I know for a fact that international investors are not interested in NZ at all because there is no certainty. It’s high risk.
This trickle down economics is a load of sht!!
In what way?@@adriandocherty778
you can thank every government since the 90s
@@adriandocherty778 what has arderns trainwreck got to do with trickledown economics? or, any economics in fact
GREED, GREED and more GREED. That is the real reason
👏👏👏
You are dead right! The CRY of COLONIALISM the World over...
The Waitangi Tribunal needs an expiry date.
😂😂😂dream on
Who Remembers. Max Bradford (national) in the mid-90s selling off all the power stations etc and Telling us how Cheap our Power was going to be 😅
@@trevoroneil3522 (((They))) all talk up a good game 🤷
But the government owns 51% of all the major power generators
@@carl3941John Key sold 49% of our thermal energy NZMC took him to court for lack of consultation
I remember it clearly and its one of the reasons I will never vote for National. They destroyed a good system on ideological theory when they broke up what was a great system.
My late mother called him a liar she was right all those years ago
So many people are leaving New Zealand its a broken system with others getting the best life while the rest of us suffer. It's becoming so expensive to even get by week by week. While some in NZ have there own health care there own schools there own pockets full of money it's shocking.
If the Herald is getting any money from the Jacinda Fund, it should be stopped at least. The Fund should be cancelled completely anyway.
Shane has the good handle on the situation for New Zealand and what needs to be done to turn things around. We need a world leading electricity sector to grow our economy.
As per South Africa, wef associated politicians and policies aimed at bringing down industry and standards of living
Oh come on government is a major shareholder and made the system what it is they have the power to drop prices tomorrow if they wanted.
and then we would pay for it via tax, with all of the idiocy that govt intervention brings
NZ has the oil & gas resources to be energy independent, if only the political will to be existed.
Where and who’s going to do it??
Oil and gas company??🤣😂
Also hydro and natural steam
@@adriandocherty778
Legislation prevents it, not lack of expertise.
What Planet did you come from... The Moon?
New Zealand seriously needs to adopt the Norwegian oil field model. It’s pointless to open our natural resources if 98% of the profits go offshore. Norway is the richest country in Europe because they own and run the whole system and the profits are fed directly back into their infrastructure and social welfare systems. Stop the bs privatization model it’s failed model and only enriches offshore corporations.
We were like that once until Key and Bradford completely stuffed it up by selling it too their rich mates. About time to renationalise.
@@brianbell8958 Roger Douglas and co you mean...
Mate 42.4% of profits from new oil and gas fields goes to the Crown. And besides, another key benefit of more production is local energy security - something desperately needed right now.
@@joshuaorourke1976 Profits? that can be offset internationally you mean...
Labor's Jacinda: Black rock.
National's Luxon: Black rock.
You'd think we'd have a choice. Guess not.
How about getting Luxon to grow a pair!!!!!
He's a fvcking dumb Globalist plant, just as Ardern was but she was their preferred model.
This critical infrastructure should never have been sold off in the first place. Same goes for Marsden Point Refinery.
when it wasn’t theirs to sell off even to tis day it belonged to maori
I was kindly offered a free heatpump if I surrendered my log fire and chip heater ( produces all our hot water ). They even offered to remove and dispose of them for free. Apparently I was producing pm10's that were going to shorten our lives by 6 to 9 months. That was 9 years ago.
Time to get the firewood in before it gets too dark, ( sourced from the forests that surround us ) then organize our monthly power bill payment of around $100.
Is there a power crisis or are power companys just doing what everyone else is doing & whacking their prices up because they can 🤔 its pure greed to me,supermarkets cant blame covid & supply issues anymore,so what is the real reason prices are continually going up for?
The lakes are very low. I live there, it's noticeable. Crappy weather is needed.
Power,food, rates, insurance,fuel... they will continue to increase cos they want to crash and crush the system and yall
council rates for 1 /.... councils screw commercial properties 30 times harder than residential rated properties.
People need food.....so supermarkets monopolise and price gouge based on demand. Notice how the liebour government protected them and forced small businesses to close and waste millions of dollars of food that overnight was legislated unsaleable.
The cost of energy
Solid words from SJ again. I really worry for less well off NZ families now.
This destruction IMO was with malice aforethought to make us a basket case ready for Globalist endeavour and both parties were complicit.
The government should nationalise the entire power system. Reimburse pittance so they loose a fortune and will never try stealing stuff again.
they couldnt do anything about the supermarkets and food prices so i dont see how they can stop the power companies.
It's not they cant - they wont because they're gaining too much off the GST.
@@annatetiad.4991 Well if companies close because they cannot afford to operate, the governments GST income will go down anyway.
The consequences of six years of appalling mis management
Shane is 100% correct.
Good work Sean
"Changing by stealth the ownership of the NZ Coast".....thank you again Shane Jones, your intelligence, your wisdom and your leadership........New Zealand will be in debt to you!
Nz has nine power companies, Australia has three....... hello???
A very pertinent discussion. My power bill has gone up about forty dollars through Mercury, after they were passed the business by Trustpower. NZ has ENORMOUS coal reserves. We have hundreds of years of coal to use. We should have much cheaper power prices.
Good on you Shane.
To lower the taxes and reduce entry barriers in the sector is always the best answer. It'll attract more players and increase the competition, which drives prices down as to survive in a competitive market, you have to be efficient. But the politicians' answer is always to tax, impose more regulation, etc, the opposite. That's because the voters, brainwashed by Marxist economics, rejoice when companies struggle or get robbed by taxes without realising the consumers (which are the voters themselves) will pay the price.
Hang on ?
Wasn't it the TAX payers (govern - ment )
That built these power companies !?🤔
Paying for what we already own ?
It's why they call it a power bill , your being billed extra (on top of ) for the use of the power ?🤔
All these problems started from rogernomic days
You were in coalition with Labour when Ardern killed the oil and gas industry. Remember how you stood next to her and said nothing?
Yeah but look at his face.he didn't like what
And yet Hipkins has got the brass to label the current government the 'coalition of kaos'. Short memory.
But the government owns 51% of these power companies
Everyone needs to get their own windmill !!
Ive got mine. Its honking today while there is no sunshine on my panels
⭐️ You should ask Carolyn Luey from NZME onto the show ⭐️ she heads up content and publishing and get her take on the matter
Don’t forget the electrification of the steel mill with public money!
When Nat's sold 49% of our power generation who could have possibly foreseen
consumer's would be getting reamed ...LOL.
Sean you should have pulled uP Shane Jones on his 'our people' comment! 🤷
What should we do to the Judge that got it so wrong...?
he is probably dead now
The power companies had better watch out that the only costumers they have left are bad debtors because everyone who can afford it will go off grid with solar panels and battery storage and a petrol/diesel generator backup for emergency. The cost effectiveness at the moment isn't there yet except for the very well-off, but it soon will be at this rate.
Is our power companies connected to our credit rating?
Why do all of the coalition politicians jump to Gas availability when the userous costs of electricity are mentioned? What has gas got to do with overcharhing for the existing electricity availability. Domestic consumers have not yet suffered the spot price volatility heaped upon industrial consumers...if they did there would be revolution and anarchy. So why have industrial prices gone up 2 to 4 times? Some crazy market conditions. No one has had a power cut (yet). This spot market is out of control and needs regulation. The market provides that Gen-Tailers do not NEED to build new generators as they get a good income by hiking prices for the existing generation. If the electricity spot market was restrained then to earn more money, generators would have to build more capacity to sell more electricity at a capped price. The market incentivises price rises not infrastructure building.
@planespotter
Yep the charade of choice to sell privatisation, with little benefits to NZ. Still waiting for cheap power due to efficiency. We get asset stripping and towers falling over, because of they pay peanuts to monkeys. Often Imported.
Huntly power station is there to fill any shortfall. Burns either coal, most of which comes from Indonesia, or natural gas from the oil fields off New Plymouth. Methanex relies on natural gas too, so a shortage presumably means a price increase for that commodity. Huntly has shut down some of its mining capacity. Ask the Greenies why.
It's affecting those who pay the spot price for their power, not those with monthly bills, for now.
Gas is key because it often sets the marginal price when things get tight (gas comes online when other cheaper fuels can’t adequately supply demand). So it’s in these tight situations that you need plenty of gas.
Believe those mum and dad investors
maybe 160m hush payments are part of the problem, power companies dont pay they profit - the customer has to pay.
Every company is top heavy that why prices gone up all the time
Maybe the power company are trying to get money back, as they paid iwi $100 million plus for saying yes!
Power prices have nothing much to do with EVs
All people who live in, or visit New Zealand are simply Custodians and caretakers of the Beautiful Coastlines for the next Generations
The current pricing model sought by the economic right wing means domestic consumers are always going to be disadvantaged. Currently the retail sector discounts the unit price for bulk supply so that the more you can use the cheaper will be the kilowatt hour price. Kinleith, one consumer has demand equivalent to about the whole of Hamilton, you can imagine the competition between retailer pricing that attracts. The price for virtually everyone once was the cost of production plus a margin for future expansion. Now the industry is corporatised/privatized the price is determined by what shareholder profits can be realized and to attempt to say that is in everyone's interests is like saying that addressing child poverty is curing the cause, utter crap! Don't get me started on the fraud that got us here, the lie that private enterprise is more efficient than pub.ic enterprise unless you wish me to illustrate your silliness.
Shane had no answers at all ...I'd look at Russia on how-to run a resource rich country
Hobson's Pledge are really getting what they deserve aren't they Oliver 😂
Thanks for the rates rise shane. You are the most corrupt poly in NZ
Earth is an infinite plane plenty of resources beyond the Antarctic Circle sheesh
We need more EV,s 🤪
mAorI aRe tHe gUaRdiAns
The statistics say otherwise! 🤷
if they are then they have done and continue to do... an absolute sh.t job
Guardians 😂😂😂
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
@@Chopper650 Hear hear!