Govt to pay up to $180m/year or $2.7b over 15 years to lease LNG re-gasification plant, paid for by $15-$30 'levy' per household per year. That $2.7b would build four Benmore Dams worth of electricity

Govt to pay up to $180m/year or $2.7b over 15 years to lease LNG re-gasification plant, paid for by $15-$30 ‘levy’ per household per year. That $2.7b would build four Benmore Dams worth of electricity

  • dfi@lemmy.nz
    3·
    2 days ago

    This makes me furious that they can do this without a cost comparison of the other options on the market (renewable and non-renewable)

    I could live with this if I knew they had compared all the options on the table showed their math and they gave some solid reasons for this choice; But they did none of this. At best commercial users will get their power price a bit more predictable. Residential users will be paying the “levy” so commercial users have more certainty about power cost.

    I won’t start on how we are 100% reliant on offshore companies to supply LNG.

  • Rangelus@lemmy.nz
    5·
    3 days ago

    Because the people making decisions are not forward thinking enough, or think they know better than experts.

    Or corruption.

    That’s really the only things I can think of.