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Election 2011 - Praying to the Growth Fairy

Submitted by Denis Tegg on 1 December 2011 - 7:42am | updated 01 Dec 2011 | Blog entry

re-posted from my blog - oilshockhorrorprobe

I had thought that my next post would be on the surreal lack of policy from any of the political parties in the Election addressing resource depletion and their collective failure to face the reality that "economic growth" is not returning. Before I could get around to it I read this excellent post from James Henderson at "The Standard", and so I am re-posting it here.

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Election 2011 Two-facedness - Saving money good - saving fuel bad

Submitted by Denis Tegg on 7 November 2011 - 10:28pm | Blog entry

All of the political parties agree New Zealand needs a long-term savings and investment plan . These elections there have been major policy announcements on Kiwisaver, reducing debt and the age of eligibility for National Superannuation. Saving money good. » Read more

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Officials Muzzled on Peak Oil?

Submitted by Denis Tegg on 2 September 2011 - 10:39am | updated 02 Sep 2011 | Blog entry

re-posted from my blog - oilshockhorrorprobe

The government has finally released its Energy Strategy. There are cosmetic changes from the Draft version but it's no surprise that the final Strategy continues to completely ignore the threat of peak oil.  There were many submissions, including my own, which detailed the raft of recent reports from oil and energy experts, think tanks and government institutions which are all pointing to an imminent supply and oil price crunch. And in 2009 government officials themselves gave strong warnings to Ministers. So since 2009, have the officials been muzzled? » Read more

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Christchurch quake cost added to our yearly oil import bill?

Submitted by Denis Tegg on 24 August 2011 - 11:04am | updated 24 Aug 2011 | Blog entry

re-posted from by blog - oilshockhorrorprobe

By 2015 New Zealand could face an extra $10 billion cost each year to import oil, compared to 2011 prices. That's more than the cost to government of the Christchurch earthquake each and every year! By 2020 the oil import cost each year could soar to $19 billion more than the present cost. That's the bill for two Christchurch earthquakes every year.

How come?

1. Domestic oil production is plummeting » Read more

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New Zealand at greater risk from oil shocks -- official advice ignored

Submitted by Denis Tegg on 16 August 2011 - 4:23pm | updated 16 Aug 2011 | Blog entry

Re-posted from my blog - oilshockhorrorprobe

In November 2009 senior officials warned the government -- » Read more

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New Zealand's oil security. How dependent are we on oil imports?

Submitted by Denis Tegg on 12 June 2011 - 9:29pm | updated 12 Jun 2011 | Blog entry

re-posted from my blog oilshockhorrorprobe

New Zealand imports 97% of its oil. Oil is the lifeblood of our economy. So a vital question must be -- how vulnerable is New Zealand to oil supply shocks? -- Whether from short term disruption, or due to an on-going and perhaps permanent decline in world oil exports? » Read more

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New Zealand Government's Oil Price Projections - A Bad Joke ?

Submitted by Denis Tegg on 3 June 2011 - 10:59am | updated 03 Jun 2011 | Blog entry

Re- posted from my blog - oilshockhorrorprobe

The Ministry of Economic Development's oil price estimates are a very bad joke. It is a joke on all of us however, as their grossly optimistic projections underpin government policy not just for energy but for the broader economy. » Read more

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UK Government to Develop Oil Shock Response Plan. - When Will NZ ?

Submitted by Denis Tegg on 26 May 2011 - 9:57pm | updated 26 May 2011 | Blog entry

re-posted from my blog - oilshockhorrorprobe

UK Energy and Climate Change Secretary Chris Huhne has agreed to develop an 'Oil Shock Response Plan', following a meeting with the UK Industry Taskforce on Peak Oil and Energy Security (ITPOES). » Read more

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Government's Energy Strategy - Grade F for Fail

Submitted by Denis Tegg on 6 April 2011 - 1:34pm | updated 06 Apr 2011 | Blog entry

The government has mistakenly released its Draft Energy Strategy, which is still to be signed off by Cabinet. Despite hundreds of public submissions it remains almost word for word identical with the version published in July 2010. » Read more

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