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13 May 2021 20:45
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  •   Home > News > Business

    The Government is debunking ACT party claims a spike in coal imports is caused by the natural gas exploration ban

    The Government is debunking ACT party claims a spike in coal imports is caused by the natural gas exploration ban


    New MBIE data shows New Zealand imported more than one million tonnes of coal last year - the most since 2006.

    Act Leader David Seymour says we need so much foreign coal ... because of the Government ban.

    But Labour Minister Megan Woods says the dry weather has meant they've needed to use thermal generation to conserve the water in the hydro lakes.

    Woods says existing gas fields are also producing less gas.

    Genesis Energy has also made an additional coal-fired generation unit available for winter if required.

    © 2021 Newstalk ZB, NZCity


     Other Business News
     13 May: It's likely to be years before the impact is felt from changes to investor property laws
     13 May: The Government's being told to rethink proposed housing investment changes
     13 May: High income countries with a Covid-19 vaccine pipeline are being urged to provide a billion doses to low and middle income countries by September
     12 May: The early childhood sector is keen to help design a new funding model for its teachers
     12 May: New Zealand and Australia are charting different courses -- on their way out of the Covid-19 pandemic
     12 May: Some North Island areas could be fully solar powered within a year
     12 May: A former finance minister says borrowing money to stimulate economies now, could create even bigger problems further down the track
     Top Stories

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    Nathan Harris will start his first Super Rugby match in just under two years on Saturday night More...


    BUSINESS BUSINESS
    It's likely to be years before the impact is felt from changes to investor property laws More...



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    A second man has died awaiting trial - charged with historical sexual abuse at Auckland's Dilworth School 17:27


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