Chorus out: LNG terminal in Taranaki will tie NZ wholesale electricity & gas prices to global gas prices; Gas price rose 47% last night after Iranian drones shut Qatar's LNG plant; NZ power prices would follow #nzpol open.substack.com/pub/thekaka/p/why-qatari-lng-will-soon-set-nz-power?utm_campaign=post-expanded-share&utm_medium=web

March 02, 2026 - 22:12 UTC

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What could possibly go wrong?
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That’s exactly why it’s a terrible decision #nzpol - they could spend that amount on geothermal power and we’d be better off!
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If only someone had earned us that LNG wax the option of last resort.

Meanwhile, Government ‘kicked the tyres’ on solar subsidies but went with ‘minor’ tweaks instead | RNZ News share.google/pYs2kz4q6DiwC6gMP
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In other news, they’re also planning on hiking fuel prices to pay for more rOaDs, which on top of the Middle East inflationary war, means more unaffordable costs being lumped onto struggling kiwi families in the midst of a worsening cost of living crisis. Genius level incompetence. 🤦‍♀️
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We charge our EVs from our own solar so we're pretty much just spectators to this fossil fuel clusterfuck. Pity our government hasn't got the same foresight 🤦‍♂️
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We do too but this will affect supply across the entire economy
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So the Government's postings were predicated on a world at peace?
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No one could have guessed that Trump might launch a war!

/s
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It is WILD that business isn't more vocally and publicly against this. They should be shouting. Our economy already has so many factors going against it; we're really going to struggle to be competitive if our energy costs shoot up
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