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17 Aug 2022 7:20
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  •   Home > News > Politics

    A gas industry group says the Government needs to be clearer about plans to phase out gas

    A gas industry group says the Government needs to be clearer about plans to phase out gas


    The Commerce Commission has approved a natural gas price increase - for about 300 thousand users.

    It'll mean an average annual increase of 48 dollars for the next four years.

    Energy Resources Aotearoa says investors have no assurance of stability.

    Chief Executive John Carnegie says he expects demand will last well into the future. He says even the Climate Change Commission thinks natural gas will be used until 2050, when New Zealand is aiming to be net zero emissions.

    © 2022 Newstalk ZB, NZCity

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     16 Aug: A suggestion Gaurav Sharma could be just the tip of the iceberg for the Labour Party's employment issues
     16 Aug: Earthquake strengthening may not be the disaster many Wellington building owners should be fearing
     15 Aug: The Prime Minister's denied being dismissive to Ukraine's leader
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