1
00:00:00,200 --> 00:00:05,520
Speaker 1: Hundreds of decent, hardworking Kiwi provincial union jobs. Yes, union

2
00:00:05,600 --> 00:00:08,760
Speaker 1: jobs are hanging in the balance today. Electricity spot price

3
00:00:08,840 --> 00:00:11,840
Speaker 1: is peaking at one thousand dollars per megawatt hour. In

4
00:00:11,880 --> 00:00:16,240
Speaker 1: the last couple of weeks. Power companies they're basically canceling

5
00:00:16,440 --> 00:00:19,880
Speaker 1: deals for Kiwis to heat their homes this winter, and

6
00:00:20,000 --> 00:00:25,479
Speaker 1: businesses literally shuttering operations, rationing power producing less. Think of

7
00:00:25,560 --> 00:00:28,480
Speaker 1: the ports that will be affected by that from provincial

8
00:00:28,520 --> 00:00:32,000
Speaker 1: New Zealand. Think of the competitive advantage that we are losing.

9
00:00:32,320 --> 00:00:35,040
Speaker 1: What's the problem Not enough sun, not enough rain, not

10
00:00:35,200 --> 00:00:38,320
Speaker 1: enough wind for our renewable energy sources. Plus we have

11
00:00:38,400 --> 00:00:43,320
Speaker 1: a gas shortage. This problem will continue in part because

12
00:00:43,440 --> 00:00:47,720
Speaker 1: labour canceled the oil and gas exploration into the future.

13
00:00:48,280 --> 00:00:56,280
Speaker 1: This is my generation's nuclear free moment. Now the rubber

14
00:00:56,320 --> 00:00:59,120
Speaker 1: has hit the roads. The oil and gas investment and

15
00:00:59,320 --> 00:01:02,760
Speaker 1: exploration has gone through the floor. Investment confidence has gone

16
00:01:02,800 --> 00:01:06,600
Speaker 1: through the floor. Where are our leaders in this crisis? Well,

17
00:01:06,640 --> 00:01:10,880
Speaker 1: Jacinda's in Chicago doing carmel Mania. We know that probably

18
00:01:10,880 --> 00:01:13,840
Speaker 1: still dining out on the nuclear free moment. James Shaw

19
00:01:13,920 --> 00:01:17,400
Speaker 1: Grant Robertson are both in very cushy one percent jobs

20
00:01:17,600 --> 00:01:19,959
Speaker 1: probably not worrying about putting the heat pumps on. I

21
00:01:19,959 --> 00:01:23,320
Speaker 1: would think Megan Woods was the Minister of Energy who

22
00:01:23,400 --> 00:01:26,360
Speaker 1: signed off on the band and she is still in parliament.

23
00:01:26,440 --> 00:01:31,119
Speaker 1: She is the shadow Energy minister, so where is she today.

24
00:01:32,000 --> 00:01:35,200
Speaker 1: The government yesterday issued a challenge to labor to help

25
00:01:35,319 --> 00:01:38,160
Speaker 1: dig our way out of this crisis at four pm

26
00:01:38,440 --> 00:01:41,160
Speaker 1: major announcement. What has been the response. Not one tweet,

27
00:01:41,400 --> 00:01:45,000
Speaker 1: not one Facebook post, not one press release from them.

28
00:01:45,760 --> 00:01:48,200
Speaker 1: They were unavailable to our producers for an interview at

29
00:01:48,200 --> 00:01:51,400
Speaker 1: five forty five am this morning. Don't know why. No

30
00:01:51,680 --> 00:01:54,080
Speaker 1: statement even we asked them for a statement if they

31
00:01:54,080 --> 00:01:57,720
Speaker 1: wouldn't appear on the program. No statement either, folks. This

32
00:01:57,880 --> 00:02:02,800
Speaker 1: is spray and walk away Polyty. It's a classic case

33
00:02:03,160 --> 00:02:04,800
Speaker 1: and it looks a little bit now that they're not

34
00:02:04,880 --> 00:02:07,640
Speaker 1: talking like it's cowering in a crisis too. And they

35
00:02:07,680 --> 00:02:11,880
Speaker 1: were warned. MB told them a ban would cost one

36
00:02:11,880 --> 00:02:15,480
Speaker 1: point two to two twenty three billion dollars in lost royalties.

37
00:02:15,520 --> 00:02:17,720
Speaker 1: They told them that Method X would up and leave

38
00:02:18,280 --> 00:02:22,960
Speaker 1: if this went ahead. She disagreed, she sprayed and then

39
00:02:23,000 --> 00:02:26,880
Speaker 1: she walked away. Hipkins also not available for our interview

40
00:02:26,919 --> 00:02:31,320
Speaker 1: this morning. He has tweeted, I'll have more on that later,

41
00:02:32,440 --> 00:02:35,399
Speaker 1: but I'm sorry. If you've got the energy and resources

42
00:02:36,000 --> 00:02:39,200
Speaker 1: to boot the sector up, shipe Creek at least have

43
00:02:39,280 --> 00:02:42,920
Speaker 1: the decency to front up. For more from News Talks dB,

44
00:02:43,240 --> 00:02:46,480
Speaker 1: Listen live on air or online, and keep our shows

45
00:02:46,520 --> 00:02:49,320
Speaker 1: with you wherever you go with our podcasts on IR

46
00:02:49,520 --> 00:02:49,800
Speaker 1: Radio