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Getting Politics out of Power

Posted on 17 Jun 2005

ACT's vision is for an energy sector which meets the nation's energy needs in an efficient and affordable manner. The success of our main exporting industries is dependent upon internationally competitive energy prices.

Summary

ACT would remove the blockages to investment in new electricity generation with the various fuel options, including coal and nuclear, being considered and competing neutrally with minimal government interference.  ACT supports more market and less government across the energy sector.

ACT's goals

  • Affordable and reliable power supplies for households and business.
  • Getting politicians out of the power business.  The more they meddle, the greater the mess.

ACT's policies

  • Reform the laws, which create the greatest impediments to oil and gas exploration, new electricity generation and innovative investment in energy management.
  • End the State's dominance in the energy sector which is not in the interests of either the taxpayer or energy consumers.
  • Restrict the State's involvement to that of a light-handed regulator that encourages healthy competition among providers, with low entry thresholds. 
  • Remove distorting carbon taxes and end New Zealand's adherence to the fundamentally flawed Kyoto Protocol.

Policy outcomes

  • Greater certainty in terms of the capability of power generators to plan for and develop future sources of electricity supply, resulting in greater overall security of supply to power consumers.
  • Lower long-run prices through lowering generation costs, removing barriers to new generation, greater competition among suppliers, and energy efficiency.