16 December 2024 Methanexit – Should NZ be subsidising our largest gas user? The report goes into lots of detail about Methanex’s structure and finances. Because it is quite technical we’ve created this blog to explain.
19 August 2024 PR: Mercury pays shareholders highest payout per share in history Mercury Energy today has announced a net profit of $290 million (a jump of 159% from last year) and a dividend of 14 cents per...
18 August 2024 PR: Contact increases shareholder dividends in midst of energy crisis Contact Energy today has announced a net profit after tax of $235 million (up 85% from last year), and a dividend of $248m (the highest...
13 December 2023 Gentailer dividends a barrier to energy decarbonisation and lower energy prices Private control of the electricity industry will significantly raise the cost of NZ’s recent commitment to triple renewable power generation by 2050, according to a...
13 December 2023 Update: Generating Scarcity – How the gentailers hike electricity prices and halt decarbonisation Key takeaways from the report launched by 350 Aotearoa, New Zealand Council of Trade Union, and FIRST Union.
12 December 2023 PR: Thousands of New Zealanders call for community energy On Parliament’s fourth sitting day of the new government, 350 Aotearoa delivered a petition with the names of more than 2,600 New Zealanders calling for...
25 October 2023 Otago Regional Council votes to divest from all fossil fuel investments On Wednesday the Otago Regional Council voted in favour of divesting from all fossil fuel investments. The move comes after climate campaigners urged the ORC...