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Peter Mac's avatar

Well very interesting speculation Larry with that depreciation carrot Genesis could build another coal boiler and baseboard solved!

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New Zealand Energy's avatar

It could come to that if we can’t get some more gas fast.

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Winston Moreton's avatar

It will be interesting to see how the incentive plays out. I was thinking small businesses might be using it to upgrade the office car and premises but no reason why the big 6 electricity gentailers couldn't get into electricity infrastructure. They are of course purely profit motivated which will involve selling more energy to get a return on investment. AirNZ might revive its plans to develop electric aircraft.

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New Zealand Energy's avatar

Hi Winston, yes it will be interesting to see how this scheme develops. I suspect the cost to the Govt. will be much bigger than expected and that some restrictions will be added. Great point on the Air NZ electric aircraft.

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