The high cost of our energy crisis

In this podcast episode, we explore New Zealand's urgent energy crisis, triggered by the unexpected closure of Methanex, the nation's largest gas consumer. This shutdown poses serious risks to factories, jobs, and the country's reputation. We examine how falling hydro lake levels, decreasing gas supplies, and increasing electricity demand have combined to create a troubling situation, worsened by regulatory shortcomings and allegations of price gouging among major power companies. The conversation prompts important considerations about the need for government intervention and the long-term effects on household energy costs, encouraging listeners to rethink the relationship between commercial interests and regulatory agencies in tackling such challenges.