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The Latest Breaking News from MBIE

Creative accounting: How officials kept a failed tech upgrade under the radar

Today from The Detail: More than $30 million was written off for the failed project, but that may not be the true cost of this saga. Alexia Russell reports.

Newsroom.co.nz

Natural hydrogen can make decarbonising industry cheaper – NZ’s turbulent geology could give it an edge

Hydrogen is emerging as a critical part of the low-carbon transition for industries where electrification is not a straightforward solution.

The Conversation

NZ’s first marine reserve is turning 50 – the lessons from its recovery are invaluable

New Zealand’s first legislated marine reserve, established 50 years ago around Te Hāwere-a-Maki/Goat Island north of Auckland, was also among the very first in the world.

The Conversation

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Protected areas in the Hauraki Gulf nearly triple under a new law – but it comes with a catch

A new law that almost triples the protected area in the Hauraki Gulf Tīkapa Moana – New Zealand’s largest marine park at more than 1.2 million hectares, surrounding Auckland and the Coromandel peninsula – is something to be celebrated.

The Conversation

74 countries have now ratified a landmark treaty to protect the high seas. Why hasn’t NZ?

The ratification by more than 60 states, the minimum required to turn the Agreement on Biodiversity Beyond National Jurisdiction (better known as the High Seas Treaty) into law, means it will enter into force on January 17.

The Conversation

Leakage is a risk with carbon storage projects – NZ’s new framework must be clear on how to deal with this liability

The government recently announced a framework to regulate carbon capture, utilisation and storage (CCUS) by New Zealand companies.

The Conversation

NZ’s gas shortage was not caused by the offshore exploration ban – but it was still a flawed policy

Historically, gas in New Zealand traded below NZ$10 per gigajoule. When prices hit $50 per gigajoule in August this year, anyone with gas to sell could have made a lot of money.

The Conversation

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How sharing stories about river restoration can inspire others to take care of waterways

Water is the lifeblood of our planet. But in Aotearoa New Zealand, a staggering two-thirds of the rivers monitored for water quality are classified as unswimmable. Only 2% of large lakes are deemed to be in “good health”.

The Conversation

Green hydrogen could decarbonise entire industries in NZ – but there’s a long way to go

Hydrogen has been called the “Swiss army knife” of decarbonisation because it can do many things. But not all of them make sense.

The Conversation

NZ is running out of gas – literally. That’s good for the climate, but it’s bad news for the economy

The coalition government recently announced its plan to reverse a ban on new oil and gas exploration to deal with an energy security challenge brought on by rapidly declining natural gas reserves.

The Conversation

One year ago, a deadly boarding house fire shook New Zealand. We must prevent another tragedy

The Loafers Lodge fire prompted a review of safety standards at New Zealand’s 800 boarding houses but more action is needed

The Guardian - AU

Why many chefs leave the industry

"That those who feed others struggle to feed themselves seems a dark irony"

Salon

Confusion and concern over new building warrant of fitness forms

New designations for buildings that fail their warrant of fitness have started to be used around the country, but early childcare centres in Auckland are concerned a previous workaround to hold onto their licence is no longer available.

Newsroom.co.nz

Government grabs more power in Ruapehu liquidation

MBIE has bought up $13m ANZ debt and appointed receivers from Calibre Partners to advance a sale of the ski fields, reports Andrew Bevin.

Newsroom.co.nz

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Newsroom.co.nz

Owner of troubled Sara Lee bidding for Whakapapa

The dessert company's owner says its administration won't impact its bid to buy the North Island skifield

Newsroom.co.nz

Epitaph for Onslow

Nestled in the hills of Central Otago lies the energy silver bullet that New Zealand couldn’t afford.

Newsroom.co.nz

Ministers agree loan to private investors to save Ruapehu ski field

There's concern at a Cabinet decision, in the shadow of election, to increase its lending to $50m and set up ski field for private ownership. Jonathan Milne reports.

Newsroom.co.nz

Iwi 'aghast' at Cabinet decision on privatising Ruapehu ski fields

Ministers must decide whether to take over Ruapehu Alpine Lifts' $15 million bank debt to stop a fire sale of its assets by liquidators. Jonathan Milne reports.

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Newsroom.co.nz

Toilets flush with cash after tourism fund distributed

Despite government messaging that the latest round of tourism infrastructure funding will foster recovery from this year’s severe weather events, almost half of the money will go to toilets.

Newsroom.co.nz

Purpose-built MIQ facilities no longer on the cards

Cabinet has quietly decided not to progress with further investigations into purpose-built MIQ facilities and work on long-term contracted facilities is on hold.

Newsroom.co.nz

MBIE watching for insurance cowboys blowing in on the storms

Government officials are warning unregulated insurance advisers may cause headaches for homeowners in the wake of Cyclone Gabrielle, but won’t go so far as to suggest they be captured under finance laws

The Conversation

NZ's geothermal wells offer a cheap way of storing carbon permanently -- equivalent to taking 600,000 cars off the road

We know putting carbon dioxide (CO₂) into the atmosphere is bad for the climate. But should we be reversing some of the damage by removing greenhouse gases that were emitted decades ago?

Newsroom.co.nz

Offshore wind developer to seek consent in Taranaki

The Government has warned of a costly and complex process if developers act before rules for consenting offshore energy are in place.

Newsroom.co.nz

Government offers taxpayer millions for Ruapehu buyers

Leaked email shows the Crown will spend millions supporting Turoa and Whakapapa buyers.

Newsroom.co.nz

Ruapehu bidder backs out before big vote

Turoa Alpine is supporting the Ruapehu Stakeholders Association bid in lieu of making its own.

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