Te P\u0101ti M\u0101ori wants to increase M\u0101ori and community ownership of new renewable energy assets, establishing a $1 billion Energy Sovereignty Fund in the process.<\/p>\n
The party’s ‘energy sovereignty’ election policy would set up a fund to administer grants, concessional finance, guarantees, equity investment, and co-investment so hap\u016b, iwi, marae, M\u0101ori landowners, and communities can acquire permanent stakes in energy assets.<\/p>\n
The fund would also invest in energy resilience projects, community batteries, M\u0101ori energy businesses, and workforce development, aiming to reduce household energy costs and increase resilience.<\/p>\n
Co-leader Rawiri Waititi said replacing fossil fuels with renewables, but leaving the ownership and profits in the same hands would transform technology, but not the system.<\/p>\n
“Every party is talking about generating more electricity. We’re asking the question they keep avoiding: who will own it?” he said.<\/p>\n
Te P\u0101ti M\u0101ori would establish a National Energy Independence Plan, to deliver “measurable reductions” in household energy costs and “measurable increases” to M\u0101ori ownership.<\/p>\n
The party would also strengthen the powers of the Commerce Commission and Electricity Authority to investigate excessive pricing and profits and strengthen competition.<\/p>\n
Like Labour, the Greens, and National, Te P\u0101ti M\u0101ori said it supported the Ratepayer Assistance Scheme to increase access to solar.<\/p>\n
The party’s policy document said the transition to renewables must uphold tino rangatiratanga, and not reproduce an economic model where value was extracted from M\u0101ori communities, while the ownership, decision-making, and economic benefits accumulated elsewhere.<\/p>\n
“M\u0101ori must have meaningful rights and interests in ownership, governance, investment, development, employment, procurement, benefit sharing and decisions affecting whenua, wai and other taonga,” the document said.<\/p>\n
“The renewable transition cannot become the next extractive economy. Renewable development must honour Te Tiriti, protect mana whenua decision-making, uphold strong environmental standards and avoid shifting environmental harm onto mokopuna generations.”<\/p>\n","protected":false},"excerpt":{"rendered":"Te P\u0101ti M\u0101ori wants to increase M\u0101ori and community ownership of new renewable energy assets, establishing a $1…\n","protected":false},"author":2,"featured_media":602409,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[138,111,139,69],"class_list":["post-602408","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/602408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=602408"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/602408\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/602409"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=602408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=602408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=602408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}