Valid Questions David Shearer and Russel Norman need to answer

Colin Espiner asked these questions yesterday. David Shearer and Russel Norman need to come clean on the answers.

There are so many holes in this policy I don’t know where to start. How much is a “fair price” for power, and who decides? The Government? How does Labour decide that a 300KW block will save households $300? And who pays for this, given that nothing in this world is free?

How does giving away electricity square with Labour’s stated plans to be more energy-efficient? Or to reduce greenhouse gases?

The Greens want to add “progressive pricing” – charging poor people less for their power – to the mix. Will Labour agree to this? How would that work? Is it fair? What about moderately well-off people who live in cold climates?

Labour claims its policy would create 5000 jobs. Seriously? How?

Will Labour compensate private industry for having millions written off their balance sheets? 

Espiner wonders about the desperation of third world voodoo economic solutions:

I’m tempted to see this as a last-ditch attempt to derail National’s plans to part-sell its electricity assets, but if that’s the case it’s going to seriously annoy a lot of investors who were poised to put funds into Mighty River Power.

It’s extremely rare that I agree completely with Economic Development Minister Steven Joyce, but his comment today that the plan was “a return to the 1970s-style monopoly provision of electricity…Only North Korea and Venezuela did not think such ideas are nuts” is pretty much spot on.

I agree with Joyce that Labour is virtually sabotaging the economy.

It is, in my view, also an indication that Labour does not believe it has any hope of winning the next election. In my experience, only political parties that know they have no realistic hope of winning an election propose things they know they will never have to try to implement.

Labour’s jumped the shark, Joyce reckons. It’s hard to disagree.

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.