New Zealand’s Electricity Bought and Sold in a “Phoney Market” which Represents Another Form of Taxation

November 3rd, 2014

Via: Southland Times:

The former Meridian Energy director, who is also Upoko of Awarua Runanga, said New Zealand’s electricity was bought and sold in a “phoney market” which represented another form of taxation.

If the electricity market was genuinely competitive, every electricity company director and chief executive would be thrown in jail.

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