Episode Transcript
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Speaker 1 (00:00):
Now the government setting aside sixty million dollars to explore
the potential of so called supercritical geothermal energy. Conventionally, we're
drilling about three and a half k's deep at the moment,
but scientists reckon supercritical drilling to a depth of six
ks has the potential to generate near limitless power, and
the Resources and Energy Minister Shane Jones is with us. Now,
Hey Shane, Hey, so what kind of energy is it
(00:24):
that you're pulling out here? What are we talking about?
Speaker 2 (00:28):
Twenty percent of the current electricity we generate as traceable
back to geothermal energy from a depth of two maybe
three and a half kilometers. We want to go six
kilometers closer to the magma. Supercritical super hot, a far
more intense form of geothermal energy, with the capacity to
(00:52):
grow our electricity supply platform by probably another fifty percent
dive down energy prices give us greater security.
Speaker 3 (01:01):
Private company is already doing this.
Speaker 2 (01:05):
Private companies in New Zealand are busily gouging and profiting
excessively from industry and households. They have no interest in
massively expanding the supply of energy because it'll drive down prices.
To you and I does compromise their profits.
Speaker 1 (01:22):
Okay, so you think that they would do it if
they actually had an incentive to do it, But they
just don't want to do. The reason I'm asking you
the Shane, is because if a private company isn't doing it,
I start to get a bit wary about the public
getting involved in it.
Speaker 3 (01:33):
Do you know what I mean?
Speaker 2 (01:35):
No, I don't what you mean.
Speaker 1 (01:37):
Well, if there's if there is no reason, if a
private company looks at this thing and doesn't see that
there is a reason for them to get involved in
this right that the return on the investment outweighs it
makes sense to them. Then is it smart for us
as a government to be throwing money into it? If
it doesn't make commercial sense, why would we do it?
Speaker 2 (02:00):
It's smart for a government to secure energy security. We
almost ran out of energy last winter. The price has
got to such a sky high level. We had the
highest energy prices in the world. The current gent tailors,
the major energy electricity producers, have no incentive to boost
(02:21):
our energy security because insecurity massively expands their profits. No government,
no politician like Shane Jones, can sit eily buy while
we suffer energy poverty and a small cost of shareholders
grossly profit.
Speaker 3 (02:36):
Where in the country do you do this?
Speaker 2 (02:40):
The volcanic plateau represents that this stage the best potential.
That's aleppotur popal coroone. I mean we are sitting on
a potential energy magic carpet down to that part of
the country. You are right, there are risks, but that's
what governments exist for where there's a market failure and
(03:03):
fail Let's be honest. The market is failing grossly in
terms of energy in New Zealand. That's why it's not
an unreasonable contribution to test as the science correct and
can the engineering be made to perform to give us
this new platform in a climate uncertain environment of fresh
(03:24):
green energy.
Speaker 1 (03:25):
And Shane, is this something that you do on shore
or offshore?
Speaker 2 (03:30):
No, the electricity that we may generate over time from
the geothermal field will be on shore. The offshore was
from the wind farms they have now gone home off
the coast of Taranaki. Of course they blamed they blamed
the offshore mining for that which there's another matter and
(03:51):
once again further evidence of falsehoods.
Speaker 3 (03:54):
Shane, were you in parliament today for the carry on?
Speaker 2 (03:58):
I sadly wasn't cargol announcing jobs, announcing investments and supporting
the aquaculture industry. My colleague Casey Costello was there, but
by all accounts it turned into a circus with the
Malti Party, in particular the young lady from Tynery. But
I'm not surprised that the Malori Party are subverting Parliament.
(04:19):
They're malcontents. They are there to undermine the legitimacy of
Parliament and they are using that as a basis to
recruct members from their party. The whole hikoy, which is
actually a khakoy, is designed as a clarion called to
boost the appeal of the Maori Party.
Speaker 1 (04:36):
Now, Shane, what I'd like to know from you, because
you've been in Parliament a very very long time, is
what we're seeing at the moment is it's getting increasingly
weird in there and rowdy and there's a lot more misbehavior.
How do you stop this from escalating?
Speaker 2 (04:52):
Well, there are provisions that Terry Brown has now once
things get completely out of control. The Parliament has inherent
powers to imprison members.
Speaker 3 (05:04):
Of Parliament, well actually chuck them in jail.
Speaker 2 (05:07):
At Parliament has inherent powers to put people in jail,
and the way the Maldi Party. Karen, Oh, that's a
great That seemed to me quite an appropriate response. Democratic. Well,
there lies the problem. It's an ancient doction we'll have
inherited through our parliamentary Westerners to based democracy. But with
(05:30):
the threatening, ugly behavior. Then the butler of mining change
and sees that as a reasonable discussion point.
Speaker 1 (05:39):
And when you if parliament, if Jerry was to do
that and chuck them in jail, what are we talking
about the clink down at Wellington District Court, are down
at the local police station or is there some sort
of special jail at Parliament.
Speaker 2 (05:53):
I'm not entirely sure if Stuart Island's got to jail,
but some distant destination for these malcontents wouldn't be a
bad idea, Shane.
Speaker 1 (06:00):
I like that idea more than your geothermal idea, or
be honest with you, I appreciate it, Shane Showings, Resources Minister.
Which is not to say I don't like the geothermal idea,
but this idea has really tickled me.
Speaker 3 (06:09):
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