November 24, 2025 • 11 mins
THE BEST BITS IN A SILLIER PACKAGE (from Tuesday's Mike Hosking Breakfast) Otherwise It's Just hot Air/In Edgecumbe's Backyard, Apparently/Checking Off Your Dog's Christmas List/What Happened to Tinsel?/It's Different In the Warehouse
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Speaker 1 (00:09):
You're listening to a podcast from news Talk SEDB. Follow
this and our wide range of podcasts now on iHeartRadio,
The Rewrap.
Speaker 2 (00:26):
The one to the Rewrap for Tuesday, all the best
bets from the Mic Costing Breakfast on Newsbalk's ed Beat,
and a Sillier package. I'm Glen Hart, and today solar
farms are all go? Are we spending too much on
our dogs? We're certainly spending too much on Christmas decorations
and when luxury brands don't come across as quite so luxury.
(00:50):
But before any of that, this whole carbon trading thing,
it really only works if people turn up to trade,
doesn't it. Otherwise it's not really a thing.
Speaker 3 (00:59):
Now if you follow the carbon market, and you should,
it is yet another lesson in the object failure that
almost certainly results in jurymandering markets. Four times a year
you get a bid for credits offsets to counter your polluting.
Are you do this because we've signed up to Paris
and made a bunch of promises we were never going
to be able to keep By selling credits, the government
has the potential income of about two billion dollars a year,
(01:20):
except little of any of that happens because buying large
people don't turn up or bid, and they fail to
show up, broadly speaking, because people don't believe a word
the government says on climate. It's not just this government.
Last one was even worse. They've tried to set a
price for carbon credits, remembering of course that this is
this is entirely invented market, so it's darted aboard stuff
at the best of times, anyway of late the price
(01:41):
was set at fifty two dollars, then it collapsed to
thirty three before settling back to about forty something. At
the moment enter Simon Watts, climate minister. Now he doesn't
normally talk about the market because that's interference, the same
way the Prime Minister doesn't talk about the Reserve Bank.
But Simon has talked about the market and has done
that because well, the government are panics. He issued a
reassurance that despite all the changes they're making around climate,
(02:03):
at the carbon market, the ets there's still a thing.
We are still committed it is still going to happen. Commitments,
he said, ah, firm. Except Simon, that's the problem. No
one believes you. This is a government that says one thing,
acts the other. Now, don't get me wrong, what roughly
they're doing is the right thing to do. Because the
tide has gone out on climate. The promises are a bust.
No one's going to make it to next zero. So
(02:24):
the answer is to stop pretending you are. I mean,
science might come to the rescue, and if it does, fantastic,
But the governmental promises around carbon and the ets and
the car import duties, it's all bs. And there's no
better proof of that than a carbon market. The market
where money like rubber hits the road. The market is
calling the government's bluff carbon credits or snake oil, ah,
(02:46):
same thing. No one's buying, figuratively or literally.
Speaker 2 (02:50):
It's one of those stalls at the market where they've
just completely misread the demand for their product. I've often
thought the one that sells all the leather belts and
things like that, just as why you're selling hats as well.
(03:12):
I think people go to the market to shop for
leather belts.
Speaker 3 (03:14):
But maybe it's the rewrap.
Speaker 2 (03:18):
Of course, if we're running everything with solar farms, or boy,
have we got some carbon credits to trade.
Speaker 3 (03:26):
Genesis go on the solar energy turn in thirty six million.
This is near edgecomb the edgecumb solar farm projects. So
that's almost thirty thousand homes a month second half of
twenty twenty seven. They're paying for it themselves, which is
quite good given that's turning thirty six million. They will
capital recycle. Other parties get involved at a later stage.
So that's interesting. But if you want to and I'm
(03:47):
increasingly fascinated by what we're doing in this country with renewables,
not just because they're renewables, but because we don't have
enough power to turn the lights on gom you know.
And that's before we get to the data centers and
all the other AI stuff. Anyway, Simpson Grierson, they do
a thing called the Energy Outlook twenty twenty five, and
they said that's one of these big market leading reports
that sort of hads know arching view of what's going on. Anyway,
(04:10):
the latest report, which is well worth looking up and reading,
international investor confidence has reached its highest level since twenty nineteen,
So that's good. I don't think the government has said
so explicitly, but I don't think the two hundred million
skin in the game thing they did with oil and
gas is working. I just don't think the world is
out there going oh yeah, well that's not going to
that'll change again when Labour get back in. If Labour
(04:31):
get back in, so why would we take the risk.
I don't think that side of the equation is working,
but it does appear, according to this report, to be
working in terms of renewables and international money, so the
highest level since twenty nineteen, So that's encouraging. Torrents they
call it their word, not mine, a torrent of regulatory
reform that we've seen in this country that's beginning to
deliver results. New Zealand is a testing ground for emerging
(04:55):
energy technologies, utility scale solar, battery storage, and distributed energy systems.
That all seems to be going well. They're bullish on
the fast Track Approvals Amendment bill, so that looks good.
So in other words, things are coming right. And if
you go into the report, and I can't remember what
their specific terminology was, but the alert that Transpower puts
(05:17):
out in the middle of winter when we don't have
enough power, they do that whole tomorrow morning could be
a bit dodgy. Those there were eleven last year, there's
one this year, so it's gone from eleven to one.
And that's about demand and supply. Demand hasn't gone down,
but supply has gone up, so that's encouraging. So it
would appear that at long last, that the renewable, the investment,
the bringing of product to market is actually starting to
(05:41):
work and we are actually solving our problem and the
rules are changing. The world is looking, the money is flowing,
and we can, almost fingers crossed, say we tick that box,
so we'll take that.
Speaker 2 (05:53):
So I mean a lot of people have a sort
of a nimbi approach to sold the farms and wind
farms and things like that, and you know, none in
my backyard, but apparently edgecomb are going, yes, please, we'll
have it in our backyard. Think right. It's that time
of year unfortunately, where we're just getting drawn into Christmas
(06:17):
hype like some kind of festive black hole. And it
started with what we're spinning on our pets, which of
course includes festive presents.
Speaker 3 (06:28):
So the next question is do you buy your dog
Christmas gift? So that's the next question. Isn't because it's stupid.
It's no, it's stupid because the dog doesn't know it's
Christmas and it's not interested in the Christmas gift, and
certainly it's.
Speaker 2 (06:41):
Interested in the Christmas gift. Don't worry about that if
you If you it's not interested, you even bought the
right gift.
Speaker 3 (06:46):
You don't reckon so you so obviously you've given yourself
away with your cockadoodle do and so you buy it.
Speaker 2 (06:51):
Also, Yeah, I know, I completely disagree about it's on
the same level as your kids.
Speaker 3 (06:54):
I like my dog way more than kids. Yeah, agree,
the whole different league. Yeah, they fit in completely differently.
So do you do. You wish your dog a happy birthday?
And we did this the other day, wished our dog
a happy birthday, and they just look at you the
same way, look at you. I could be going poos
and they look at you the same way as if
you say have a birthday, don't they there's no different
(07:15):
yet you're doing that, and then you buy them a
Christmas gift and you're surprised they don't want to unwrap it.
They'll sniff around it, and if it's something to eat,
they'll eat it, and if it's nothing to eat, they won't.
That's how dogs work.
Speaker 2 (07:24):
Can I just explain I wasn't suggesting that the dog
understands that it's his birthday, or that he knows it's Christmas.
But if he's not interested in the present, that's on
you. You've bought the wrong president. It's no different to a
human being at that point.
Speaker 1 (07:38):
It's a rewrap.
Speaker 2 (07:39):
Some people just have got different tastes and things, haven't
They like I don't know, Christmas decorations for example.
Speaker 3 (07:44):
Jeez, you've gone off on the Christmas dick. He's erased
this with Ryan before six o'clock this morning, and we
become a kmart country. It's just cheap crap and you
can't buy any quality Christmas decorations. And of course all
of you have gone, oh, what about Valentine's. Yeah, of course,
so it used to be Kirk's, it used to be
Smith and Cowey, used to be Valentine's. Well it still
is Valentine's, but the department store is gone, so you've
all gone, what about Valentine's? What Aboutvalentine's? Then comes an
(08:06):
Ekeodahuna masson That sounds very exotic, isn't it. Ekatahuna mess on?
The messon in Ekadahuna wild rosesn't tire happy. So there
you go, worth worth the road trip. So you say
Paisley's of Tawa. Johnnah says, I miss Kirks, but Paisley's
of Tawa. And then comes the Pista Resistance, Perfect Tree Bables,
Mike at Valentine's and Christ Jurich Waterford Winter Wonder Borbles
(08:31):
six for three thousand, eight hundred and twenty eight bucks
but on sale currently for three thousand and sixty three.
They're keepsakes and beautiful five hundred of balls.
Speaker 2 (08:43):
I mean, seriously, the kids used to make decorations. You'd
put them on the tree, but a tinsel. I know,
I was always fascinated on American sitcoms. They always used
to make popcorn and then thread a line through a
(09:03):
whole lot of popcorner hang that up. So that was
a bit strange. I don't think they'd ever put on here,
but stuff like that. Yeah, there's a lot of different
decorations you can make with a packet at crape paper.
And if you've got two packets of different colors, oh
my goodness, the creativity is unbound there wrap or maybe
this best of season you're just hoping for some flash
(09:26):
perfume and cosmetics. Where did where in the process does
it become flash in the factory while it's traveling through
the country and the distribution warehouse. No, probably not flash
at any of those points, is it?
Speaker 3 (09:42):
Was it funny of me yesterday I was watching lux
and speaking of all because he made the announcement at
the opening of a lorreol Lorrel warehouse, and Lorrel supplies
quite expensive stuff. And when you see it in a
department stop, you go, that's flash. That's flash stuff Loril
from France. When you see it in a warehouse, all
packaged up, nine million individual bits of it, all cellophane together,
(10:05):
stuck together, upside down, and you think, not quite so sophisticated,
is it in a warehouse? I wonder what the markup
is from that in the warehouse to the time it
gets all polished and shining on your department store shelf.
Min I suppose that's business, isn't it?
Speaker 2 (10:21):
And you see right there, he's completely unraveled his whole
argument around the Christmas decorations, isn't he, Because really the
difference between a three thousand dollars box of Christmas decorations
and a three dollar box from kave Art is that
ones that came out ones that Valentine's or wherever the
shop was and why he beach that somebody emailed us about.
(10:45):
So anyway, I well, we're putting our tree out this weekend.
I'm just glad that it's my birthday. Shortly and often
seems to happen on my birthday when we put out
the tree. But my birthday's on a Monday, which is
a dumb day to have a birthday, but at least
it won't clash with the putting up the tree day
this year. I am cleared heart every birthday to me
(11:07):
or not yet, but yet it's cut. So keep your
presence in I like bourbon. We'll see you but here
again tomorrow.
Speaker 1 (11:22):
For more from news Talks at b Listen live on
air or online, and keep our shows with you wherever
you go with our podcasts on iHeartRadio
You're listening to a podcast from news Talk SEDB. Follow
this and our wide range of podcasts now on iHeartRadio,
The Rewrap.
Speaker 2 (00:26):
The one to the Rewrap for Tuesday, all the best
bets from the Mic Costing Breakfast on Newsbalk's ed Beat,
and a Sillier package. I'm Glen Hart, and today solar
farms are all go? Are we spending too much on
our dogs? We're certainly spending too much on Christmas decorations
and when luxury brands don't come across as quite so luxury.
(00:50):
But before any of that, this whole carbon trading thing,
it really only works if people turn up to trade,
doesn't it. Otherwise it's not really a thing.
Speaker 3 (00:59):
Now if you follow the carbon market, and you should,
it is yet another lesson in the object failure that
almost certainly results in jurymandering markets. Four times a year
you get a bid for credits offsets to counter your polluting.
Are you do this because we've signed up to Paris
and made a bunch of promises we were never going
to be able to keep By selling credits, the government
has the potential income of about two billion dollars a year,
(01:20):
except little of any of that happens because buying large
people don't turn up or bid, and they fail to
show up, broadly speaking, because people don't believe a word
the government says on climate. It's not just this government.
Last one was even worse. They've tried to set a
price for carbon credits, remembering of course that this is
this is entirely invented market, so it's darted aboard stuff
at the best of times, anyway of late the price
(01:41):
was set at fifty two dollars, then it collapsed to
thirty three before settling back to about forty something. At
the moment enter Simon Watts, climate minister. Now he doesn't
normally talk about the market because that's interference, the same
way the Prime Minister doesn't talk about the Reserve Bank.
But Simon has talked about the market and has done
that because well, the government are panics. He issued a
reassurance that despite all the changes they're making around climate,
(02:03):
at the carbon market, the ets there's still a thing.
We are still committed it is still going to happen. Commitments,
he said, ah, firm. Except Simon, that's the problem. No
one believes you. This is a government that says one thing,
acts the other. Now, don't get me wrong, what roughly
they're doing is the right thing to do. Because the
tide has gone out on climate. The promises are a bust.
No one's going to make it to next zero. So
(02:24):
the answer is to stop pretending you are. I mean,
science might come to the rescue, and if it does, fantastic,
But the governmental promises around carbon and the ets and
the car import duties, it's all bs. And there's no
better proof of that than a carbon market. The market
where money like rubber hits the road. The market is
calling the government's bluff carbon credits or snake oil, ah,
(02:46):
same thing. No one's buying, figuratively or literally.
Speaker 2 (02:50):
It's one of those stalls at the market where they've
just completely misread the demand for their product. I've often
thought the one that sells all the leather belts and
things like that, just as why you're selling hats as well.
(03:12):
I think people go to the market to shop for
leather belts.
Speaker 3 (03:14):
But maybe it's the rewrap.
Speaker 2 (03:18):
Of course, if we're running everything with solar farms, or boy,
have we got some carbon credits to trade.
Speaker 3 (03:26):
Genesis go on the solar energy turn in thirty six million.
This is near edgecomb the edgecumb solar farm projects. So
that's almost thirty thousand homes a month second half of
twenty twenty seven. They're paying for it themselves, which is
quite good given that's turning thirty six million. They will
capital recycle. Other parties get involved at a later stage.
So that's interesting. But if you want to and I'm
(03:47):
increasingly fascinated by what we're doing in this country with renewables,
not just because they're renewables, but because we don't have
enough power to turn the lights on gom you know.
And that's before we get to the data centers and
all the other AI stuff. Anyway, Simpson Grierson, they do
a thing called the Energy Outlook twenty twenty five, and
they said that's one of these big market leading reports
that sort of hads know arching view of what's going on. Anyway,
(04:10):
the latest report, which is well worth looking up and reading,
international investor confidence has reached its highest level since twenty nineteen,
So that's good. I don't think the government has said
so explicitly, but I don't think the two hundred million
skin in the game thing they did with oil and
gas is working. I just don't think the world is
out there going oh yeah, well that's not going to
that'll change again when Labour get back in. If Labour
(04:31):
get back in, so why would we take the risk.
I don't think that side of the equation is working,
but it does appear, according to this report, to be
working in terms of renewables and international money, so the
highest level since twenty nineteen, So that's encouraging. Torrents they
call it their word, not mine, a torrent of regulatory
reform that we've seen in this country that's beginning to
deliver results. New Zealand is a testing ground for emerging
(04:55):
energy technologies, utility scale solar, battery storage, and distributed energy systems.
That all seems to be going well. They're bullish on
the fast Track Approvals Amendment bill, so that looks good.
So in other words, things are coming right. And if
you go into the report, and I can't remember what
their specific terminology was, but the alert that Transpower puts
(05:17):
out in the middle of winter when we don't have
enough power, they do that whole tomorrow morning could be
a bit dodgy. Those there were eleven last year, there's
one this year, so it's gone from eleven to one.
And that's about demand and supply. Demand hasn't gone down,
but supply has gone up, so that's encouraging. So it
would appear that at long last, that the renewable, the investment,
the bringing of product to market is actually starting to
(05:41):
work and we are actually solving our problem and the
rules are changing. The world is looking, the money is flowing,
and we can, almost fingers crossed, say we tick that box,
so we'll take that.
Speaker 2 (05:53):
So I mean a lot of people have a sort
of a nimbi approach to sold the farms and wind
farms and things like that, and you know, none in
my backyard, but apparently edgecomb are going, yes, please, we'll
have it in our backyard. Think right. It's that time
of year unfortunately, where we're just getting drawn into Christmas
(06:17):
hype like some kind of festive black hole. And it
started with what we're spinning on our pets, which of
course includes festive presents.
Speaker 3 (06:28):
So the next question is do you buy your dog
Christmas gift? So that's the next question. Isn't because it's stupid.
It's no, it's stupid because the dog doesn't know it's
Christmas and it's not interested in the Christmas gift, and
certainly it's.
Speaker 2 (06:41):
Interested in the Christmas gift. Don't worry about that if
you If you it's not interested, you even bought the
right gift.
Speaker 3 (06:46):
You don't reckon so you so obviously you've given yourself
away with your cockadoodle do and so you buy it.
Speaker 2 (06:51):
Also, Yeah, I know, I completely disagree about it's on
the same level as your kids.
Speaker 3 (06:54):
I like my dog way more than kids. Yeah, agree,
the whole different league. Yeah, they fit in completely differently.
So do you do. You wish your dog a happy birthday?
And we did this the other day, wished our dog
a happy birthday, and they just look at you the
same way, look at you. I could be going poos
and they look at you the same way as if
you say have a birthday, don't they there's no different
(07:15):
yet you're doing that, and then you buy them a
Christmas gift and you're surprised they don't want to unwrap it.
They'll sniff around it, and if it's something to eat,
they'll eat it, and if it's nothing to eat, they won't.
That's how dogs work.
Speaker 2 (07:24):
Can I just explain I wasn't suggesting that the dog
understands that it's his birthday, or that he knows it's Christmas.
But if he's not interested in the present, that's on
you. You've bought the wrong president. It's no different to a
human being at that point.
Speaker 1 (07:38):
It's a rewrap.
Speaker 2 (07:39):
Some people just have got different tastes and things, haven't
They like I don't know, Christmas decorations for example.
Speaker 3 (07:44):
Jeez, you've gone off on the Christmas dick. He's erased
this with Ryan before six o'clock this morning, and we
become a kmart country. It's just cheap crap and you
can't buy any quality Christmas decorations. And of course all
of you have gone, oh, what about Valentine's. Yeah, of course,
so it used to be Kirk's, it used to be
Smith and Cowey, used to be Valentine's. Well it still
is Valentine's, but the department store is gone, so you've
all gone, what about Valentine's? What Aboutvalentine's? Then comes an
(08:06):
Ekeodahuna masson That sounds very exotic, isn't it. Ekatahuna mess on?
The messon in Ekadahuna wild rosesn't tire happy. So there
you go, worth worth the road trip. So you say
Paisley's of Tawa. Johnnah says, I miss Kirks, but Paisley's
of Tawa. And then comes the Pista Resistance, Perfect Tree Bables,
Mike at Valentine's and Christ Jurich Waterford Winter Wonder Borbles
(08:31):
six for three thousand, eight hundred and twenty eight bucks
but on sale currently for three thousand and sixty three.
They're keepsakes and beautiful five hundred of balls.
Speaker 2 (08:43):
I mean, seriously, the kids used to make decorations. You'd
put them on the tree, but a tinsel. I know,
I was always fascinated on American sitcoms. They always used
to make popcorn and then thread a line through a
(09:03):
whole lot of popcorner hang that up. So that was
a bit strange. I don't think they'd ever put on here,
but stuff like that. Yeah, there's a lot of different
decorations you can make with a packet at crape paper.
And if you've got two packets of different colors, oh
my goodness, the creativity is unbound there wrap or maybe
this best of season you're just hoping for some flash
(09:26):
perfume and cosmetics. Where did where in the process does
it become flash in the factory while it's traveling through
the country and the distribution warehouse. No, probably not flash
at any of those points, is it?
Speaker 3 (09:42):
Was it funny of me yesterday I was watching lux
and speaking of all because he made the announcement at
the opening of a lorreol Lorrel warehouse, and Lorrel supplies
quite expensive stuff. And when you see it in a
department stop, you go, that's flash. That's flash stuff Loril
from France. When you see it in a warehouse, all
packaged up, nine million individual bits of it, all cellophane together,
(10:05):
stuck together, upside down, and you think, not quite so sophisticated,
is it in a warehouse? I wonder what the markup
is from that in the warehouse to the time it
gets all polished and shining on your department store shelf.
Min I suppose that's business, isn't it?
Speaker 2 (10:21):
And you see right there, he's completely unraveled his whole
argument around the Christmas decorations, isn't he, Because really the
difference between a three thousand dollars box of Christmas decorations
and a three dollar box from kave Art is that
ones that came out ones that Valentine's or wherever the
shop was and why he beach that somebody emailed us about.
(10:45):
So anyway, I well, we're putting our tree out this weekend.
I'm just glad that it's my birthday. Shortly and often
seems to happen on my birthday when we put out
the tree. But my birthday's on a Monday, which is
a dumb day to have a birthday, but at least
it won't clash with the putting up the tree day
this year. I am cleared heart every birthday to me
(11:07):
or not yet, but yet it's cut. So keep your
presence in I like bourbon. We'll see you but here
again tomorrow.
Speaker 1 (11:22):
For more from news Talks at b Listen live on
air or online, and keep our shows with you wherever
you go with our podcasts on iHeartRadio
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