Clive Bibby: Scrapping of Lake Onslow pump hydro project makes sense.

I am personally pleased that the Government has taken a new look at its priority list of spending on clean energy projects.

Having said that, my support is conditional on additional projects being ones that make sense and are in the best interests of the nation’s taxpayers and users of the extra energy generated.

The cost of these new projects needs to be seen as a responsible use of the country’s scarce financial resources compared to the huge waste likely to have occurred pursuing some of the last government’s ill conceived ideas.

Kerre Woodham: High electricity prices are investing for the future

I thought we would start perhaps with power companies who appear to me making rapacious profits. Are they charging too much for electricity? Now the profits would suggest they are.

The four big players —Contact, Genesis, Meridian, and Mercury— made a combined 2.7 billion, with a 'B', billion dollars last year.