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Why giving the Commerce Commission the power to set 'fair' fuel prices is unfair on NZ’s climate targets

  • Written by Timothy Welch, Senior Lecturer in Urban Planning, University of Auckland
Why giving the Commerce Commission the power to set 'fair' fuel prices is unfair on NZ’s climate targetsGetty Images

The government announcement that the Commerce Commission will soon have the power to regulate wholesale petrol and diesel prices might be good news for cash-strapped motorists, but it’s arguably a retrograde step in the fight against climate change.

While there is some scepticism about whether the commission will ever act to...

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Driving smarter: how car subscription models are redefining mobility and financial flexibility

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The Future of Wealth Technology

“You shouldn’t need a large account balance to experience real-time investing. Technology should make that kind of access universal.” For decades...