An electrification advocate says the rising price and falling supply of gas may not be a bad thing in the long-term. 

PwC research —commissioned by Gas Industry Co— has found New Zealand's gas market will need to shrink sharply as domestic supply declines.  

It warns this could mean business closures, job losses, and higher energy costs. 

Rewiring Aotearoa CEO Mike Casey told Ryan Bridge it's going to be a tough transition, but we need to move away from gas anyway. 

He says gas is an expensive and inefficient technology, especially in homes, and the more people get off it, the better it will be for them in the long run. 

LISTEN ABOVE 

An electrification advocate says the rising price and falling supply of gas may not be a bad thing in the long-term.&nbsp;
PwC research —commissioned by Gas Industry Co— has found New Zealand's gas market will need to shrink sharply as domestic supply declines. &nbsp;
It warns this could mean business closures, job losses, and higher energy costs.&nbsp;
Rewiring Aotearoa CEO Mike Casey told Ryan Bridge it's going to be a tough transition, but we need to move away from gas anyway.&nbsp;
He says gas is an expensive and inefficient technology, especially in homes, and the more people get off it, the better it will be for them in the long run.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Mike Casey: Rewiring Aotearoa CEO says declining gas supplies could accelerate the shift to cleaner and cheaper energy

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f0292774-89d6-4440-bd83-b40b016ac9b5/transcript