There's plenty of solutions being suggested to clear up the current energy crisis - and the former head of Mercury Energy has just unveiled a potential idea.

Fraser Whineray recently suggested the time has come to drop the carbon price that we've put on coal through the ETS in order to bring power prices down. 

He says the ETS is designed to encourage people to use green alternatives, but there isn't a green alternative applicable here as of yet.

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There's plenty of solutions being suggested to clear up the current energy crisis - and the former head of Mercury Energy has just unveiled a potential idea.
Fraser Whineray recently suggested the time has come to drop the carbon price that we've put on coal through the ETS in order to bring power prices down.&nbsp;
He says the ETS is designed to encourage people to use green alternatives, but there isn't a green alternative applicable here as of yet.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Fraser Whineray: former Mercury CEO unveils potential solution to fix energy crisis

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3df8d550-6903-4f9e-9303-b34b0077d331/transcript