A few months ago, the Government said New Zealanders could end up helping fund a new LNG import terminal through their power bills. Now it's changed its mind.
As of today, the customer levy is gone, but the plan to import liquefied natural gas as a backup for dry years is still very much alive.
So why the backdown and who ultimately will end up paying?
And with LNG now being described as the fastest and most flexible option available by 2028, is this the best solution for New Zealand's dry-year problem, or just the quickest one on the table?
Today we're joined by New Zealand Herald senior correspondent Katie Bradford to discuss the politics, economics and energy security questions behind one of the Government's biggest infrastructure bets.
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