9 Nov 2022

Government takes aim at fuel prices, delays biofuel mandate

From Midday Report, 12:12 pm on 9 November 2022

The Commerce Commission is getting the power to step in to stop petrol companies price gouging.

And, as low-lying island states demand forceful immediate action at the COP27 climate change conference, the government shifts the goalposts on introducing a biofuel mandate for fuel companies.

The energy and resources minister Megan Woods says that's because of worries extra costs would be passed to consumers.

Z Energy's chief executive Mike Bennetts spoke with Jimmy Ellingham