Early Edition with Kate Hawkesby

Ryan Bridge: Energy security will be hot this election

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Sinopsis

Energy security is shaping up to be the hottest item on this year's election agenda, and with good reason.  Ask any business who's about to renew an energy contract, any transport business who's battling the price of diesel, or any factory or mill thinking about mass layoffs and shutting up shop.  In Hawke's Bay, CEOs are organising an energy summit in June. Their business leaders voted energy as their top concern.  Bombing in the Middle East might be in pause, bar Beirut, but the energy price battle is far from over. And it’s time for our politicians to put their swords down and agree on a long term energy strategy that addresses the new world we’re living in.  Post ceasefire, oil is still more than 30% more expensive than it was before the war. Gas is 40% higher.  There’s a piece in The Economist, well worth a read, that sets out the problem well. Infrastructure's been damaged and takes time to repair. When the tankers start moving, the insurance premiums will cost an arm and leg. T