MAC/20: Mines and Communities

The following judgment was delivered on Comalco by the "Roger Award" panel selecting "

Published by MAC on 2004-02-19

The following judgment was delivered on Comalco by the "Roger Award" panel selecting "the worst transnational operatingi in Aotearoa/New Zealand) in 2003:

"Comalco takes 15% of New Zealand’s electricity at a very cheap and secretive rate. They continue to milk our power supply, despite power shortages. Their long-term contract at a fixed price was made in 1961 and still has 22 years to run! During 2003, Comalco campaigned for an exemption from its $25 million share of a levy for electricity supply in New Zealand in “dry years”. Such freeloading is an abuse of its privileged position and displays an arrogant disregard for ordinary consumers who subsidise their cheap power".

Source: www.cafca.org.nz

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