"... a loan from the government is just creating a pair of matching asset and debt entries in the government books, and costs nothing."
@norightturnnz, 2026
https://norightturn.blogspot.com/2026/03/the-right-solution-for-wrong-problem.html
Which is why governments ought to hand out loans like candy to anyone with a realistic proposal to build something socially useful, which can't be removed from Aotearoa once its built. Anything from electric rail and shipping infrastructure, to social housing providers in areas short on affordable housing.
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Instead of handing out public subsidies to offshore-owned corporations as if they're cars on the Oprah show (you get a subsidy, and you get a subsidy, every corporation gets a subsidy!). Creating a public debt future generations have to service, while often creating nothing socially useful at all;
https://www.democracyproject.org.nz/p/rio-tinto-nz-aluminium-smelter
The NatACTs are the worst for this, but Labour are hardly immune. They gave Rio Tinto free public money to keep the aluminum smelter open too;
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This might be one of those rare occasions though where I disagree with @norightturnnz and agree with the NatACTs (*shudder*). I accept that the Clean Car Discount (CCD) was the best policy, when evaluated against the criteria used in their piece. But here's a few things I think that analysis misses;
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1) The CCD was a subsidy for private vehicles. 80% loans for buying EVs would make more sense, for all the reasons given in the piece.
2) The charger network policy is a subsidy for common infrastructure, owned by 51% public-owned energy companies. Which in a sensible world, a future green-left government will split into 100% public-owned generation/ charging utilities, and companies owning the retail etc, which the 49% non-public shareholders can have their shares in (maybe, I guess).
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3) Home charging is a great solution when using EVs for commuting. As is charging points at where they're commuting to, the likelihood of which could be boosted with these subsidies
4) Range anxiety is still an issue for leaving the beaten track around the major cities, and driving EVs in most of the country. The current charging network;
https://www.plugshare.com/map/new-zealand
... wouldn't cope with the 10-fold or more increase in rural EV use we might hope for. Are subsidies targeted there though? 🤷♂️