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Nationwide power failures from an overextended grid, rising demand, and bad weather can be reduced by encouraging household self-reliance through solar power, but improved regulation of the solar installation industry is sorely needed. More

Digitl: Extreme Weather Trims Chorus Result
Chorus reported a 60% drop in full-year net profit at $25M, down from $64M a year ago. Part of that can be attributed to $10M one-off costs that hit the company following the extreme weather earlier this year. More

Edith Muthoni:
Cryptocurrency Cybercrime

While the crypto industry has achieved significant success in recent years, it’s still facing multiple security issues, including infrastructure attacks and code exploits. 2022 saw the most crypto attacks so far, with almost 90% of digital assets stolen & about $2T speculated to have been lost to hackers. More
A Christchurch meat business and its owners have been fined $84,500 for the illegal sale of unregulated meat through butcher shops. Canterbury Homekill Services owners Noel Womersley and Halena Hitchcock were sentenced in the Christchurch District Court on multiple charges under the Animal Products Act. More

Federated Farmers: Tough Times Ahead
Two weeks ago, farmers were looking at a midpoint of $8/kg MS, but prices have rapidly deteriorated & we’re now looking at $6.75, a significant drop which means that, on average, farmers will be losing at least 76 cents on every Kg/MS they produce this season. More

Reynard Loki: Food System The Bullseye For Solving Climate Challenges
According to the EPA, the agriculture sector is responsible for 10% of total US greenhouse gas emissions. However, according to Peter Lehner of EarthJustice this estimate is “almost certainly significantly quite low. Most other studies say that agriculture contributes closer to 15-20% or more of world greenhouse gas emissions.” More