When National halted research into the $16 billion scheme two and a half years ago, Kaikoura MP Stuart Smith told Newsroom that if the project was viable, private enterprise would build it.
Instead of us owning it, they gave it to "large global entities" so we can rent it back from them, forever.
The Lake Onslow project could actually get us much, much closer to 100% renewables. It's sad to see it being thatchered out to the highest bidder.
I think National just wanted the headline of "undo everything Labour did" and it came at a great cost to future generations.