MAJURO, 11 MAY 2026 (RNZ PACIFIC)—One of the biggest electricity increases in the history of the Marshalls Energy Company was implemented last week – the first of a two-step tariff increase. Power charges rose by six cents per kilowatt hour (kWh) across the board for government, business and residential. On 18 May, the price will […]
Tag: Pacific energy crisis
Posted inPacific News
Forum Leaders invoke Biketawa Declaration
SUVA, 11 MAY 2026 (PIS)— Pacific Islands Forum Leaders have invoked the Biketawa Declaration to support a coordinated regional response to the emerging energy crisis affecting the Pacific region. Reaffirming Leaders commitment to act decisively and collectively in anticipation of worsening global conditions as the crisis in the Middle-East continues to disrupt fuel supply chains, […]
Posted inPacific News
Marshall Islands government slashes income tax as living costs skyrocket
MAJURO, 20 MARCH 2026 (MARSHALL ISLANDS JOURNAL/RNZ PACIFIC) — The Marshall Islands parliament this week endorsed legislation reducing income taxes for all working people in the country in a move to mitigate to some degree the soaring costs of living. Bill 103, introduced by Finance Minister David Paul earlier this week, exempts the first US$8320 […]
Posted inPacific News
A global energy crisis’: Fuel price hike looms for Pacific amid Middle East conflict
SYDNEY, 04 MARCH 2026 (RNZ PACIFIC) — Analysts are warning fuel prices are expected to jump in the Pacific following the Israeli and U.S attacks on Iran, and the subsequent response by Iran. Iran borders the Strait of Hormuz, which carries 20 percent of the world’s oil and gas supply, and shipments have been suspended […]