30 August 2011 Press release for immediate use
Coal and petroleum key part of NZ's energy future – Straterra
The Government's energy strategy charts the right path for New Zealand, Straterra says. Straterra CEO Chris Baker was
commenting today on the announcement today by Acting- Minister of Energy and Resources Hon Hekia Parata of the New
Zealand Energy Strategy. Mr Baker said the pursuit of renewable energy is important, and it is equally important to
recognize the ongoing role of oil and gas and coal in the economy and for investment in ongoing growth of the economy.
"New Zealand needs investment in the resource and other sectors and this strategy provides the right framework and sends
the right signals to attract that investment."
"The only sensible energy path for us is to view coal, oil and gas for what they are which is that they are essential to
New Zealand, now and for time to come. That being the case, we need to find the best way of using these energy sources
in a responsible way."
"To that end, carbon capture and storage technologies will be essential for mitigating greenhouse gas emissions from
fossil fuels. Their research and development will be crucial to the implementation of the energy strategy," Mr Baker
said.
ends