INDEPENDENT NEWS

Ending offshore exploration is lose-lose

Published: Thu 12 Apr 2018 10:47 AM
Ending offshore exploration is lose-lose
“The Government’s decision to end offshore oil and gas exploration will put 11,000 jobs at risk and could harm the environment”, says ACT Leader David Seymour.
“The oil and gas industry creates thousands of jobs, contributes $2.5 billion to the New Zealand economy and $500 million to the Government in royalties each year.
“Not only will this policy make us poorer as a country, it will drive production of oil and gas overseas which will harm the environment.
“Natural gas has about half the emissions of coal, and New Zealand-produced oil has lower emissions than oil produced overseas
“Ending offshore exploration will force New Zealand households and firms to buy higher-cost and dirtier energy from foreign sources.
“This is another example of Jacinda Ardern governing by what sounds good without asking the questions ‘will this policy work’ and ‘what will be the side effects’?
“This is a dangerous and arrogant government that will destroy wealth and opportunity without warning - no sector is safe.
“This is a lose-lose policy and the Government should consider very carefully how it will impact New Zealanders”, says Mr Seymour.

Next in New Zealand politics

ALRANZ Congratulates Ireland
By: ALRANZ
Expert Group established on welfare system improvements
By: New Zealand Government
Phil Twyford’s CAA responsibilities transferred
By: New Zealand Government
Climate Change - Technical Group calls for urgent action
By: New Zealand Government
Fishing industry lies revealed in leaked report
By: RNZ
VCs at risk of opting out of government’s vision
By: Tertiary Education Union
Independent Panel makes recommendations on MECA agreement
By: Ministry of Health
Abortion views in NZ yet 'to be put to the test'
By: RNZ
'The regime we have for abortion is working well' - Bridges
By: RNZ
Ireland's Repeal the 8th Vote
By: National Abortion Federation
ALRANZ Wishes Ireland a Successful Repeal of the 8th
By: ALRANZ
Te Aka Kōrero No. 7 - News from the Law Commission
By: Law Commission
Govt Pushes Abortion Over Weightier Law Commission Issues
By: Family First
The Nation: Children's Commissioner Judge Andrew Becroft
By: The Nation
Govt side-lining select committee process
By: New Zealand National Party
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media