Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


NZ taxpayers fund planned habitat destruction

NZ taxpayers fund planned habitat destruction by foreign-owned company

16 January 2014

Kiwis Against Seabed Mining today challenged the Government’s decision to give seabed mining company Trans Tasman Resources up to $5million a year under a ‘high tech’ grant scheme.

The grants, announced this week by Science and Innovation Minister Steven Joyce, are to encourage business innovation and growth for New Zealand companies.

Trans Tasman Resources has applied for a marine consent to mine ironsands off the South Taranaki Bight.  However, TTR is largely foreign-owned, not listed on the NZX exchange, and it only has two New Zealand directors:  its CEO Tim Crossley and former National Party leader Jenny Shipley.

“Why is the Government using taxpayer money to give a largely foreign-owned company an up to $5million annual grant,” asked Phil McCabe, chairperson of Kiwis Against Seabed Mining.

“TTR’s proposal guarantees large-scale marine habitat destruction in an ecologically sensitive area and would deliver low returns for our economy.  There is no reason for the Government to back this business.

McCabe also questioned the Government’s definition of ‘high tech.’

“The Government has a twisted sense of what is ‘high tech’ if it includes an operation that is simply digging up raw material from the sea bed and selling it overseas.”

Public submissions against TTR’s application for a marine licence are open until January 28,  extended after the Environmental Protection Agency failed to post the application onto its website in late November.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Election Day: Make Sure You're A Part Of It!

Saturday 20 September, is election day, and New Zealanders’ last chance to have a say on who leads the country for the next three years.

“The people and parties we elect tomorrow will be making the decisions that affect us, our families and our communities,” says Robert Peden, Chief Electoral Officer. “It doesn’t get much more important than that, and we need all New Zealanders to use their voice and vote.”

Voting places will be open from 9.00am until 7.00pm on election day. The busiest time at voting places is usually 9.00am - 11.00am.

“Take your EasyVote card with you when you go to vote, as it will make voting faster and easier, and vote close to home if you can. But don’t worry if you forget your card, or didn’t receive one, because as long as you are enrolled to vote, your voice will be heard,” says Mr Peden. More>>

 

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news