Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Ironsands mining plan smells of a rort

Ironsands mining plan smells of a rort

Independent MP Brendan Horan welcomes the start of hearings where thousands of ordinary Kiwis get to voice their opposition to strip-mining the seabed for ironsand.

“Trans Tasman Resources is 98% foreign-owned and is seeking to mine iron sands from the ocean off Taranaki. At the Environmental Protection Agency hearing opening this morning, just 11 submitters are in favour out of 4,708 submissions in total

“Last week I asked Steven Joyce in Parliament how he could justify allowing a 98% foreign owned company to plunder minerals for a paltry $5 million a year in net royalties. In reality he had, he has, no justification at all

“The project does not make environmental or economic sense. The Government says there may be jobs but Labour Minister Simon Bridges refuses to have any requirement for local labour content, so any job from the project, if it is approved, could go to overseas workers..

“Trans Tasman Resources are going to be taking minerals straight from the seabed. These have accumulated over millions of years. The minerals will be shipped direct to foreign countries without touching New Zealand soil. This will provide little if any benefit for our country. The idea is abhorrent to most New Zealanders.

“Trans Tasman’s business case is great for them, and a disaster for New Zealand. Their own studies show that based on a small 2% royalty rate they estimate paying the Government around $10 million per year (US$8 million.) Yet Steven Joyce in January gave the company a solid gold handout, a ‘research and development’ grant of up to $5 million per year. That is going to cut in half the effective royalties payable.

“And the impact on the environment on the ocean, on the seabed, and on the fisheries will be significant. It is not theoretical, and is demonstrated by the documents on the EPA’s website.

“This proposal has so little benefit for New Zealand that it smells of an old-fashioned rort. I look forward to what is uncovered in the hearings process,” said Brendan Horan.
Ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Greens: Oil Drilling Face-Off With Labour

The plan is the second component of the Party’s environmental priority this election: Rivers clean enough to swim in again, and beaches safe from oil spills.

The Green Party loves New Zealand and will create a cleaner environment where our beaches remain open for swimming, not closed for oil spills.

The key policy points in the Green Party’s plan to protect our beaches from oil spills are to:
1. Prohibit deep sea oil drilling;
2. Implement compulsory shipping lanes for coastal shipping;
3. Build Maritime New Zealand’s oil spill response capability; and
4. Introduce a stronger legal framework so that when accidents do happen, the New Zealand taxpayer does not have to pay for the clean-up. More>>

 

Parliament Today:

Minister Told Of FBI Investigation, Says INZ: Coleman Must Quit Or Be Sacked Over Dotcom Case - Harré

Immigration New Zealand has done the right thing in distancing itself from Jonathan Coleman’s claims that ministers were not aware of FBI involvement in Kim Dotcom’s residency application, says the Internet Party. More>>

ALSO:

Valedictory Season: Maori Party Founders Say Goodbye

Two major Maori MPs gave there farewell speeches to Parliament Thursday outlining their history, experiences, triumphs and regrets. More>>

ALSO:

Resignation Not Accepted: Transport Minister Breaches Aviation Security Rules

"Running late for a plane at Christchurch Airport, I without thought breached airport and airline security rules by entering the gate lounge through a door usually used for exit only..." More>>

ALSO:

TAIC Report: Urgent Recommendations After Melling Rail Accident

The Transport Accident Investigation Commission has made four urgent recommendations to KiwiRail following the accident two months ago (27 May) when a Matangi passenger train collided with a stop block at Melling Station, Lower Hutt. More>>

ALSO:

Red Tape: Local Regulations Go Under Microscope

The Government says it is accepting nearly all of the recommendations the Productivity Commission has made on ways to improve local regulations. More>>

ALSO:

Spending Questions: Claudette Hauiti To Step Aside At Election

National Party President Peter Goodfellow confirms that he has received notification from List MP Claudette Hauiti that she plans to step aside at the 20 September election. More>>

ALSO:

EPA: Board Of Inquiry Rejects Basin Flyover By Majority Of 3 To 1

The independent Board of Inquiry delegated to decide on the Basin Bridge Proposal has, by a majority decision (3 to 1), cancelled the Transport Agency’s Notice of Requirement and declined its resource consent applications for the construction, operation and maintenance of a flyover on State Highway 1 in Wellington City... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news