Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More
Parliament

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

 

Anadarko’s oil strike-out highlights need for clean energy

Anadarko’s oil strike-out highlights need for clean energy investment

The Government needs to abandon their failing deep sea drilling plans and focus on a clean energy economy for New Zealand, the Green Party said today.

The Green Party was responding to reports that Texan oil giant Anadarko failed to find commercially viable oil in the Deepwater Canterbury Basin off the Otago coast and will not be drilling another well.

“National's deep sea drilling plans are failing, it’s time they focused on clean energy, green-tech and IT which will actually deliver jobs and regional economic development,” said Green Party energy spokesperson Gareth Hughes.

“Rolling out the red carpet and subsidising the wealthy oil industry while ignoring clean energy jobs, as the National Government has done, is not smart economic plan for New Zealand.

“Andarko is leaving empty handed and this highlights pinning hopes on oil is a failed economic strategy and we’d be better to invest in a clean energy economy.

“The Green Party in Government would look to provide leadership to industries like clean energy and IT that, in the long-term, we know will be good for the environment and economy.

“New Zealand has a huge opportunity in the clean energy sector which could be worth billions of dollars annually.

“The Government’s $46 million exploration subsidy to the oil drilling industry last year could have built a lot of solar panels.

“Solutions like the Green Party’s Solar Homes initiative will create jobs and give families a break from rising power bills,” said Mr Hughes.

Ends

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On The US Opposition To Mortgage Interest Deductibility For Landlords


Should landlords be able to deduct the interest on the loans they take out to bankroll their property speculation? The US Senate Budget Committee and Bloomberg News don't think this is a good idea, for reasons set out below. Regardless, our coalition government has been burning through a ton of political capital by giving landlords a huge $2.9 billion tax break via interest deductibility, while still preaching the need for austerity to the disabled, and to everyone else...
More


 
 

Government: Concerns Conveyed To China Over Cyber Activity
Foreign Minister Winston Peters has confirmed New Zealand’s concerns about cyber activity have been conveyed directly to the Chinese Government. “The Prime Minister and Minister Collins have expressed concerns today about malicious cyber activity... More

ALSO:


Government: GDP Decline Reinforces Government’s Fiscal Plan

Declining GDP for the December quarter reinforces the importance of restoring fiscal discipline to public spending and driving more economic growth, Finance Minister Nicola Willis says... More

ALSO:


Government: Humanitarian Support For Gaza & West Bank

Winston Peters has announced NZ is providing a further $5M to respond to the extreme humanitarian need in Gaza and the West Bank. “The impact of the Israel-Hamas conflict on civilians is absolutely appalling," he said... More


Government: New High Court Judge Appointed

Judith Collins has announced the appointment of Wellington Barrister Jason Scott McHerron as a High Court Judge. Justice McHerron graduated from the University of Otago with a BA in English Literature in 1994 and an LLB in 1996... More

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.