Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Anadarko Oil Fail is Government’s Economic Flop

PRESS RELEASE

12 March 2014


Anadarko Oil Fail is Government’s Economic Flop

Greenpeace says the reported failure of Texan company Anadarko to find oil off both the Raglan and Otago coasts confirms the Government needs to stop supporting foreign oil companies and start backing our local clean energy industry.

“If its correct they have failed to find oil for a second time there are many who will open a Speights tonight in celebration of the news that Texan oil company Anadarko are about to batten the hatches and get out of here.” said Greenpeace campaigner Steve Abel.

“People in Dunedin, Kaikoura and Banks Peninsula will be breathing a sigh of relief that oil isn’t about to hit the beaches where their kids swim. While Anadarko’s shareholders must be asking, “Why are you wasting hundreds of millions drilling dry wells in New Zealand?”

“The Government should give up its manic pursuit of deepsea oil drilling off our coasts. Backing such a dirty industry is at odds with everything we stand for as a country - meanwhile the clean energy sector is booming globally. This is where New Zealand belongs - backing clean energy,” said Abel.

The New Zealand government is subsidising the oil and gas industry by $46 million dollars annually. (1) The National-led government has significantly increased its support for oil and gas through indirect subsidies such as taxbreaks and support for exploration data and research - up from $6 million in 2009 to $46 million in 2013.

Greenpeace Policy Advisor Nathan Argent said “Deepsea oil drilling is a risk to both our environment and economy. 50% of jobs in New Zealand rely on our clean green reputation and 70% of exports rely on New Zealand’s clean green reputation.”

“The Government needs to get behind our clean energy experts, especially in the areas of R&D and public funding. We need to create the right framework so that businesses in New Zealand know the government is serious about creating jobs, rebuilding our economy and reducing pollution. And the only way they can do that is by choosing a clean energy path.”

“It’s time for New Zealanders to get excited about our future. But we need to hurry up and get on board the clean tech train before we're left behind at fossil fuel station.”

END

1. http://awsassets.wwfnz.panda.org/downloads/wwf_fossil_fuel_finance_nz_subsidies_report.pdf

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news