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

 

Spy Update: Appointment Of GCSB Acting Director

GCSB Chief Legal Advisor Lisa Fong will become the Acting Director of the Government Communications Security Bureau (GCSB) from 15 February 2016, Minister Responsible for the GCSB Christopher Finlayson announced today. More>>

Protests Close Roads: TPP Signed In Auckland

“TPP was signed by Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Viet Nam.” More>>

ALSO:

Emails Behind 'Diplomatic Immunity' Case: Whitehead Report Released

“As previously indicated the conclusions reached by Mr Whitehead’s investigation are not unexpected but they are very disappointing,” Mr Mccully says. “At the heart of the matter is a single email, along with procedural shortcomings, which gave Malaysian officials the impression it would be acceptable for Mr Rizalman to return to Malaysia." More>>

ALSO:

Gordon Campbell: On The Treaty/TPP Overlap, And Iowa

The fears about the ISDS provisions in the Trans Pacific Partnership deal are well-founded. The reality is that there is a sharp uptick in the occurrence of ISDS litigation in developed countries, and even the right wing likes of The Economist have been souring on the process for some time. More>>

ALSO:

Christchurch Red Zone Offers: Fresh High Court Proceedings

Grant Cameron, Solicitor for the Quake Outcasts said “the action seeks judicial review of the Crown’s recent decision to make a fresh offer to purchase properties from uninsured property owners in red zones. More>>

ALSO:

PM's Post-Cabinet Press Conference: Waitangi And TPP

Prime Minister John Key on Tuesday said his office has received an invitation for him to visit the Lower Marae on Waitangi Day, but was waiting for a meeting of the Te Tii Marae Trustees. More>>

ALSO:

Flagged: 'Wrong Colour' Bridge Flag To Change

NZ First: Only 13 days after National trumpeted its legally questionable flag on Auckland Harbour Bridge, it is now coming down because it is the wrong colour... “Mr Key’s latest flag fiasco is another waste of taxpayers' money. Given it is coming down, down is exactly the location where it should remain. More>>

ALSO:

School's In: Children Head Back To School

“Across the whole of this year we expect 61,820 five year olds will begin their primary schooling for the first time,” says the Ministry of Education head of sector enablement and support Katrina Casey. More>>

ALSO:

Dog & Lemon: FBI Disagrees With NZ Government Over Police Chases

Multiple studies, quoted by the FBI, show that once suspects realise they're no longer being chased; they tend to slow down to normal driving speeds and therefore become far less of a risk. The FBI report also categorically rejected the argument that abandoning police chases meant ‘giving in’ to offenders. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news