Over the last three years, our current incompetent government has been running New Zealand into an artificial recession. But they keep blaming the previous government, especially on the oil and gas exploration ban. So over three years how have they done to realise active exploration? Not much. So we now have a typical Shane Jones face saving announcement, typically squandering taxpayers money again.
National proposed building a liquefied natural gas (LNG) terminal at Port Taranaki. Ostensibly for dry year support for the electricity generators. National were planning to have this signed up before the election. Act and NZ First appear to have quashed that. The outrage of consumers to being taxed yet again by the National government for their piss-poor 1990s energy management broke through?
Gamble Big’ rather than ‘Think Big’ should be this National Government’s mantra.Opening up huge areas of our land and territorial waters for open slather oil and gas exploration is a gamble on so many levels. When many countries like Denmark are actively chasing a sustainable, clean energy future, this government is throwing all its hopes on a big strike of fossil fuel.
One of the more irritating traits of National politicians is their bone-headed and short-term obsession about being rentiers selling raw and lightly processed […]
Net benefit of hosting the Rugby World Cup $280m over 7 weeks ($780m tourist spending minus $500m investment and operating losses). Cost of an 8cm welding crack in the Maui pipeline: $350m after 2 days. Guess it pays to mind the small stuff. Least it didn’t happen during the Cup when Auckland was chocka with tourists.
When the Tui oil-field was opened last year, the operators (AWE New Zealand, 87.5% foreign-owned, ironically) were given permission to burn off 10 […]
As the price of our petrol continues to climb, having recently crossed the $2 a litre barrier, spare a thought for some US […]
