National vow to reverse 'rammed through' ban on new offshore oil and gas exploration permits | 1 NEW
National are vowing to reverse the Government's "rammed through" ban on new offshore oil and gas exploration permits.
Source: Te Karere
Energy spokesperson Jonathan Young said it was "a dark day for the energy sector", after the Crown Minerals Amendment Bill passed its Third Reading in Parliament last night.
"The next National Government will consult widely on a planned, effective and smooth reduction of emissions to agreed levels," Mr Young said.
"The transition will embrace new technologies, and have measurable environmental and economic outcomes. In areas where technology like batteries arent immediately suitable, natural gas is likely to be an important fuel during our energy transition."
The Prime Minister says its an important step in addressing climate change. Source: 1 NEWS
However, the bill was said by Energy Minister Megan Woods to be a "transition away from a reliance on fossil fuels, and towards affordable, renewable electricity and energy".
She said the bill would not end oil and gas exploration overnight or halt existing production.
"Climate is this generation's nuclear-free moment, our chance to make a stand, draw a line in the sand, and lead the world once a....