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Labour determined to re-instate oil and gas ban when it gets back into power

Author
Newstalk ZB,
Publish Date
Tue, 27 Aug 2024, 6:09pm
Photo / Jason Oxenham
Photo / Jason Oxenham

Labour determined to re-instate oil and gas ban when it gets back into power

Author
Newstalk ZB,
Publish Date
Tue, 27 Aug 2024, 6:09pm

Labour would re-instate a ban on oil and gas exploration if it got back into power.

The Government is reversing the ban, despite belief from opponents there's no reserves left to be found.

It also plans to make it easier import Liquefied Natural Gas, aiming to boost energy supplies.

Labour leader Chris Hipkins says New Zealand has an abundance of renewable electricity options that should be pushed.

"What this Government is doing - they're saying that they're going to go back to oil and gas. That's saying to renewable electricity producers that they don't think that's the way of the future. That sends the markets the wrong signal."

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