The Resource Minister is pushing back on criticism of his party's bill, which aims to stop 'woke', environmentally informed bank service withdrawals.
A Massey University banking expert says the bill doesn't account for the commercial risks of lending to groups such as mining companies.
Resource Minister Shane Jones told Mike Hosking banks have to assess credit worthiness, but the current situation is problematic.
He asks when it became the banks’ job to ascertain the emissions problem of each cow, and how often businesses should be shut down by these luxury beliefs.
Jones says Massey University banking experts are disciples of woke-ism.
NZ First has faith they have the backing to support their bill if it gets pulled from the biscuit tin.
Jones says they have the support in two ways.
Firstly, through his ability to gut the energy settings for New Zealand's power sector, and secondly through his belief Labour has realised they went too far when it comes to climate hysteria.
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