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POLICY

New Zealand ends offshore exploration

YESTERDAY the New Zealand parliament passed the Crown Minerals (Petroleum) Amendment Act, banning new permits for offshore oil and gas exploration as the left-wing Jacinda Ardern government looks to cut the country's reliance on fossil fuels and cut emissions which cause global warming.

paul hunt
New Zealand prime minister Jacinda Ardern first flagged further regulation on the oil and gas industry last year when she announced the government would no longer be granting offshore exploration permits.

New Zealand prime minister Jacinda Ardern first flagged further regulation on the oil and gas industry last year when she announced the government would no longer be granting offshore exploration permits.

  The controversial bill passed 63 votes for, and 55 votes against at the third reading of the proposed legislation, however the National Party has sworn to reverse the ban which they claim was "rammed...

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