Greens want to toughen gas ban

Photoshopped image credit: Pixy

We have written extensively about how the government’s oil and gas ban is a terrible policy. Not only does it destroy a profitable industry and decimate a whole region, but it has been poorly conceived, and as a result, the country’s energy security may well be at risk. We are an island nation and cannot just plug into someone else’s gas supply, as they do in Europe. This decision could be very costly indeed.

To demonstrate what economic saboteurs the Greens really are, they are not happy with any of this. They want more… and they want it now.

Newsroom reports: quote.

A supplementary order paper from Green MP Gareth Hughes threatens to rip the scab off the Government’s contentious ban on new offshore oil and gas exploration.

The Government announced an end to the issuing of exploration permits for offshore oil and gas exploration in April.

The ban did not affect existing permit holders, who were free to continue extracting oil and gas.

But as backlash mounted against the ban, the Government granted a significant concession to exploration companies.

Under the existing “use it or lose it” rules, companies that held an exploration permit would see their permit expire after four years if they had not started drilling. But in September, Energy Minister Megan Woods removed this requirement, meaning the 28 companies with unused exploration permits face no pressure to begin exploring.

Hughes has used a supplementary order paper (SOP) to try to overturn Woods’ decision. An SOP allows MPs to amend legislation that is currently before the House. end quote.

If you ever wanted evidence that the Greens just want to return us to the Stone Age, this is it. If we are seriously looking to transition to renewable energy resources (and many in the industry both accept and applaud this) then proper steps must be taken to ensure that the transition does not result in a loss of energy supply in the interim time period. It seems that gas will supply the means to carry out this transition well but not if Gareth Hughes has anything to do with it. quote.

But the proposal has come at an awkward time for the Government.

A perfect storm of catastrophes has exposed just how reliant New Zealand is on gas. Unseasonably cold weather and low water levels at the South Island’s hydro-lakes has meant electricity generators have had to use gas and coal.

Unfortunately, two outages at the Pohokura gas field and essential maintenance on the Maui pipeline has meant New Zealand’s gas resources haven’t been ready to pick up the slack left by depleted hydro-lakes. end quote.

Which means higher than usual power prices, of course. It also demonstrates how poorly prepared we are to transition away from traditional energy sources right now. quote.

This brief glimpse at what a life without gas holds for New Zealand means the Government is likely to continue treading softly when it comes to phasing out oil and gas. end quote.

Don’t bet on it. This government is an economic jihadist. They are too stupid and too ideological to recognise the damage they are doing, at least until it is too late but to think that this may cause a slowdown in the implementation of the ban is good news indeed. quote.

Hughes says the loophole means offshore drilling could continue indefinitely, defeating the purpose of the ban. He has called on Labour and New Zealand First to back him.

“The whole point of ending future offshore permits was to ensure a smooth transition away from fossil fuels. To extend existing permits defeats the purpose,” he said. end quote.

It was never going to be a smooth transition, and Hughes is either an idiot or a liar for saying this. The point of ending offshore permits was to virtue signal on Jacinda’s European trip and to send New Zealand into economic chaos. This is the endgame for the Greens.

I have noticed however that Jacinda is starting to pay just a small amount of attention to public opinion. In the early days, she was interested in listening to no one. Now she appears to be listening, if only occasionally, to advice. This tells me that Jacinda is turning into a true politician. Getting herself re-elected is more important than anything.

We on this blog do not want to see her re-elected but at least we can hope that we are not heading back to the Stone Age just yet.

Stone age

 


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Accountant. Boring. Loves tax. Needs to get out more. Loves the environment, but hates the Greens. Has been called a dinosaur. Wears it with pride.

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