New Zealand bans new offshore oil exploration to tackle climate change

New Zealand bans new offshore oil exploration to tackle climate change

Ending new exploration permits for offshore oil and gas deposits uses the wrong tool for the right target, says the BusinessNZ Energy Council, a sub-group of Business New Zealand, the country's peak business lobby group.

"There are 31 oil and gas exploration permits now active, 22 are offshore". This has led to the biggest councils in New Zealand formally opposing the Block Offers.

It comes after there was a rock-star reception for the Prime Minister and Climate Change Minister as they spoke to hundreds students at Victoria University in Wellington about their plans for oil and gas exploration.

"As the industry itself admits, there is good potential for more to be found", Ms Ardern said. "I've seen that happen once in the 1980s and I don't want to see it happen again", Ardern said.

"These are starting steps to reducing fossil fuel exploration and production of oil and gas in our journey to reducing carbon emissions". The government will assist regions such as Taranaki in the transition, including investment in infrastructure and clean energy projects, she said.

The energy industry slammed the government for banning offshore exploration while environmentalists praised it.

The country's upstream petroleum association said it was "very disappointed in the government's decision to halt offshore Block Offers", adding that it was "likely to affect New Zealand's energy security and global reputation".

He also said it was an issue of energy security. It will put thousands of jobs at risk and do nothing to tackle climate change because production will simply move elsewhere in the world, the party said.

The Waiho Papa Moana Hikoi makes its way through the CBD towards the New Zealand Petroleum Summit at the Sky City Convention Centre where the protestors stand to oppose drilling for deep sea
Image Hundreds of people protested against drilling for deep sea oil in 2014

It will limit the 2018 offer of exploration permits to onshore acreage in the oil-rich province of Taranaki, she said, adding existing exploration and any future mining permits are unaffected by the decision.

The National Party's energy and climate change spokespeople, Jonathan Young and Todd Muller, described the government's decision as "economic vandalism" that would "ensure the demise of an industry that provides over 8000 high paying jobs and $2.5 billion for the economy".

"We note that the announcement is a sudden change of policy, which has not been consulted on and appears to conflict with the government's pre-election promises", it said in a statement.

But Regional Economic Development Minister Shane Jones said it was a "development opportunity", because existing permit holders would continue to be able to apply for extensions.

"We could be the Norway of the Pacific, but we have a government that's intent on turning us into the Nauru of the Pacific", she said.

Prime Minister Jacinda Ardern made the announcement today in what is being hailed by environmental groups as a significant turning point in the transition to a low-carbon economy.

It also said the move would mean "other countries will produce [oil] instead and we will have to import it at higher cost". "Confidence among both overseas and domestic investors may be the longer-term casualty of today's decision", said Hope.

Night owls have higher risk of dying sooner
One way to shift the behaviour is to ensure the exposure to light early in the morning but not at night, Knutson said. The night owls studied were also more likely to smoke, drink alcohol and coffee plus use illegal drugs.

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