"The rapid decline in oil production and exports under the current government confirms that National's oil drilling obsession has been an economic and environmental failure, Green Party Co-leader Dr Russel Norman said today.
Oil production in New Zealand has fallen by 40% and oil export revenue by 47% under the current government, which is paying $45 million a year in subsidies to the fossil fuel industry.
"National's oil drilling obsession has been an economic and environmental failure," said Dr Norman.
National's oil drilling obsession has been an economic and environmental failure
"For six years, National has lavished taxpayer subsidies on the oil industry and changed laws at the whim of drilling companies. But New Zealand has gained nothing in return.
"The riches promised by John Key and Steven Joyce have failed to materialise. Oil production has fallen by 40% and oil export revenue has been cut in half."
That's interesting. There's more...
No comments:
Post a Comment