Rachel Stewart has once again proven why she is this country’s best columnist (it is so weird that she wasn’t included in this years media awards yet an over rated mummy blogger and Ben Mack eye-rollingly were) with this damning indictment on the NZ oil Industry...
I don’t know which is more laughable. The Opposition’s wilful ignorance of why fossil fuels need to stay in the ground, or the oil and gas industry’s plaintive cries about not being consulted by the Government on the halting of offshore permits?
The National Party’s default position has been to accuse the Government of economic ignorance, while also trying hard to claim that the Block Offer decision had nothing at all to do with the Paris Agreement.
Bottom line? The world has to wean itself off fossil fuels. This is not some lovely aspiration; it’s a non-negotiable fact. The Government’s move is more about price signalling than virtue signalling.
…one point in particular deserves special attention…
And let’s not forget who New Zealand Oil & Gas is. They were a driving force in the creation of Pike River Mine, and still owned a third when it exploded. In 2013, 99 per cent of NZOG shareholders voted against a payout of $3.4 million dollars in reparations to the families of the miners killed.
…that’s right, the industry whining that they weren’t consulted over Labour’s decision to end their future speculation are the same ones who were responsible for Pike River and voted to give the families they murdered nothing.
Fuck NZ Oil & Gas! The sooner we rid this country of them and move towards sustainable energy, the better.
Well said, Fuck them.
Oil and gas deserve to be punished for what they did at Pike River. Sounds like there are bodies down there, 7 years no bodies taken out.
Even countries who supposedly have worse human rights than NZ, bother to try to rescue miners – the place was a death trap and nobody has been jailed for it or their non existent rescue. Meanwhile some poor small business with a tree down will be being harassed by workplace safety while the big firms get away with blatant death traps.
The way Pike River bosses handed it over to the public sector (police) to organise and washed their hands of it, while not even attempting a rescue in spite of people offering to go in and do their rescue for them. Who knows how long the NZ miners were trapped before they died hoping for a rescue. Disgusting!
Then to refuse to pay out the families a measly sum, just shows what vermin the industry is.
The FF industries knew 30-40 years ago of their impact on climate change and funded disinformation.
Their time is up.
Yes Martyn
New Zealand Oil & Gas had the Mayor of Taranaki crying crocodile tears the other day. I wonder whether he too would send 30 miners down an unregulated dud mine? You cannot ever trust NZOG. Never ever.
But what about the scum Shareholders, 99% of whom voted against a payout $3.4 million to families of the miners killed.
In my view, Shareholders should be responsible for the health and safety of any staff, and any debt that a business incurs. Murdering 29 Miners and not paying out a single $cent is a moral crime.
What about the compliant Police – who sacrifice their noble badge and genuflect to the likes of a John key. Have they been before a Court over the Pike River Mine?
Nothing local government in Taranaki say about the fossil industry should be given any more weight that PR coming directly from the oil and gas companies. Taranaki local bodies have a total conflict of interest as both regulator and financial beneficiary of the industry, due to their ownership shares in the local port etc. This is part of the problem.
Fuck NZ Oil & Gas! The sooner we rid this country of them and move towards sustainable energy, the better.
Totally agree.
New Zealand does not need Capitalism
It is a chain around our necks – and around our ankles. We have grown to hate the wealthy of NZ. They stink with stench !
We have an opportunity to get rid of Capitalists such as John key and Billy English – both of whom have stated they despise NZ Youth.
Lets redesign Shareholders. Easy peasy.
Lets ask Fletcher’s how they stuff up like little kids ? the shits.
Lets ask Fonterra if they are going to flog their milk off at excessive prices, while the CEO grabs 8.32 million dollars for one years “work”.
Lets’ get the farmers to do what ordinary people do – that is – stand on their own feet and not whinge and cry and bleat and hold their greasy hands out to the Government.
We do not need Capitalists. They have shown they are utterly useless. Year after year.
One of the reasons the oil industry is fearful of this decision is that, despite there being plenty of fields already available use in the future, the industry needs future projected value to prop up the shares of the companies. No one wants to buy shares in a company that has a limited future as this will be increasingly be priced into the value of its shares as time progresses
Yeah yeah and YEAH, to all above comments, esp the one about the farmers whose farming practices are ruining our soil, by the cruel practice of allowing the animals eat the grass away to the mud and poisoning our waterways with runoff and silt from the bare land. I am sorry that they are permitted by the banks to get so far and hopelessly in debt that they top themselves, but its the despair of the over indulged. The whole system is bankrupt, and maybe just maybe this government will be able to get policies in motion that will change these terrible industries before complete.collapse does it instead….
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