Government will ram through multi-billion gas project that will make climate change worse

The Luxon Government’s proposed $1 billion LNG import terminal is being sold as an energy security solution. Critics argue it is corporate welfare for fossil fuel interests that will increase emissions, raise electricity prices and lock New Zealand into long-term climate damage.

A $1 Billion LNG Terminal Framed as “Energy Security”

We are in such crazy territory now.

A massive $1b corporate welfare deal for the Gas industry to produce more climate changing emissions has been framed as a ‘solution’???

Just so we are clear, we will pay for an expensive Gas Plant to aid the four big power providers to avoid real investment into sustainable energy by taxing us to create MORE climate change emissions that will continue to dangerously warm the planet while extreme weather events hit us???

That’s the solution???

Just so we are clear:

Greenpeace: LNG Import Terminal Is Dirty, Dumb and Expensive

Just so we are clear:

LNG terminal decision is dirty, dumb and expensive – Greenpeace

Greenpeace is slamming the Luxon government’s announcement it will build a liquid natural gas (LNG) import terminal, calling it a dirty, dumb and expensive decision that will leave New Zealanders subsidising more climate pollution through higher electricity bills.

The decision comes despite the expected high cost and high emission intensity of imported LNG. Building the LNG terminal is expected to cost $1 billion, while the cost of imported LNG is expected to be around twice as much per gigajoule as gas from existing onshore reserves.

Officials Warn Gas Crisis Damage Is Already Locked In

Just so we are clear:

Most economic damage from gas crisis ‘locked in’, officials warn

Big industrials are slated to close or switch off gas whether the proposed LNG terminal goes ahead or not, new modelling has found

Newsroom

Matthew Hooton Questions the Economics of the LNG Deal

Just so we are clear;

Luxon has done a poor job of selling $1b LNG terminal and India trade deal – Matthew Hooton

Global industry analysts wonder whether New Zealand is being scammed by offshore gas producers, who seem to have successfully convinced Watts, Luxon and MBIE bureaucrats to build an over-specced plant that is really about them securing a 365-days-a-year market in New Zealand.

If Methanex closes, there may be a surplus of gas in New Zealand anyway. Perhaps the new plant is really about subsidising Methanex and protecting the profits of the majority-Government-owned gentailers?

NZ Herald

Corporate Welfare Disguised as Energy Policy

Hooton nails it like he always does. This is a giant corporate welfare deal for the Gas industry that seems to have conned the Minister and the Prime Minister.

This makes no economic sense, no long term planning, while cost us directly while energy prices continue to rise and creating more climate change emissions as we get slammed by extreme weather created by that global warming!

It’s like if you took all the wrong moves and put it into one giant deal.

The fact Watts and Luxon are lying directly to our faces over it being a tax or levy is an embarrassment.

The fact Watts and Luxon are claiming it will only cost $1billion is an embarrassment.

The fact this will all be an expensive cost that will only make things worse is an embarrassment.

You Right Wing Hate Trolls are the first to scream ‘trougher’ for any public spending yet are silent like frightened mice over this fiasco!

Don’t dare lecture the Left about economy mis-management again!

The question isn’t whether New Zealand needs energy security. The question is whether we secure it by doubling down on fossil fuels, higher emissions and corporate subsidies — or by investing properly in renewables, resilience and a climate-safe future.