Why the Government's $200m gas move marks a major shift in energy policy

Could Shane Jones’ love of gas put NZ’s trade deals at risk?

The Government plans to invest $200 million into new gas projects, sparking criticism from the Greens that they’re putting trade deals at risk.

Gas industry could get far more than $200m if deals keep flowing – Jones

Billion-dollar oil rigs would be eligible for an immediate 20 percent refund from the Government under the new Investment Boost policy, Shane Jones said The post Gas industry could get far more than $200m if deals keep flowing – Jones appeared first on Newsroom.

Why the Government's $200m gas move marks a major shift in energy policy

An energy industry group says the Government’s plan to invest in New Zealand gas exploration sends a strong signal. In the Budget, the Government said it...

Government Pours Gas On The Climate Crisis Fire

The Government is setting $200 million of our public money on fire to support fossil fuel executives' profit, handing a lifeline to a sunset industry, instead of investing in real, resilient, renewable energy.

$200m set aside for Crown stake in new gas fields

The coalition Government is taking action on New Zealand’s declining natural gas reserves and has set aside a tagged contingency of $200 million over four years for co‑investment in new gas fields, Resources Minister Shane Jones says. The structure of investments is still being worked through, but this signals a willingness, subject to Cabinet consideration, for the Crown to take a commercial stake of up to 10-15 per cent in new gas field develo…