Govt's energy strategy under fire - TVNZ

By
Viraj
on August 30, 2011 11:13 AM | | TrackBacks (0)
The Government today released its energy strategy which claims deep sea drilling off New Zealand's coast will bring in jobs and billions of dollars.

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While many fear an oil disaster could damage New Zealand's clean, green image, the Government says it is worth the risk. "We know we have significant oil gas and mineral potential, we know that brings significant wealth," said Acting Energy and Resources Minister Hekia Parata. It claims that figure could quadruple in the future with more drilling. "That could increase to $12.7 billion with future discoveries, which would help pay for schools, hospitals, broadband and roads," Parata said.

Govt's energy strategy under fire - TVNZ

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This page contains a single entry by Viraj published on August 30, 2011 11:13 AM.

Michele Bachmann Would Drill for Oil and Gas in the Everglades - Sunshine State News was the previous entry in this blog.

ONGC invests Rs 24890cr to develop marginal oil, gas field - Moneycontrol.com is the next entry in this blog.

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