This year, the block offer proposes opening more than 500,000 square kilometers to onshore and offshore drilling and mining. That’s bigger than Spain!
Chief Investment Officer for AMP Capital Investors, Keith Poore, has said today that crashing prices for coal and oil could present attractive buying opportunities for investors who want to make money from a fossil fuel industry that is destroying our climate. There’s money to be made by gaming climate change. Back in the real world, […]
New York City is going the way of California, Vermont, Massachusetts, and Connecticut by moving to divest from coal and reconsidering its investments in oil and gas. New York City Mayor Bill de Blasio this week called on his city’s $160 billion pension fund to divest from coal. Divesting from coal posed little risk to […]
A fuel spill that has coated at least one shag in oil and marred Tauranga Harbour shows how damaging offshore oil and gas exploration could be to the environment. At least one shag has been found with its body coated in oil from the spill, and teams have been out assessing the environmental impact. The […]
In a nutshell the Green Investment Bank will be a government-owned, for-profit bank. It will partner with the private sector to fund new projects ranging from renewable energy and biofuel production to new clean technologies. You can read the policy here.
This Election, voters have a very clear choice for New Zealand’s energy future: more fracking as National advocates, more risky deep sea drilling as Labour promotes, or more clean energy like solar that the Greens are pushing.
The World Wildlife Fund have today revealed that over $1 billion of New Zealanders’ pension and accident insurance money is invested in companies directly mining for coal, oil, and gas — companies who’s future profitability depends on burning fossil fuels that have to stay in the ground if we are to avoid runaway climate change. […]
New studies published in one of the most prestigious scientific journals Science, highlights the risks that fracking can cause and increase the likelihood of earthquakes. New Zealand is not called ‘the shaky isles’ for nothing and we need to be very careful about increasing the risk of earthquakes in our already earthquake prone country.
Never one to turn down an opportunity to welcome a foreign oil company to drill in 100% Pure New Zealand’s waters, John Key currently in Brazil, is encouraging the Brazilian company Petrobras to return.
The New South Wales government has announced a ban on all coal seam gas development within two kilometres of residential areas and industry clusters, such as horse breeders and wine producers, across the state. What can we learn from it in New Zealand?