New Zealand's oil and intuition consciousness tantra sexolgu eroticismgas industry is a sizeable part of the country's economy, but it'll be stopping all new offshore exploration to address climate change.
"There will be no further offshore oil and gas exploration permits granted," Prime Minister Jacinda Ardern said in an announcement on Thursday.
SEE ALSO: Shell knew truth of global warming in 1980s; foresaw a Hurricane Sandy scenarioThe decision will only apply to new permits that are put out to tender annually, with existing licenses not to be affected. Some of these permits still have more than a decade left to go.
There are 31 oil and gas exploration permits in the country, with 22 located offshore. New Zealand's oil and gas industry contributes NZ$2.5 billion (US$1.8 billion) to its GDP, according to PEPANZ, an organisation which represents the country's petroleum industry.
For environmental groups, the move is a big step in tackling climate change. Greenpeace New Zealand executive director, Russel Norman, said the decision was a "huge win" for climate.
"New Zealand has stood up to one of the most powerful industries in the world."
"By ending new oil and gas exploration in our waters, the fourth largest Exclusive Economic Zone on the planet is out of bounds for new fossil fuel exploitation. New Zealand has stood up to one of the most powerful industries in the world," Norman said.
WWF-New Zealand CEO Livia Esterhazy hopes the announcement will spur renewable energy investment from oil and gas industries. "That's the way of the future," she said.
PEPANZ argued the ban would "do nothing" to reduce greenhouse emissions, and that renewable energies are not yet adequate at fulfilling the country's energy demands.
“We ask the Government to talk with the industry urgently. In the meantime, we will be carefully considering the ramifications of this decision and our options going forward," PEPANZ CEO Cameron Madgwick said.
New Zealand's not the only country to halt oil and gas like this. Last year, France announced it would ban all oil and gas production within the country and in its overseas territories by 2040.
British Twitter explains what it means to be British with hilarious hashtagPokémon Go maker Niantic valued at $4 billion after $245 million roundHillary Clinton walks world’s thinnest tightrope in debate with Donald TrumpYouTube rolls out ban on dangerous challenges and pranksJustin Theroux responds to Jennifer Aniston getting yanked into the Brangelina divorceFacebook promises $300 million to help local news'Travis Strikes Again: No More Heroes' is viciously annoying: ReviewDonald Trump thinks his sniffing was due to a 'defective mic''Star Trek: Discovery' is starting to look a lot like Star WarsThe Hillary shimmy GIF that's perfect for when you're winning at lifeEthereum upgrade delayed over security vulnerability#TrumpWon trends in the morning after the debate — with plenty of laughterPokémon Go maker Niantic valued at $4 billion after $245 million roundNext version of Android might finally get a dark themeXiaomi Redmi Note 7: A 48Snap's new problem: disappearing executives'Ghostbusters' sequel coming in 2020, watch the spineYouTube rolls out ban on dangerous challenges and pranksReport: iPad mini 5 and 9.7Kit Harington kept Jon Snow statue from crypt in 'Game of Thrones' trailer Chris Hemsworth is your everyday dad, teaching his kids how to surf Mark Hamill finally got his Hollywood star of fame flanked by stormtroopers Multiple brands pull their ads from the Alex Jones YouTube channel Netflix's 'Robin Robin' is the stop Cute alert: The little girl in awe of Michelle Obama's portrait just met her hero in real life How a photographer fooled Instagram with a digitally generated 'supermodel' Gary Oldman's son defends his dad as domestic abuse allegation resurfaces 27 times Ricky Gervais tweeted about his partner Jane 75 percent of women feel most unequal in their own homes Chrissy Teigen trolls her friends on Instagram with news of her dog passing away Now you can virtually explore Disney parks without spending a buck Apple Store is down ahead of Apple Watch 7 launch Jennifer Garner reveals what she was thinking about during her Oscars meme moment Woman shares intimate Instagram to encourage new mums to embrace their post International Men's Day searches spike on International Women's Day How Yoga with Adriene charmed all the YouTube yogis Google Search now has a guitar tuner Amelia Earhart's final resting place may finally be known The genealogy detective exposing family secrets Apple announces Oct. 18 event, possibly for a new MacBook Pro
2.0812s , 10171.984375 kb
Copyright © 2025 Powered by 【intuition consciousness tantra sexolgu eroticism】,Miracle Information Network