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New Zealand oil and gas ban to cost Taranaki NZ$30 billion: NZIER

THE New Zealand government's ban on oil and gas exploration will cost the Taranaki economy around NZ$30 billion (A$28.8 billion) by 2050, according to a new report from centrist think tank the New Zealand Institute for Economic Research (NZIER).

Paul Hunt

New Zealand oil and gas ban to cost Taranaki NZ$30 billion: NZIER

Last year the Jacinda Ardern-led Labour government introduced legislation which prevented new exploration permits outside of onshore Taranaki. The ban was justified as a means to cut emissions which cause...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.