World

Thu Jun 13

Global demand for oil could peak soon – NZ’s plan to revive offshore exploration doesn’t add up

Written by: Jen Purdie, Senior Research Fellow, Centre for Sustainability, University of Otago

This week’s announcement of the government’s plans to reopen New Zealand’s territorial waters to oil drilling comes as no surprise. All three coalition parties campaigned on reversing the 2018 ban on offshore oil exploration.

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