NZ First's $1b oil and gas pledge draws Greenpeace criticism
New Zealand's NZ First party said it would explore deep-sea basins around the country for oil and gas if elected, arguing the move would shore up fuel security. Greenpeace says the billion-dollar pledge would be better spent on renewable energy.
NZ First said it would commit NZ$1 billion to exploring deep-sea basins around New Zealand for oil and gas if elected, arguing the move would strengthen the country's domestic fuel security.
Greenpeace pushed back sharply, arguing the funds would be far better directed toward renewable energy sources. The organization said pursuing new fossil-fuel exploration runs counter to New Zealand's climate commitments.
The dispute highlights the deep divide between parties over energy policy heading into the country's next election. Voters will have to weigh these competing visions for how New Zealand secures its future energy supply.
Read next
Yemen's Houthi movement announces 'maritime embargo' on Saudi Arabia
Yemen's Houthi movement announced it would impose a maritime embargo on Saudi Arabia, raising fresh concerns about shipping safety in the Red Sea region. The move risks further inflaming tensions in an already volatile waterway.
US launches fresh strikes on Iran as Trump warns of retaliation for soldiers' deaths
West Africa signs off on $25bn mega gas-pipeline plan
Taiwan alleges former TSMC staff stole chip secrets to sell to China
