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New Zealand to Lift Ban on Oil and Gas Exploration on June 9, 2024

Jun 9, 2024, 01:37 AM

New Zealand's government has announced plans on June 9, 2024, to lift the ban on oil and gas exploration in the second half of the year. The move, which involves introducing a bill to reverse the current ban on offshore petroleum exploration, aims to bolster energy security. However, the Green Party has criticized the decision, labeling it a backward step for climate aims. The policy reversal comes amid fears of blackouts and is seen as a blow to Labour’s plan for a similar crackdown in the North Sea.