Belief the oil and gas industry's emerged a winner in the Budget - at the expense of the climate
Belief the oil and gas industry's emerged a winner in the Budget - at the expense of the climate
24 May 2025
The Government's set aside 200 million dollars over four years for co-investment in new gas fields.
Resources Minister Shane Jones says this is critical for delivering energy for the next 20 years - as supply's already constrained.
Greenpeace's Gen Toop says this is a scorched earth budget delivered in the middle of a climate crisis - and we'd be better off investing in renewables.
She says the Government should be doubling down on action to cut emissions - but instead it's dumping more money into fossil fuel extraction.
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