Sunday, February 19

Prospectors bid to water down drilling legislation : NZ

The minerals industry wants to water down a proposed law already under fire for making it too easy to drill the ocean floor for oil and gas, mine it for gold and phosphates and dump waste.
The Exclusive Economic Zone Bill has been criticised for creating lighter protection for the marine environment outside the 12-mile territorial limit but within New Zealand's vast exclusive economic zone over the 170 million hectares in our continental shelf.
Critics claim the bill "puts economic considerations over environmental considerations", and say it breaches environmental protection obligations under international treaties. Instead, they say, it should mirror the more stringent Resource Management Act which governs development in the 12-mile limit.
But submissions on the bill from prospectors, released this week, show the mainly foreign firms want a range of changes to make exploitation easier, reduce public scrutiny, limit ministers' discretion and even allow the drilling of gas and oil exploration wells without a permit.


Stuff.co.nz

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