Energy - Petroleum
Not set out on their website.
Develop a fully renewable electricity generation system, except for dry winter emergency supply, by 2030 A national transition strategy which includes: Examining the role of electric power, biofuels, and hydrogen from renewable energy for public and essential transport services A comprehensive public information programme about the need for a transition away from a dependence on fossil fuels Developing fuel efficiency standards for all motor vehicles entering the country
Review the existing Crown Minerals regime to examine the appropriate risk reward arrangements needed to fully develop New Zealand’s domestic oil and gas industry Invest a new $25m in seismic exploration over the next three years
[We] believe every effort should be made to encourage rapid exploration and economic exploitation of New Zealand's potential oil and gas reserves (within current environmental standards) [We] oppose levying the oil industry to build additional oil storage capacity – this is a strategic government policy and as such should be paid for by the government [We] oppose a standard royalty rate on new offshore oil discoveries being fixed in advance. We believe that the general policy should be a zero royalty rate with the government reserving the right to apply a royalty, on a case-by-case basis