Author Topic: New Zealand scraps clean, green policies to boost economy  (Read 402 times)

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Online rangerrebew

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New Zealand scraps clean, green policies to boost economy
« on: August 05, 2024, 06:35:47 am »

New Zealand scraps clean, green policies to boost economy
Story by Lucy Craymer • 13h

By Lucy Craymer

WELLINGTON (Reuters) - New Zealand's green credentials are at risk as the government rolls back environmental reforms in a bid to boost a flailing economy and fulfil promises made to its voters.

Since taking power last year, Prime Minister Christopher Luxon's centre-right coalition announced it will reverse a ban on oil and gas exploration, push the pricing of agricultural emissions back five year and encourage more mining.
 
This is part of a government shift in priorities towards increasing exports to support an economy that grew just 0.3% in the year to March 2024, its lowest growth for the same period since the pandemic hit in 2020, and that has a current account deficit at 6.8% of GDP.

Exports make up nearly a quarter of New Zealand's economy.

"The economic situation for me, is arguably the worst of the set of circumstances that I can remember in my adult life," Resources Minister Shane Jones said.

https://www.msn.com/en-us/news/world/new-zealand-scraps-clean-green-policies-to-boost-economy/ar-AA1odZJy?ocid=msedgdhp&pc=HCTS&cvid=75c4baa0173f47b1a6814a26ede44ff6&ei=38
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Online rangerrebew

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Re: New Zealand scraps clean, green policies to boost economy
« Reply #1 on: August 05, 2024, 06:37:04 am »
Does this mean not all countries are run by a bunch of dumb*sses? :whistle:
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline Smokin Joe

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Re: New Zealand scraps clean, green policies to boost economy
« Reply #2 on: August 05, 2024, 10:36:29 am »
Does this mean not all countries are run by a bunch of dumb*sses? :whistle:
Yep!

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Online Free Vulcan

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Re: New Zealand scraps clean, green policies to boost economy
« Reply #3 on: August 05, 2024, 10:48:15 am »
They got conned with starry eyed green promises that were completely devoid of any reality.

It really was nothing but megarich globalists wanting everyone's stuff at fire sale prices after they were killed off.
The Republic is lost.

Offline DefiantMassRINO

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Re: New Zealand scraps clean, green policies to boost economy
« Reply #4 on: August 05, 2024, 11:11:55 am »
It means people can only tolerate so much economically destructive Nonsense.  In the end, the economy wins because its the economy that provides for the basic needs of the people, not the Government.
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