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Luxton dismisses oil and gas claims BY COLIN WILLISCROFT
COLIN.W@THEGUARDIAN.CO.NZ
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Hinds-based Labour list MP Jo Luxton has dismissed Rangitata MP Andrew Falloon’s claim that the Government’s decision not to grant any new oil and gas exploration permits will hurt regional New Zealand, labelling his comments as scaremongering. Falloon released a statement late last week describing the Government’s decision as hugely disappointing and part of a continued attack on regional New Zealand. He made particular reference
to the Barque prospect, which is about 60 kilometres off the North Otago coast. “The Barque gas development is projected to create 3100 jobs locally, and deliver $32 billion in royalties and taxes,” Falloon said. “The announcement by the government puts the project at risk. “Shane Jones’ billion dollar fund is a drop in the bucket compared to that, it will never create that level of economic activity. In fact, only 4 per cent of his slush fund has been invested in the South Island. “Axing gas exploration won’t do any-
thing to help transition to (a) low carbon environment. Ninety per cent of our electricity generation in New Zealand is from renewable sources. Gas is still used for certainty of supply, and without it more coal will be burned, with far higher carbon emissions. “Across New Zealand, the oil and gas industry employs 11,000 people and is our fourth largest export earner.”
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