LOL: New Zealand Abandoning Net Zero Goals, Plans To Start Drilling Again

I’m sure she looks just like that

(Telegraph) New Zealand has abandoned its pursuit of net zero by revoking a ban on drilling for oil and gas.

The country’s government confirmed the shift in its latest budget this week, which unveiled plans to invest NZ$200m (£90m) in new offshore gas fields.

The reversal marks an end to a policy announced by Jacinda Ardern, the former prime minister, in 2018. She claimed at the time that “the world has moved on from fossil fuels”.

However, Nicola Willis, New Zealand’s finance minister, has consigned Ms Ardern’s policy to history by announcing plans to expand offshore gas fields.

In particular, she is seeking to attract international oil and gas companies with a taxpayer-backed subsidy of NZ$200m (£88m).

Why would she be sad: doesn’t she need all that fossil fuel for all her flights around the world?

Meanwhile, this is insane. The Biden regime was handing out almost a $100 billion in “loans” 76 days before Trump took office.

Twitchy has a partial transcript.

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One Response to “LOL: New Zealand Abandoning Net Zero Goals, Plans To Start Drilling Again”

  1. drowningpuppies says:

    The senator appeared almost incredulous and asked for clarity: “So, so you’re telling me that the Department of Energy in the 76-day period before their boss was gonna leave office, gave or loaned money to, to entities that had no business plan?”

    “Correct,” Wright replied bluntly.

    “No financials?” Kennedy asked.

    “Correct,” Wright told him. “I’ve come in with great concern about how this institution, this great American institution, has been run and how American taxpayer money has been handled.”

    What shocked Kennedy most wasn’t just the lack of oversight but the arrogance of it all: “They were spending money at the Department of Energy like it was ditchwater,” he said, noting the department’s ballooning budget. “Their budget went from $60 billion to $160 billion since fiscal year 2021.”

    https://pjmedia.com/matt-margolis/2025/05/23/joe-bidens-93-billion-scandal-that-no-ones-talking-about-yet-n4940098

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