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Article: New Zealand: The risks of Exxon-Mobil in New Zealand waters.
- Article from:
- TendersInfo
- Article date:
- May 22, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: mohammed05
Exxon-Mobil are the elephant in the room that the Government refuses to confront, as it throws open the ecologically vulnerable Great South Basin region to oil exploration and exploitation. Currently, New Zealand does not have an oceans policy, despite years of talking about it. There is no RMA equivalent that is empowered to manage economic activity within our Exclusive Economic Zone, and no mechanism for weighing the environmental and economic risks/opportunities involved.
This morning s RNZ story about ongoing impacts of the Tui field oil spill off the Taranaki coast and the paltry levels of compensation available - should be ...