The government will look at ways to set up long-term security for investors, when it reverses an oil and gas ban.

Critics say this will be detrimental to the environment.

Resources Minister Shane Jones told Mike Hosking “No one is going to make a long-term capital commitment to New Zealand in the face of short-term commitments.”

Jones said “Potential investors are concerned there will not be confidence or security going forward.”

LISTEN ABOVE.

The government will look at ways to set up long-term security for investors, when it reverses an oil and gas ban. 
Critics say this will be detrimental to the environment. 
Resources Minister Shane Jones told Mike Hosking “No one is going to make a long-term capital commitment to New Zealand in the face of short-term commitments.” 
Jones said “Potential investors are concerned there will not be confidence or security going forward.” 
LISTEN ABOVE.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Shane Jones: Resources Minister on reversal of oil exploration ban

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/385e9d68-6120-4050-9525-b18a0155818e/transcript