NZ’s government may ask the public to underwrite the risk of fossil fuel exploration – this could be unlawful
- Written by Nathan Cooper, Associate Professor of Law, University of Waikato
Hagen Hopkins/Getty ImagesAfter reversing the ban on new offshore oil and gas exploration permits, New Zealand’s coalition government is now considering whether to share the risks of exploration with the fossil fuel industry.
This could mean taxpayers would compensate corporations if exploration is unsuccessful. Resources Minister Shane...





