Energy security and cost concerns prompt caution over gas

Concerns over what will replace gas and how much it will cost prompt ministerial caution. (Image: Depositphotos)

Thu, 19 May 2022

Concerns about energy security and affordability are among the reasons the government has gone against advice on the phasing out of gas.The Climate Change Commission advised the government to set a date from when no new gas connections should be allowed.The government has already banned new exploration for oil and gas outside on-shore Taranaki and has signalled it believes there is little place for gas in New Zealand.This led to a flurry of warnings and action from the sector.The Commerce Commission said it would be fair for gas pipeline busine...

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