Trustpower supports intent of emissions target but calls for careful consideration of impacts

Mon, 23 Jul 2018

By Rebecca Howard July 23 (BusinessDesk) - Trustpower supports the intent of the government’s net-zero emissions target by 2050 but says decisions such as the recent ban on offshore oil and gas exploration that deplete the capital needed for the task and don't achieve the objective "must be avoided". In April, the government announced it would not issue new offshore oil and gas exploration permits, in a decision that was widely criticised for a lack of consultation. Trustpower chair Paul Ridley-Smith told the company's annual general...

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