Geof Mortlock's letter was addressed to both finance minister Grant Robertson and RBNZ chair Neil Quigley.
The "race to the bottom" may not be a myth, but are FPAs the solution?
Geof Mortlock stressed he doesn’t have a problem with ministers and politicians grappling with issues of Māori economic and social welfare but said such issues are not within the RBNZ’s mandate.
Pathways to transition from gas are uncertain and setting deadlines might put energy security at risk and cost billions of dollars.