Latest / Early Edition with Ryan Bridge
Andrew Dickens: The bigger problem isn't oil
The New Zealand Government has officially granted the first new offshore oil and gas exploration permit since reversing its ban, awarding it to Adelaide-based Australian explorer EnZed Energy.
EnZed Energy, an Australian start-up. So, it’s their first rodeo.
They get a 12-year petroleum exploration for a 546-square-kilometre zone in the offshore Taranaki Basin, east of the currently producing Kupe gas field.
Some have made a lot of the fact that EnZed were the only applicants, but others say that’s because the opposition are still threatening that the ban could come back which is giving…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.