Luxon opens the door to billions in taxpayer-funded oil field decommissioning costs – Greenpeace

Luxon opens the door to billions in taxpayer-funded oil field decommissioning costs – Greenpeace

In an act of climate denial, the Luxon Government is today planning to pass legislation to try to restart offshore oil and gas exploration, but they are also slipping in a further amendment that opens the door to taxpayers picking up the billion dollar tab to decommission oil and gas infrastructure. “Attempting to restart offshore oil and gas exploration is bad enough, given advice from the International Energy Agency that we can’t burn existing…