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New Zealand to stop the grant of exploration permits category
April 13, 2018
Source: World Oil

New Zealand to stop the grant of exploration permits

With the objective of becoming carbon-neutral by 2050, New Zealand draws a line on the sand with a ban on offshore oil and gas exploration.  Aligning with the Paris targets, this step is important to create a clean, green and sustainable future for the country. However, the opposition has termed it as “economic vandalism”.

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