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New Zealand bans all new offshore oil and gas exploration

by Futures Centre, Apr 20
1 minute read

New Zealand’s government has banned all new offshore oil and gas exploration after seven years of growing public protests. This announcement makes more than 4 million square kilometers, the fourth-largest exclusive economic zone in the world, off-limits for any new fossil fuel exploration. The government will continue to offer onshore exploration in the Taranaki region and will not revoke any existing contracts.

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