rjt123:
What if the government had actually researched this proposal prior to announcing the ban. Lets assume a negative economic impact of $500million, what if they had kept their source of oil & gas royalties and invested this in solar R & D schemes, or battery technology, or bio-fuels, or anything else that might have had some positive result. Can you not see that taking that course of action could've had a far greater positive impact for the economy and for the environment. Furthermore, how much better would it be for NZ to be the first to have wholly sustainable electricity generation than to be the first country to give up their natural resources in favour of importing at the expense of the environment.
Do you honestly think that could happen while the teat of easy oil money is just hanging there to be sucked on?