NC-003··National-led coalition (with ACT & NZ First)·legislation
Offshore oil & gas ban reversed
Harm -9What happened
Crown Minerals Amendment Act 2025 removed 2018 ban on new offshore petroleum exploration; changed CMA purpose from 'manage' to 'promote' Crown minerals.
Why it matters
Re-opens offshore fossil exploration and promotes petroleum investment.
Impact assessment
Repealed the 2018 offshore exploration ban and reframed Crown minerals law to promote petroleum - large lock-in and investment-signal harm.
Attribution
shared (high confidence) -NZ First, National
NZ First Resources Minister Shane Jones; National coalition partner.
Coalition period: National-led coalition (with ACT & NZ First) (27 November 2023 - present)
Categories
mitigation