Taxpayer inevitably foots bill in oil disasters – Greens

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Wed, 18 Jan 2012 6:24p.m.

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Drilling companies are only required to cover a fraction of the possible cost of a disaster under NZ law, with taxpayers left to cover the rest.
Drilling companies are only required to cover a fraction of the possible cost of a disaster under NZ law, with taxpayers left to cover the rest.

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18 Jan 2012 06:56p.m.

L wrote:

Ugh. A spill even a fraction of the magnitude of the Gulf of Mexico one would completely devastate our coastline, not to mention fisheries, conservation and tourism industries. How can anyone even consider drilling off (or on!) the coast of a country so dependent on those two industries?! Backward thinking, money hungry fossil-fools.