Government legislation to regulate deep sea oil drilling, seabed mining and other activities in New Zealand's massive offshore Exclusive Economic Zone is again under attack from Opposition parties ahead of its second reading.
Parliament's Local Government and Environment Select Committee yesterday produced its report on the Exclusive Economic Zone and Continental Shelf (Environmental Effects) Bill.
The bill establishes an environmental management regime for New Zealand's vast but currently unregulated Exclusive Economic Zone (EEZ), which lies between 12 and 200 nautical miles off the coast.
Regulation of the EEZ has become a pressing issue with the Government making offshore oil, gas and even mineral exploration and extraction an important plank of its economic growth agenda.
The Bill was criticised by Labour and the Greens in its initial stage for being weighted too far in favour of economic interests at the expense of environmental protections.