Oil on Troubled Waters
Mrs MacDoctor and I have just had a relaxing week in Vanuatu, celebrating our 30th wedding anniversary. Internet access was painfully slow, so there has been no blogging for more than a week and not much news about New Zealand. I see that I have not missed much, just another unexciting budget from Bill English. Still, he and John Key can rightly pat themselves on the back for not being stampeded into orgies of “stimulus” spending and endless printing of increasingly worthless banknotes à la Messers Obama and Bernanke. They deserve the thumbs up they received from the IMF and from Standard and Poor’s, despite the lack-luster nature of the budget.
does the level of reward reflect the risk?
”Of more interest is the latest petition from the Greens on deep-sea drilling. When are the media going to wise up to the fact that the Greens use petitions not as a way of influencing government but as a way of generating free adverstising for themselves? Or if they are wise to it, when are they going to do their job and actually get the story, rather than the spin? While the media continue to give the greens uncritical support, they devalue the impact of all petitions as New Zealanders and the government both become increasingly weary of them.
Todays report is on the latest Green advertising stunt known as “Kiwi Bid” (are they going to offer the government and the people of New Zealand compensation for the loss of earnings and jobs from not exploring the sea bed? Nah). Much is made of the fact that two sports stars are lending their support, and there are quotes from Olympic Rower and ex-green candidate, Rob Hamill – whose sole marine expertise consists of large shoulder muscles – and Metiria Turei – whose marine expertise is considerably less.
Where is the quote from a Marine geologist? Where is the reassurance from the Government that proper measures will be taken to regulate this? Was the CEO of BP New Zealand not available for a quote on the lessons learned from the Deepwater Horizon disaster? While I realise that journalists have deadlines and often drip feed shorter articles to spin out the story into a series rather than a single item, there is no excuse for such a blatantly unbalanced article. It just gives unnecessary oxygen to a small flame of artificial outrage being generated by the Greens. Currently the attached poll would indicate that 75% of New Zealanders are quite comfortable with deep sea drilling as long as it is properly overseen.
The Green, of course, have not even a modicum of understanding of the nature of drilling as this quote from Turei shows:
“There is no guarantee of safety with deep-sea drilling so we shouldn’t be doing it.”
Of course there is no guarantee of safety – that would be impossible. The real question is – does the level of reward reflect the risk? To answer that, one requires some marine expertise and careful reasoned consideration, not fact-free bluster from the ignorant and blatantly partisan scare-mongering from the press.








