1 00:00:00,040 --> 00:00:04,280 Speaker 1: The government is considering encouraging domestic production of fuel. A 2 00:00:04,320 --> 00:00:07,720 Speaker 1: new report suggests setting up special economic zones to do that. 3 00:00:07,800 --> 00:00:10,520 Speaker 1: This is to lock in fuel security. Shane Jones is 4 00:00:10,560 --> 00:00:12,600 Speaker 1: the Associate Energy ministound Worth US. Morning. 5 00:00:12,680 --> 00:00:14,680 Speaker 2: Shane, Hey, morning folks. 6 00:00:14,760 --> 00:00:16,760 Speaker 1: So where would you put these special economic zones? 7 00:00:17,720 --> 00:00:20,239 Speaker 2: Oh, obviously, hailing from Lauthland, I think one would be 8 00:00:20,239 --> 00:00:22,560 Speaker 2: good around mars and Point, given that the Labour Party 9 00:00:22,600 --> 00:00:25,560 Speaker 2: in particular just Simbler doing close down our mass and 10 00:00:26,200 --> 00:00:30,360 Speaker 2: Point refinery. That will stimulate a whole boast, a whole 11 00:00:30,480 --> 00:00:34,600 Speaker 2: range of energy investments. And why not Taranucky because if 12 00:00:34,600 --> 00:00:37,080 Speaker 2: we're ever going to have to rely upon the importation 13 00:00:37,920 --> 00:00:41,680 Speaker 2: of gas from overseas to keep the economy functioning, there 14 00:00:41,720 --> 00:00:44,680 Speaker 2: left to be in Taranucky after Jacimber canceled the oil 15 00:00:44,680 --> 00:00:45,640 Speaker 2: and gas industry. 16 00:00:45,840 --> 00:00:47,640 Speaker 1: And then what do you do in these zones? Do 17 00:00:47,680 --> 00:00:49,600 Speaker 1: you offer tax breaks or subsidies or what? 18 00:00:50,760 --> 00:00:52,919 Speaker 2: Yeah, those are the details still to be teased through. 19 00:00:52,960 --> 00:00:56,800 Speaker 2: In other countries they offer a range of incentives through 20 00:00:56,960 --> 00:01:01,320 Speaker 2: bespoke tax treatment planning rules that are tailored for the 21 00:01:01,400 --> 00:01:04,520 Speaker 2: activity in that particular site. I mean around Marsden Point. 22 00:01:04,560 --> 00:01:09,520 Speaker 2: It's already an energy precinct and energy zone. We're looking 23 00:01:09,600 --> 00:01:13,120 Speaker 2: forward to creating the dry dock facility over time at 24 00:01:13,200 --> 00:01:16,840 Speaker 2: Marston Point, and I'm sure that as ministers work through 25 00:01:16,920 --> 00:01:22,280 Speaker 2: the various regional and local government deals, that other locations 26 00:01:22,440 --> 00:01:25,880 Speaker 2: will see some merit in having these zones there. Later 27 00:01:25,959 --> 00:01:27,640 Speaker 2: in the year, we hope to have as a part 28 00:01:27,680 --> 00:01:30,960 Speaker 2: of the legislation coming through the option of creating such zones. 29 00:01:31,319 --> 00:01:33,679 Speaker 1: What do you think is the greatest threat I suppose 30 00:01:33,720 --> 00:01:35,080 Speaker 1: to our fuel security at the moment. 31 00:01:36,520 --> 00:01:39,640 Speaker 2: Oh well, obviously the geopolitical situation. People need to bear 32 00:01:39,720 --> 00:01:42,759 Speaker 2: in mind. Either that we chew through eleven million liters 33 00:01:42,800 --> 00:01:47,280 Speaker 2: every day of diesel. I'll put out the suggestion and 34 00:01:47,360 --> 00:01:49,400 Speaker 2: the decisions that we're going to have to store up 35 00:01:49,440 --> 00:01:52,920 Speaker 2: to diesel store diesel up to twenty eight days. People 36 00:01:52,960 --> 00:01:56,080 Speaker 2: are telling me that that's not enough the fuel companies. 37 00:01:56,120 --> 00:01:59,200 Speaker 2: If you control more than ten percent of the fuel supply, 38 00:02:00,200 --> 00:02:03,360 Speaker 2: it's our expectation from twenty twenty eight that you'll have 39 00:02:03,400 --> 00:02:07,440 Speaker 2: an additional seven days on shore. Obviously, I don't want 40 00:02:07,520 --> 00:02:12,280 Speaker 2: to alarm anyone, but we do live in highly uncertain times. 41 00:02:13,160 --> 00:02:15,400 Speaker 1: I heard you were involved in a showdown over the 42 00:02:15,440 --> 00:02:17,800 Speaker 1: lizards in cabinet on Monday. What happened? 43 00:02:19,320 --> 00:02:22,919 Speaker 2: Oh no, no, no, it's in cabinet. Everything is tapu. 44 00:02:23,200 --> 00:02:27,359 Speaker 2: But do you win well, obviously the Oceania gold mine 45 00:02:27,440 --> 00:02:31,040 Speaker 2: is going to flourish. We need to have guardrails. The 46 00:02:31,120 --> 00:02:35,400 Speaker 2: Department of Conservation, they're going through a set of changes. 47 00:02:35,760 --> 00:02:40,000 Speaker 2: Those changes will ensure that when DOC officials are allocating 48 00:02:40,120 --> 00:02:43,120 Speaker 2: concessions or entitlements to use up to thirty eight percent 49 00:02:43,200 --> 00:02:46,680 Speaker 2: of New Zealand's landscape, they're not looking at it through 50 00:02:46,760 --> 00:02:47,400 Speaker 2: the orifice of. 51 00:02:47,400 --> 00:02:50,360 Speaker 1: The lizard showdown or no showdown. 52 00:02:50,440 --> 00:02:53,480 Speaker 2: Shane, No, no, I'm not going to be drawn on 53 00:02:53,560 --> 00:02:58,919 Speaker 2: what happens in their left say I'm working with our 54 00:02:59,000 --> 00:03:02,119 Speaker 2: dockor mister Tamar, who both wanted to deny how work 55 00:03:02,240 --> 00:03:04,000 Speaker 2: very closely with and mister Bishop. 56 00:03:04,120 --> 00:03:06,079 Speaker 1: All right, thank you Shane. If you don't deny it, 57 00:03:06,200 --> 00:03:08,959 Speaker 1: you know what we think. Shane Jones, Associate Energy Minister. 58 00:03:09,639 --> 00:03:12,519 Speaker 2: For more from the Mic Asking Breakfast, listen live to 59 00:03:12,680 --> 00:03:15,720 Speaker 2: news Talks. It'd be from six am weekdays, or follow 60 00:03:15,760 --> 00:03:17,280 Speaker 2: the podcast on iHeartRadio.