John Key to privatize the continental shelf
There hasn't been a hell of a lot of focus on the (EEZ) Exclusive Economic Zone and Continental Shelf (Environmental Effects) Bill. It's National's latest attempt to ram through without much scrutiny more privatization, this time the Government is taking the continental shelf of NZ so that Iwi can't counter claim. They are seizing this land to ease overseas investors that they don't need to fret over any slowing court action to start prospecting for deep sea drilling.
This has everything to do with privatizing the ocean while putting our environment at risk from the unpredictable dangers of deep sea oil drilling. This is legislation for big corporations while ignoring the Treaty and our environmental concerns.
I used to joke that the National Party would privatize the continental shelf of NZ if they thought they could get away with it. To my genuine surprise, the buggers are actually trying it on for the benefit of Big Oil.