With respect to his intention to allow Brazillian oil giant Petrobras to drill offshore in the Raukumara Basin, John Key says:
“By the time they ever start wanting to drill holes in that part of New Zealand then there will be strong environmental standards in place and they will have to meet those standards or they won’t be able to progress”
My question for Key. Will the “standards” that he intends to put in place include the requirement that Petrobras be able to conclusively demonstrate that they have the capacity to quickly and effectively stop any oil leak associated with the drilling? If the standards don’t include such a requirement, what good are they?