NC-004··National-led coalition (with ACT & NZ First)·budget
Gas Security Fund ($200m co-investment)
Major harm -2What happened
Budget 2025 tagged contingency of $200m over 4 years for Crown co-investment in gas supply projects (Gas Security Fund), including exploration, existing fields, and storage.
Why it matters
Public finance actively supporting fossil gas expansion - contradicts phase-out direction.
Impact assessment
Direct public co-investment in fossil gas infrastructure and exploration.
Scale: NZ$200m over 4 years
Attribution
shared (high confidence) -NZ First, National
Budget 2025; Resources Minister Shane Jones.
Coalition period: National-led coalition (with ACT & NZ First) (27 November 2023 - present)
Categories
mitigation