Why...do you think it is wrong for a bank to see a sector will be in clear decline by 2030...and start adjusting their exposure...and protecting their shareholders?
@@harrywp5785 Another disillusioned dreamer,it's Business as usual for BNZ,there are actually more IMPORTANT issues facing NZ but then simple minds focus on simple issues
That's not really fair... I hear that 100% of liberal leftists who have never been on a farm have determined that farmers don't need petrol. They also say we will also have more efficient farms if we plant all of them in trees. In fact they say all farms should free themselves from all animal exploitation as well. That is the goal. Don't question the "science".
Even worse in Oz where the distances are so much greater. Governments will have to pass legislation to protect vital infrastructure and evs are just not viable yet as the default.
@@alistermacpherson7120 thats another debate entirely mate and just a straw man, stay on topic we are discussing the stupidity of pulling infrastructure out of commission _before_ replacements are in working order. As Damion pointed out EVs lack the vital electrical infrastructure to support their use and to add to this commercial EVs are only at conceptual stages.. May I ask *what steps are you personally taking to mitigate global warming?* 🤔 I live completely off solar energy myself
@@Astrodoberman Review our opinions in 5 and the 10 years time. One of us is right. I will not be lending money to petrol station businesses, because I am fond of my money. Even if the odds were 50/50 it is still too dangerous.
@@KuriosDiogenesJar BNZwank managers getting drunk with their woke power. Legal lending docs get drawn up so tight a fart can't escape death's grip, always stacked in the bank's favour....there is never any risk to the bank. They only lend you an umbrella if you already own gumboots, rain-hat and raincoat and promise to never go outside when it rains. if you do happen to go outside in the rain they have a mortgagee sale and sell up your rain gear to recover the high costs of umbrella maintenance, not withstanding you have already paid enough interest to buy 100 umbrellas in the meantime. in 5-10 years time we'll all be under water because the polar ice caps will melt and the heat waves will kill us all.......oops that was falsley prophesied 20 years ago perhaps I'm wrong????
@@KuriosDiogenesJar They are not about to to go away...but you are right. A sector can lose much of it's profitability long before it goes extinct. They will be needed for another couple of decades...but no where near as many.
I hope every single customer of the BNZ goes to their BNZ branch and closes it ,no if's or but's or maybe. I know the green mob won't, but if you think, why should you go to this trouble!? That is simple, they will ( BNZ ) come after you, your family members, and your friends, businesses, employers, and employees, this has started in the UK. The only thing that will stop corporate overreach is to hurt their profits.
This isn't just one bank, you can't just leave a bank and go somewhere else, they are all doing it. All partnered with Blackrock and adopting 'ESG' policies. What really needs to happen is the govt needs to prosecute the banks for being architects of social manipulation, where they have no mandate
Govts themselves are doing this. Who voted any govt in to promote the trans ideology? I hope all those affected get their day in court in years to come but look at what happened to the families affected by Agent Orange - left high and dry until most of the worst affected had died after decades of being ignored.
Thanks to Roger Douglas, Derek Quigley, Ruth Richardson and their fellow travellers who made it possible for the BNZ to be sold to private interests. We lost an important backstop.
The major banks have already put firearms businesses on the "do not lend" list. Starting to feel that anything rural or self sufficient is getting targeted by the corporates
good point , and what do our delivery service trucks fill up on?, will BNZ staff stop eating at their customer's cafes and restaurants supplied by deisel trucks?
The urban left seem to actually believe products magically appear in the shop concerned. Primary production, manufacturing, and distribution doesn't exist.🤷
@ since when and what has the government got to do with enforcing environmental policies on the Banks and if so why not other businesses that affect the environment.Kiwibank was able to refinance their mortgage so what you are saying does not stack up
@@KeithFletcher-kb5dv Since when has the government got anything to do with enforcing or influencing market direction of private entities through legislation? You must be new to earth.
Probably every retail shop, supermarket, electronic, clothing, vehicle retailer, tar on our roads etc has a direct link to oil or its bi products. Either the bofans at BNZ don't know this or these shops will be next.
If BNZ are going to have a stand on fossil fuels and lending then they also need to cease lending to any fashion related businesses because they require a huge amount of oil to produce the synthetic materials that go into fast fashion which is causing a bigger problem to our environment than gas is so where are they drawing the line here they're getting involved in something that they don't understand
Also medical companies, hospitals, doctors, pharmacies, construction, all retail, anything that uses any type of plastics or plastic type product...in other words every forken business on the planet!!
Exactly BNZ obviously think the public is stupid and only think oil is used for petrol when it's actually used in just about every product you buy from your laptop to the cosmetics you purchase to the clothes you wear
Time to get together in the 100's of thousands and all support the bank that will trade in cash in the future ,and keep politics out of the banking industry.Boycott the BNZ Now and any bank that tries the same tactics.??
Simple all the fuel stations should band together and refuse BNZ card as a form of payment. Appalling woke decision from BNZ that will undermine their own business.
I've recently seen a few Bank job applications and they are so woke! The questions they ask seem borderline inappropriate questions to ask. I saw a BNZ one asking if I was Maori and what my pronouns are 😮
Although the bank is a private business & has every right to decide who's a customer. Unless there's a law broken then i see a need for the banking ombudsman to look into this as the bank isn't creating carbon by doing business with a petrol station & as far as i'm aware there has never been a prediction come true regarding climate nor do all scientists agree. Personally the bank should butt out & if not then it needs to be taught a bud light
Also isn't BNZ breaking some kind of consumer law misleading via its brand being called Bank of New Zealand when it is actually an australian-owned bank someone should complain about this I might look into it commerce commission potentially.
@@alistermacpherson7120 this type of complacency is what gives woke the tracks to run on. Good on you Maryseugg you go girl !!!, the war on woke is just beginning !!!
When I was at college over 50 years ago, we attended a lecture about the energy source that was about to change the energy market.Hydrogen cells.Big excitement. Still waiting.
This is the toe in the water of ESG’s, through the UN , obviously it’s for our benefit and that these people genuinely love the planet. Also vanguard owns BNZ, my mortgage guy openly admitted it when I questioned him. are we seeing a pattern forming?
No doubt there will be other lenders/banking institutions will see this as an opportunity to happily do business with anyone as long as its financially viable regardless of industry
How bloody stupid. Are all BNZ management and employees going to start riding bicycles to work. I bank with the BNZ but now seriously considering going somewhere else, but who is any better? The ridiculously woke ads for ASB count them out that's for sure.
Can i please correct you Sean. It will never be hydrogen or electric. Unless the consumers become millionaires pretty quickly. 2025 will sort this out for good.
I think TSB and SBS were rated the least woke NZ banks. There aren't branches near me (that I know of) but I do most banking online anyway so... (edited)
Kiwis should vote with thier feet and dump service industries like BNZ that can't spell.service . Once they are bleeding customers thier dedication to woke will miraculously change
@@alistermacpherson7120 You might be surprised to know that a lot of people will assume the BNZ as a New Zealand company and maybe putting their money there thinking they're supporting New Zealand when the profits are actually being siphoned off to Australia. Why would you say who cares. Slap head
Luxton spoke about this on zb this a.m.sounded abit pissed off with them and will be talkihg to banks about this in the upcoming banking enquirey.betcha they are invested in the mining industry in australia.
Last I heard they are in trouble because they were extracting cheap uranium out of Africa, but the country involved wanted to kick them out. Not sure how or if the situation was resolved. This was a couple of years ago.
Perhaps this Matakana Petrol station might get more business if it actually charged competitive pricing for petrol. ALWAYS the most expensive petrol in the whole area - drive up to Wellsford to the Gull Service station there and save upwards of 10-20 cents a litre.
Sean, your closing comments on the future of Hydrogen as an alternative to fossil fuels are widely disputed. With current technology hydrogen fails as a viable alternative fuel source due to fundamental inefficiencies and economic challenges. Its production is energy-intensive, with significant losses during electrolysis, compression, and transportation. While hydrogen initially seems promising, it requires more energy to produce than it generates, achieving only 38% efficiency compared to electric vehicles' 80%. The infrastructure is prohibitively expensive compared to electricity, with limited refueling stations and high production costs. Cost efficient ransportation of the smallest molecule is highly challenging if not practically impossible, and the pipe connecting your car to the hydrogen source often freezes on due to the low temperature of the hydrogen. Rare metals like iridium needed for fuel cells are in short supply, and most hydrogen production methods remain environmentally harmful. Battery electric vehicles consistently outperform hydrogen in cost, efficiency, and practicality, making hydrogen an impractical solution for sustainable transportation. Of course, this may change with evolving technology, but the basic physics of hydrogen production make electricity a better alternative for the foreseeable future.
The Banks with this attitude are Nuts, somehow the JACINDA effect will all be eating Humble Pie & the Dreams of Electric Cars owned by everyone without a capacity to Re- Charge them all is just a Mirage on the Horizon. Go Matakana Gull.
Independent petrol retailers are not the fuel companies. Where I live over the last 6 months we've seen 3 Independent petrol retailers close. One was BP, two Caltex. All on main roads, all busy. But if they can't get say a loan to upgrade their premises, can't sell their business because buyers cant get loans...or something like that, they are gone? I thought it strange but now I'm wondering what else is going on.
This really shouldnt be news. This has been building for years, right in front of your eyes. You're just now starting to see government/corporate driven climate policy impact your everyday lives.
Please excuse my People , I'm currently involved with the reshaping of Europe , And the Defence of Greater Britain , and Canada , And the development of Africa , And South America ,with Australia is of particular importance to me , family and all that stuff 😂🤣😂🤣🤣🤣"🤲" 😉😘😎🎱
No support for small businesses.....No loans for the Petrol retail stations.. Time to boycot the BNZ....
Bnz gone
Why...do you think it is wrong for a bank to see a sector will be in clear decline by 2030...and start adjusting their exposure...and protecting their shareholders?
@@parttimephilosopher7097 and deposit holders (us).
@@parttimephilosopher7097 🤣🤣😂😂
@@peterborich1383 You must be very easily amused.
The answer is simple. Nobody working for BNZ should be allowed to buy petrol from any petrol station in NZ. They'll come around
Yep, and anything made from petrolium ie plastic etc. Hippocrits.
Nor should they be allowed to fly on any plane fueled by petroleum products.
Now that is a real practical approach to these arrogant banks with their narrow minded WEF propaganda they are attempting to pedal .
@@harrywp5785 Another disillusioned dreamer,it's Business as usual for BNZ,there are actually more IMPORTANT issues facing NZ but then simple minds focus on simple issues
The BNZ is following the most important rule in the banking business, Do not lose the customers money.
They need the Bud Light treatment
yeah, what other bank you going with?
@@mra4955 they'll all be irrelevant when cbdc is introduced
this is another part of the war on rural living and food supply neither of which will exist without petroleum
That's not really fair... I hear that 100% of liberal leftists who have never been on a farm have determined that farmers don't need petrol. They also say we will also have more efficient farms if we plant all of them in trees. In fact they say all farms should free themselves from all animal exploitation as well. That is the goal.
Don't question the "science".
Even worse in Oz where the distances are so much greater. Governments will have to pass legislation to protect vital infrastructure and evs are just not viable yet as the default.
@@damionkeeling3103 Well Mastermind Petroleum ain't going to here for ever.
They want you in low emission 15 minute cities not rural! How dare you have freedom and your own space!
@@alistermacpherson7120 thats another debate entirely mate and just a straw man, stay on topic we are discussing the stupidity of pulling infrastructure out of commission _before_ replacements are in working order. As Damion pointed out EVs lack the vital electrical infrastructure to support their use and to add to this commercial EVs are only at conceptual stages..
May I ask *what steps are you personally taking to mitigate global warming?* 🤔
I live completely off solar energy myself
About time it ceased to be called the Bank of New Zealand isn't it, for it is not owned by New Zealand or headquartered in New Zealand...
Seem to recall NZ Govt bailed them out a few years back.
Petrol station owners should refuse to sell bankers petrol... this draconian edict comes from blackrock....
They will have to drive a bullet proof Cybertruck. At least they do not rust out like an Anglia 105E or a Holden Monaro.
The arrogance of BNZ and their virtue signalling! Customers should leave the BNZ in droves ...Disgraceful behaviour by BNZ.
It is not virtue. Petrol stations are a bad risk. They are about to go obsolete.
@@KuriosDiogenesJar In what lifetime?
@@Astrodoberman Review our opinions in 5 and the 10 years time. One of us is right. I will not be lending money to petrol station businesses, because I am fond of my money. Even if the odds were 50/50 it is still too dangerous.
@@KuriosDiogenesJar BNZwank managers getting drunk with their woke power. Legal lending docs get drawn up so tight a fart can't escape death's grip, always stacked in the bank's favour....there is never any risk to the bank. They only lend you an umbrella if you already own gumboots, rain-hat and raincoat and promise to never go outside when it rains. if you do happen to go outside in the rain they have a mortgagee sale and sell up your rain gear to recover the high costs of umbrella maintenance, not withstanding you have already paid enough interest to buy 100 umbrellas in the meantime.
in 5-10 years time we'll all be under water because the polar ice caps will melt and the heat waves will kill us all.......oops that was falsley prophesied 20 years ago perhaps I'm wrong????
@@KuriosDiogenesJar They are not about to to go away...but you are right. A sector can lose much of it's profitability long before it goes extinct. They will be needed for another couple of decades...but no where near as many.
How about a customer boycott of the BNZ?
No worries. I am a starter
I want to. But what other bank? They all signed up to ESG policy.
I'm leaving bnz Monday. I am to an ex staff member. Go woke to go broke.
@@mra4955I don't think they are all refusing loans though. So there are at least four, ANZ, Westpac, ASB, Kiwibank.
@@jamesoneil4905 which bank?
BNZ just lost my business
@@blairhammond5456 same. But for who?
keep away from a.s.b. banks as nutcase maori managers in them who anti whites
I hope every single customer of the BNZ goes to their BNZ branch and closes it ,no if's or but's or maybe. I know the green mob won't, but if you think, why should you go to this trouble!? That is simple, they will ( BNZ ) come after you, your family members, and your friends, businesses, employers, and employees, this has started in the UK. The only thing that will stop corporate overreach is to hurt their profits.
Loser
This isn't just one bank, you can't just leave a bank and go somewhere else, they are all doing it. All partnered with Blackrock and adopting 'ESG' policies. What really needs to happen is the govt needs to prosecute the banks for being architects of social manipulation, where they have no mandate
and prosecute architects of social manipulation where they have a mandate.
Govts themselves are doing this. Who voted any govt in to promote the trans ideology? I hope all those affected get their day in court in years to come but look at what happened to the families affected by Agent Orange - left high and dry until most of the worst affected had died after decades of being ignored.
@@mark561 the government is literally the ones forcing banks to do this smh
Thanks again jacinda and her woke buddy's taking us back to the stone age while they fly around the world first class..
Thanks to Roger Douglas, Derek Quigley, Ruth Richardson and their fellow travellers who made it possible for the BNZ to be sold to private interests. We lost an important backstop.
Won't be long, and banks will treat all of us in the same manner.
And you will continue to take it
@canUfeelMYface No way out. Currency will soon be digital.
@@georgemooyman7155 They do now
I would never put a $1 dollar into the bnz they are full of bs
Ditto
oh yeah, which bank are you with?
@mra4955 kiwi bank
Leave the woke BNZ now. Moral hypocrites.
They are not the only bank setting off down this path.
Oohh no, not the terrifying wokeness. Lordy lordy save us all.😂
@@DrRatweasel Not woke. Just out of touch with the real world
@@andrewm8610 yes, but leave them for which bank?
We need to get our pay in cash and then banks will listen to us instead of bullying us
Don’t bank with them. People Power💪
Everyone needs to stop banking with BNZ right now!!
Well done Sean
thanks- Sean O'Dwyer-
...and we want a cashless society!?
People need to think of the implications of a cashless society.
@@bronwynshelley966 yes tracking your dollar and restrictions on you money if you dont conform with the govt of the day{aka }communists
The citizen do not want a cashless society.
No we do not the controllers do
Cashless society? My backside.
The major banks have already put firearms businesses on the "do not lend" list. Starting to feel that anything rural or self sufficient is getting targeted by the corporates
Ongoing western hoplophobia, eagerly seized upon for virtue signaling.
What do they think our Ambos, Police vehicles, and Fire appliances fill up on?
good point , and what do our delivery service trucks fill up on?, will BNZ staff stop eating at their customer's cafes and restaurants supplied by deisel trucks?
They don’t care , we just suffered an asymmetrical warfare attack called Covid , killed many when are people going to wake up
Or planes fly on or food is produced and delivered by?
@@nickcarter6640 Not to mention much of our clothing manufactured with and by fossil fuels.
The urban left seem to actually believe products magically appear in the shop concerned. Primary production, manufacturing, and distribution doesn't exist.🤷
I was a BNZ customer..
@@geofflewis8599 Gee they will miss you.
BNZ banking. Soon to be irrelevant
@@alandillon4956 Now I know you are deluded
The BNZ should stay out of these issues and just concentrate on banking services
@@KeithFletcher-kb5dv all the banks are required to consider climate related 'risks' in their lending services. This is government.
@ since when and what has the government got to do with enforcing environmental policies on the Banks and if so why not other businesses that affect the environment.Kiwibank was able to refinance their mortgage so what you are saying does not stack up
@@KeithFletcher-kb5dv Since when has the government got anything to do with enforcing or influencing market direction of private entities through legislation?
You must be new to earth.
@@mra4955 I think you are reading my reply all wrong as what you are saying agrees with what I am saying
@@KeithFletcher-kb5dv probably.
Could this be NZ's first Bud Light moment???????
Nah, mainstream news was.
Great story ... onya Leaine
Probably every retail shop, supermarket, electronic, clothing, vehicle retailer, tar on our roads etc has a direct link to oil or its bi products. Either the bofans at BNZ don't know this or these shops will be next.
If BNZ are going to have a stand on fossil fuels and lending then they also need to cease lending to any fashion related businesses because they require a huge amount of oil to produce the synthetic materials that go into fast fashion which is causing a bigger problem to our environment than gas is so where are they drawing the line here they're getting involved in something that they don't understand
Also medical companies, hospitals, doctors, pharmacies, construction, all retail, anything that uses any type of plastics or plastic type product...in other words every forken business on the planet!!
Exactly BNZ obviously think the public is stupid and only think oil is used for petrol when it's actually used in just about every product you buy from your laptop to the cosmetics you purchase to the clothes you wear
Time to get together in the 100's of thousands and all support the bank that will trade in cash in the future ,and keep politics out of the banking industry.Boycott the BNZ Now and any bank that tries the same tactics.??
Simple all the fuel stations should band together and refuse BNZ card as a form of payment. Appalling woke decision from BNZ that will undermine their own business.
Cancelled my BNZ accounts off to Westpac
I've recently seen a few Bank job applications and they are so woke!
The questions they ask seem borderline inappropriate questions to ask.
I saw a BNZ one asking if I was Maori and what my pronouns are 😮
@@Harkness197 Giess you didn't want the job
Wait till CBDC arrives, there's potential for a lot more of this, on all sorts of political whims.
No it will be total control of everything down to the air you breath
BNZ is toast
Bankers ... there's a word that sounds similar and comes immediately to mind.
As a kiwi in Australia who banks with BNZ’s parent NAB. I’ve just closed my account and pulled any relationship with a woke banking institution
Could also have a lot to do with Blackrock.
Although the bank is a private business & has every right to decide who's a customer. Unless there's a law broken then i see a need for the banking ombudsman to look into this as the bank isn't creating carbon by doing business with a petrol station & as far as i'm aware there has never been a prediction come true regarding climate nor do all scientists agree.
Personally the bank should butt out & if not then it needs to be taught a bud light
Didn't the govt in the past bail the bnz out
Twice........
It's not just BNZ ,they all are going to do it.
Also isn't BNZ breaking some kind of consumer law misleading via its brand being called Bank of New Zealand when it is actually an australian-owned bank someone should complain about this I might look into it commerce commission potentially.
Is that the most important issue in your life
@@alistermacpherson7120 this type of complacency is what gives woke the tracks to run on. Good on you Maryseugg you go girl !!!, the war on woke is just beginning !!!
@@Marysuegg Well we have a Coalition government misleading us
I was with you until the hydrogen reference as being the answer. Pipe and dreams came to mind, check on all the failed and costly experiments to date.
When I was at college over 50 years ago, we attended a lecture about the energy source that was about to change the energy market.Hydrogen cells.Big excitement. Still waiting.
This is the toe in the water of ESG’s, through the UN , obviously it’s for our benefit and that these people genuinely love the planet. Also vanguard owns BNZ, my mortgage guy openly admitted it when I questioned him. are we seeing a pattern forming?
Sean - The major trading banks are flirting with banking services withdrawal from farmers/farming as well. Worth a look, do you think?
And organisations like The Platform will be next.
Well our banking at BNZ is gong to kiwi Bank.
over the last six years I have visited this station every time I have been through Matakana, mainly to get fresh Ice, always good service.
Hydrogen is going nowhere.
BNZ policy seems counter productive to me. Petrol stations are putting EV chargers in.
I don't know why................
They will
Go bankrupt 😂
NAB (National Australian Bank) , own the BNZ.
No doubt there will be other lenders/banking institutions will see this as an opportunity to happily do business with anyone as long as its financially viable regardless of industry
Think we'll change to Rabo bank..
The bank that forces foreclosures and collects farms. Good idea....
You are a bank not a political advocate for the greens.
How bloody stupid. Are all BNZ management and employees going to start riding bicycles to work.
I bank with the BNZ but now seriously considering going somewhere else, but who is any better?
The ridiculously woke ads for ASB count them out that's for sure.
Close them down. Must be a green in charge of bnz.
Classic mindless moronic statement.
Maybe they have been offered tax breaks if they don't lend to the petroleum industry.
UA-cam hero WEF UN Ardern effect.
Can i please correct you Sean. It will never be hydrogen or electric. Unless the consumers become millionaires pretty quickly. 2025 will sort this out for good.
Net zero is rubbish, wish the greens would stop wasting fuel on so many flights.
I think TSB and SBS were rated the least woke NZ banks. There aren't branches near me (that I know of) but I do most banking online anyway so... (edited)
Funny look how many tesla cars are on the roads we don't have power to run them
Our power bills are going up to service the owners of Teslas and other Electric cars.
Recommendation, just dont go with BNZ.
Kiwis should vote with thier feet and dump service industries like BNZ that can't spell.service . Once they are bleeding customers thier dedication to woke will miraculously change
So I hope the BNZ has no accounts for car dealerships ?
Seriously considering changing banks, I've been with bnz for years
Hmmm...so with that logic, they will stop providing personal loans to fund fuel driven vehicles...!
Do they not realise that ICE vehicles are going to be around for decades to come?
BNZ are a rubbish bank
NAB in Aussie. This is nonsense…..but there is a Lot of silliness going on in this country!
ESG Corporate Environmental Social Governance at play.
This just proves that this isnt just a conspiricy! As much as Sean likes to rubbish everyone
kiwibank is woke asf too. He'd be better off with Co-operative I think.
Coop are not good either. There staff were mandated to be Vxd or couldn't work.
@@austingtir they'll all in on it
If he were to, "Grow a pair" would that mean four of them bouncing around down there?
Shame!! Economy is in the shit as it is. BNZ making it harder for business. Time to boycot BNZ
National Australia Bank
Stop taking BNZ cards as payment.
Just opened an account, will be closing it just as fast.
Sean can you put a poll on your channel asking if people think the BNZ is New Zealand owned
Most of us already know,who really cares
@@alistermacpherson7120 You might be surprised to know that a lot of people will assume the BNZ as a New Zealand company and maybe putting their money there thinking they're supporting New Zealand when the profits are actually being siphoned off to Australia. Why would you say who cares. Slap head
Luxton spoke about this on zb this a.m.sounded abit pissed off with them and will be talkihg to banks about this in the upcoming banking enquirey.betcha they are invested in the mining industry in australia.
You actually listen to ZB?
Mineral Oil is magma condensate; Fossils are made of stone - try putting that in your tank...
" The borrower is subservient to the lender " ...grasshopper...
no - there is no way that hydrogen can be used for this. Thats a ridiculous idea. Shows how mad people are
Closing my account tomorrow
@@janemorgan5477 where you going?
France has been using nuclear for several decades. Does anyone know how that has gone.
Last I heard they are in trouble because they were extracting cheap uranium out of Africa, but the country involved wanted to kick them out. Not sure how or if the situation was resolved. This was a couple of years ago.
I love it Sean, some Lanyard Wearing……plonker. Yes Matakana is a Great Spot up North.
I'M RICH AND I'M SORTED nz's PM
Perhaps this Matakana Petrol station might get more business if it actually charged competitive pricing for petrol. ALWAYS the most expensive petrol in the whole area - drive up to Wellsford to the Gull Service station there and save upwards of 10-20 cents a litre.
Need another bail out from hard working petrol using New Zealanders bnz?
Sean, your closing comments on the future of Hydrogen as an alternative to fossil fuels are widely disputed. With current technology hydrogen fails as a viable alternative fuel source due to fundamental inefficiencies and economic challenges. Its production is energy-intensive, with significant losses during electrolysis, compression, and transportation. While hydrogen initially seems promising, it requires more energy to produce than it generates, achieving only 38% efficiency compared to electric vehicles' 80%. The infrastructure is prohibitively expensive compared to electricity, with limited refueling stations and high production costs. Cost efficient ransportation of the smallest molecule is highly challenging if not practically impossible, and the pipe connecting your car to the hydrogen source often freezes on due to the low temperature of the hydrogen. Rare metals like iridium needed for fuel cells are in short supply, and most hydrogen production methods remain environmentally harmful. Battery electric vehicles consistently outperform hydrogen in cost, efficiency, and practicality, making hydrogen an impractical solution for sustainable transportation. Of course, this may change with evolving technology, but the basic physics of hydrogen production make electricity a better alternative for the foreseeable future.
Oil will always be king not enough energy for ev
Hydrogen? LOL. No chance. And good luck finding a petrol station in a few years. BEV’s are here to stay.
Where you their when Ari Vatanan, Walter Röhrl, Stig Blomqvist, Hannu Mikkola and Michelle Mouton came through from Warkworth?
...there...
They give you an umbrella when it is sunny and take it away when it is raining
The Banks with this attitude are Nuts, somehow the JACINDA effect will all be eating Humble Pie & the Dreams of Electric Cars owned by everyone without a capacity to Re- Charge them all is just a Mirage on the Horizon. Go Matakana Gull.
Ok, so what bank is not involved in this net zero nonsense??
whos choice is it- been spoilt all this time big business rules no matter what industry and you cant do shit about it.
You've seen their profits Sean... Fuel companies do not need loans.
Independent petrol retailers are not the fuel companies. Where I live over the last 6 months we've seen 3 Independent petrol retailers close. One was BP, two Caltex. All on main roads, all busy. But if they can't get say a loan to upgrade their premises, can't sell their business because buyers cant get loans...or something like that, they are gone? I thought it strange but now I'm wondering what else is going on.
What is it with right wingers and hydrogen? It's an absolute no go for cars
so is it time all kiwis joined together and switch to kiwi bank, and support our country? I'm with BNZ but now re thinking seriously.
This really shouldnt be news. This has been building for years, right in front of your eyes.
You're just now starting to see government/corporate driven climate policy impact your everyday lives.
Please excuse my People ,
I'm currently involved with the reshaping of Europe ,
And the Defence of Greater Britain , and Canada ,
And the development of Africa ,
And South America ,with Australia is of particular importance to me , family and all that stuff 😂🤣😂🤣🤣🤣"🤲" 😉😘😎🎱