Shane Jones: Resources Minister on banks reducing services to fossil fuel businesses, his comments to the Green Party

The Resources Minister is hitting out at banks for punishing "god-fearing regional businesses". 

New Zealand First's Shane Jones has told The Australian newspaper banks are imposing "woke-riddled" costs on a productive sector, by reducing services to fossil fuel businesses.  

Jones told Mike Hosking he has every right to fight this, despite banks struggling with things like margins and the commerce commission at the moment.  

He says the fossil fuel businesses are doing nothing wrong, what they're doing is offending executives' luxury beliefs. 

Jones says the coal industry is an “honest, legitimate industry”, and people will back electricity before they back chilliness. 

Winston Peters and Shane Jones aren't backing down over their comments about foreign-born Green MPs. 

Peters has told the MPs they have ideas "foreign to the country", and they should show some gratitude for the country. 

Jones referenced U.S. President Donald Trump in his jeers, yelling, “Trump! Trump! Send the Mexicans home!” 

Peters says MPs should go somewhere else if they're too soft for robust Parliamentary debates. 

Jones told Hosking "it's a Mexican stand-off". 

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Episode Transcript

Speaker 1 (00:00):
There is a scrap brewing between government's political parties and banks.

(00:03):
Right so, the fossil fuel industry is increasingly worried about
the attitude of banks towards their industry. Peter Dutton, who
might well be the new Prime Minister in Australia in
a couple of months cause banks woke, wants them to
trick coal and oil and gas like any other business.
Resources Minister here has jumped on board and there's now
talk of a member's bill to force the banks here
to play ball Resources ministers of course Shane Jones.

Speaker 2 (00:22):
As well this morning bonding folks.

Speaker 1 (00:25):
Is there a problem here, a real tangible problem here?
Is this just a theory that banks aren't playing ball?

Speaker 2 (00:32):
Well, not tomorrow and why he Corrimandel. I'll be giving
a critical speech and I'll highlight actual examples where mineral
firms are being debanked by these groupies, climate groupies that
have infested our banks, driven by this false ideology coming
out of the United Nations. This is not something new
I campaigned against this. I actually said during the last

(00:54):
campaign that New Zealand First would not be frog marched
to the altar of climate cultism. And this is an
upper unity to reinforce it ensure that companies that are
legitimately engaged in regional economies aren't juvenile existence by these
corporate undertakers in the banking sector.

Speaker 1 (01:11):
The banking sector has already got problems with your government
around margins and the Commerce Commission and all of that.
Do they really need a fight like this.

Speaker 2 (01:20):
Or who brought this garbage to the table New Zealand
At Fursten The banks themselves are writing letters threatening to
dbank god fearing regional businesses. They have no options in
terms of transactional banking. They are not breaking any commercial
they are not breaking any financial they are not breaking

(01:44):
any statutory law. What they are doing is offending the
luxury beliefs of these directors and executives and their chemtrail
ways are wandering around the world spouting about climate chains
whilst driving regional New Zealand to penury. I've got every
right to take them.

Speaker 1 (02:00):
Mob is are the banks and hoots on this is
at each of the major banks.

Speaker 2 (02:05):
Well, I'm astounded that even Kiwi Bank seems to have
swallowed the green ade here. I mean, if New Zealand
first had have known that Kiwibank was going to be
involved in this type of falsehood highly unlikely. We would
agreed for them to recapitalize on hoping that Kiwibank reconsiders

(02:27):
their position. Look, there's a market just about to say
New Zealand, just.

Speaker 1 (02:34):
About the four majors. If the four majors want to
play that game, why doesn't another bank come in and
seize the day.

Speaker 2 (02:43):
Well, obviously the Prime Minister and our Finance mist are
talking about competitiveness in the banks, the Alsie banks, the
Aussie owned banks, they take their instructions presumably from Australia
and all power to the hand of mister Dutton. But
the Kiwi Bank surely can see opportunity here to look
after Kiwi businesses. I mean, I'm going to tell everyone

(03:03):
on your program the coal industry is an honest, legitimate industry.
There was more coal fired power stations started in India
and China last year. There was more coal sold last
year than any other time. Because there's an immutable law.
People will back electricity before they back chilliness.

Speaker 1 (03:26):
It is true. So it's fair enough to a bank,
so you'll get a cheap loan for a solar panel,
which is fine, but it's not acceptable if you can't
get money, if you want to run a legitimate business,
what legally can you do specifically to make them behave
if they're not?

Speaker 2 (03:43):
Well? Obviously we've got a fivate members bill. I mean, look,
every bank in New Zealand has to operate within a license.
Why on earth should a license be extended to an
ossie owned bank so they can come here and pose
their own warp to moral priorities, impose the luxury beliefs
on garden variety. Kiwis eking out in existence selling minerals

(04:06):
from regional New Zealand. What citizen mandated these culporate undertakers
to impose this system of belief upon us. They don't have, well,
they do have a moral superiority about them. This is
the hippos. They wander around the world, creating chemtrails, going
to these irrelevant talk fests. Anyway, climate change regulations in

(04:30):
New Zealand represent now a major deadway cost har economy
cannot afford.

Speaker 1 (04:35):
Do you think that with the arrival of Trump and
that ideology, and potentially the arrival of Dutton and that ideology,
that this problem could solve itself.

Speaker 2 (04:46):
I think so because the United States of America will
continue to reduce their challenges in relation to pollution. I mean,
climate change is not the only problem confronting New Zealand
and various other nations. We've got oes to other challenging,
challenging issues to deal with them. Unless we generate economics surplus,

(05:07):
unless we keep people employed, unless we maintain buoyancy and confidence,
we won't have the surplus to look after the climate.
I think that the high tide mark this climate group
think and all these group is infesting these sustainability units.
Is usefulness, is ab versity related to the ebb and
flow of capitalism and New Zealand as well, past its

(05:27):
high tide bucks.

Speaker 1 (05:28):
Speaking of which, ironically and tired and the television news
obsessed themselves last night with your behavior, along with your
leader's behavior towards the Greens in general. Do you do
you stand down? Do you apologize? Do you double down?
What do you do?

Speaker 2 (05:40):
No, it's a Mexican standalf Appreciate it.

Speaker 1 (05:47):
James Jones, Resources Minister.

Speaker 2 (05:50):
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