Graham Kennedy: Climate Change Response (Emissions Trading and Other Matters) Amendment Bill — In Committee Speaker Recalled In Committee 
Text is incorporated into the Bound Volume 
Graham Kennedy: Climate Change Response (Emissions Trading and Other Matters) Amendment Bill — In Committee Speaker Recalled In Committee 
[Sitting date: 06 November 2012. Volume:685;Page:6304. Text is incorporated into the Bound Volume.] 
Dr KENNEDY GRAHAM (Green) 
: 
 I just want to pick up essentially where I left off a short while back in introducing my Supplementary Order Paper 147 to the Climate Change Response (Emissions Trading and Other Matters) Amendment Bill to address it in a little bit more detail and then put a question to the Minister for Climate Change Issues if he would be good enough to answer in the fullness of time. 
I want to also just pick up in a sense on the imagery that we were treated to by the Hon John Banks of the erstwhile dairy farmer in—I think he meant—Mangawhai. So we have the dairy farmer up at 3 in the morning and milking at 5.30 a.m. in Mangawhai and he is worrying about his mortgage and his revenue and his costs and his net profit which is the right thing for him and the rest of us on his behalf to worry about especially at that hour. He would also take into account—in today’s world as opposed to the time that the Hon John Banks was mentioning when he was involved with that dairy farmer; the 2012 version of the dairy farmer—and would have heard probably on Twitter rather than his radio kitset that the global emissions of greenhouse gases have to be reduced from 48 billion tonnes to 44 billion tonnes that is gigatonnes from 48 billion tonnes to 44 billion tonnes between 2010 and 2020. He will say to his wife as he comes in for breakfast: “That’s a massive global reduction needed for our grandkids to avoid dangerous and potentially catastrophic climate change. That’s a massive global reduction.” His wife will say: “Yes I agree and New Zealand will have to play its part. It will have to do its fair share.” which is the phrase that has come out of the framework convention and is essentially the yardstick that the Government and the Opposition are using to judge the adequacy of what we are doing. 
So the dairy farmer and his wife have agreed over breakfast that New Zealand has to do its fair share. They will say: “Well how do we find that out?”. The dairy farmer will say: “Well with great respect to the Minister it isn’t by unilaterally plucking out of the air a five-set conditional unilateral target of 10 percent to 20 percent off 1990.” “That will be manifestly inadequate.” his wife will say because she has been reading on the internet as opposed to listening to Parliament and she will be better informed. She will say: “That’s not enough. You must ring the Minister. He’s a decent honourable open-minded gentleman. He will respond to you.” The dairy farmer will say: “Well what’s the figure I should mention?”. His wife is a lot more knowledgable than he is because he is milking the cows and she is following on the internet. She is plugged into box 13.7 of the Intergovernmental Panel on Climate Change’s Working Group III report from 2007 which says that countries like New Zealand have to do 25 percent to 40 percent net in that year including land use land use change and forestry. So the farmer at Mangawhai will approach the Minister and he will say: “I’m informed reliably that New Zealand’s net emissions including land use land use change and forestry were 55 million tonnes in 2010. And for us to be in the mid-point of what is required for our fair share of meeting the global emissions we have to go from 55 million tonnes down to 41 million tonnes net in 2020 and further down to 6 million tonnes in 2050.” 
The dairy farmer and his wife will have agreed on that and are approaching the Minister. They are asking from Mangawhai the Minister to please explain to this House with the emissions trading scheme as it is currently constructed and under the amendments coming through—I will finish on this and I will give 5 minutes to Mr McClay—“What is your critical path during your tenure in office and afterwards so that you will have launched it for the country to go from 55 million tonnes down to 41 million tonnes net in 2020 and 6 million tonnes in 2050 please?”.