Falloon Andrew; Williams PotoANDREW FALLOON (National—Rangitata): Thank you Madam Assistant Speaker. It's with disappointment I rise to speak this afternoon on a failure of Government. With this bill with this Crown Minerals (Petroleum) Amendment Bill this Government has failed New Zealanders in four ways.The first way they've failed New Zealanders is with the economy—it's a failure of the economy. This bill will affect 15000 jobs across New Zealand—15000 jobs. Of those jobs 4500 are direct and 11000 are in related industries. The vast bulk of those people are employed in the Taranaki region. This bill has put them on notice. This bill is the letter in the post saying You'll be out of work." This bill will end 15000 pay packets across the country particularly in Taranaki.It's not just a failure of the economy; it's a failure of potential. In my electorate of Rangitata this bill will end the prospect of 3100 new jobs around PrimePort in Timaru. The Barque gas development would have created 3100 new jobs and a billion dollars in activity in the South Canterbury and North Otago regions. We know that's the case because the permit holder has told us that.The Government opposite has said "Oh no it doesn't affect the existing permits; it doesn't change anything for existing permit holders." Well the permit holder themselves has told us that it does. The permit holder and New Zealand Oil and Gas say that this bill makes the development of the Barque prospect materially less likely—materially less likely. They're now struggling to find investors for this prospect because the bill has had such a chilling effect on the international oil and gas industry and people overseas have said "No New Zealand is closed for business." The way we know that is because they've quoted three large investment companies who've said that. One of them has said "given [the] state of play in NZ at the moment I don't think we'll get much airplay internally. So will pass on this one." Another said "I'm sorry to inform you but [we've] excluded New Zealand from our area of interest". The third one has said "It's been an education for me seeing the reaction by even discussing NZ here!" This bill has had a chilling impact on investment in oil and gas in New Zealand even for existing permits.The third failure of this Government is process. This bill was meant to go off or should've gone off to select committee for six months in the way that every other bill goes off to select committee. Instead this Government have said "No we're not interested in hearing from people. We're not interested in running a proper process. What will we do? We'll do it for four weeks."—four weeks. It went to the Environment Committee. They had two weeks of consultation and two weeks of consideration. Within that they didn't even bother to go to Taranaki—didn't bother to go to Taranaki. The one region that relies on oil and gas in this country and they didn't bother to turn up. The majority of those 15000 jobs are in the Taranaki region and the Government refuses to go there.The fourth failure is a failure of the environment. Deborah Russell has said at length as the chair of the select committee in the first reading that we are burning the planet. She's referred to climate change—in fact many members opposite have referred to climate change as the reason for passing this bill. Well what does their advice tell them? What does the Government's own evidence about this bill tell them? It says the net impact on global emissions is uncertain but more likely to be negative rather than positive. It goes on to say that the bill "will result in a likely increase of greenhouse gas emissions in the short to medium term." So the very reason—the very reason—that this Government has put forward this bill they've failed on. On the very reason that this Government has said which is climate change the Government's own evidence shows that they are wrong. Not one member opposite has ever contradicted that because they don't have the evidence. It's a failure by this Government.ASSISTANT SPEAKER (Poto Williams): I understand this is a split call. You have five minutes Angie Warren-Clark."