Bennett GlenGLEN BENNETT (Labour—New Plymouth): Kia ora Madam Speaker. It's wonderful to be standing here in the House this afternoon debating reflecting and supporting legislation that goes some way to improving our fuel resilience. Now I'd like to indulge you for moment—for not too much but just a little—around fuel resilience and my experiences of it personally. I'm sure many of us remember the old days of being young owning your first or second vehicle—some of you may remember being young—or being a student whether it be a student of university or polytech or a student just of the world. I was that student of the world and when it comes to fuel resilience and this legislation I owned a Holden HQ 1972. It was a wonderful vehicle. It had two sources of fuel. Hon Gerry Brownlee: One of the greatest cars ever made. The HQ—absolutely brilliant. GLEN BENNETT: That's right the old HQ. It's actually the one car I regret selling but I did—I did. This had two sources of fuel: it had petrol and it had LPG. So it was dual-fuel which relates very much to this piece of legislation because the issue I had around my resilience and my fuel was you'd think that you'd never run out of fuel because you had two sources—right? Well unfortunately what happened is you'd drive along and you'd be cruising—and I lived in Wellington at that stage. You'd be cruising on the motorway out to the Hutt. You'd run out of LPG so you'd just flick the switch and you'd be back on to petrol and you'd be fine. You'd carry on with no catastrophes no dramas. The challenge I had in terms of the resiliency of my fuel sources was the fact that as a younger person with less money sometimes I would either neglect to fill up one of my fuel sources or I couldn't afford to that week. So I would just run off the fumes or the smells or the gases that were coming through. Now this was going well and in terms of the Fuel Industry (Improving Fuel Resilience) Amendment Bill I guess in a local context for me as a Holden HQ driver—two-tone gold; it had a beautiful white roof—I was off to work one morning and I flew into the Terrace Tunnel as you do heading out to the Hutt Valley where I worked at the time. As I hit the Terrace Tunnel I conked out of LPG—I ran out. No worries whatsoever—you know there's fuel resiliency in the Holden HQ. I flicked it through on to petrol—easy does it off we go. Uh-uh uh-uh uh-uh uh-uh"—it was one of those days. It was 8 o'clock on a Tuesday morning and I had no fuel left in the tank literally on both types of fuel. Hon Gerry Brownlee: So you were the guy who locked up Wellington? GLEN BENNETT: So I was that guy. As we look at this legislation we look at it because it does talk about how we ensure around the potential cost to the economy. I don't want to admit to being that guy but I did break down—well I didn't break down at all. I ran out of fuel in the middle of the Terrace Tunnel. Of course I thought that everyone was coming to my aid to help me but of course it was rush hour and no one cared at all so I was stuck there. I got out to use the phone—this was before cellphones. I got out to use the phone but the phone wasn't working. I thought "That's fine. Some dear person will save me." No one came to save me—no one—until a kind police officer who had obviously had several calls because by this stage I was holding up a lot of traffic came through to save me. So they towed me to Tinakori Road to the petrol station there—and there is relevance to this legislation as I speak. ASSISTANT SPEAKER (Hon Jacqui Dean): Oh I hope so. GLEN BENNETT: We pulled in to the petrol station at Tinakori Road I filled up and of course went in to pay and the person at the counter said "Oh jeez! What happened with you?"—you know the police were getting involved. I said—around resiliency and around the cost that it takes if we don't have resiliency—"Oh no it's a bit embarrassing. I ran out of petrol in Terrace Tunnel." "Oh you're the guy? It's all over the radio. The traffic's held up for miles."—slightly embarrassing. It was my fault and I take full responsibility for my actions. But when we look at this legislation it's not too dissimilar—or maybe very not similar at all—but why I say that I looked at it is because it was around the risk that disruption creates if we don't have fuel resiliency in this country. As we look at it it could be millions of dollars if we don't have enough or it could be billions of dollars and on that morning in the Terrace Tunnel hopefully it was only tens of dollars that I held people up with if not myself. But actually it is around how we find ways to ensure that we as a nation have fuel resiliency that we ensure that we have fuel stockholdings and that we ensure that our fuel is available whether it comes to our planes whether it comes to our trucks and our buses with diesel or whether it comes to petrol itself. Other speakers have spoken about it but my Holden HQ it used petrol but it also used LPG. So when we look there it's 28 days of consumption for petrol on average it's 24 days of consumption for jet fuel on average and then there's the 21 days of consumption for diesel on average. Now the reason we are bringing this to the House this evening and hoping and looking forward to taking it to select committee—so far we've heard that every party is supporting this legislation—is around boosting our fuel supply resiliency and our economic security to make sure that we get it right.Now I was listening to the ACT Party before and I picked up a few of their comments. I mean they threw things around about red tape. They wouldn't know red tape if they fell over it because in my electorate of New Plymouth they are putting up hoardings in the electorate currently which actually are illegal and have had to be taken down. I guess if they had the "Ministry of Red Tape" there then maybe that would have helped them out. But when they talk about our threatening New Zealanders and our obsession with ridding people of diesel and ridding people of big cars I take exception to that. Also when they talk about our "incoherent" energy strategy I don't understand how they could actually think like that. But then I don't spend too much time thinking about what the ACT Party think about because it's not really much to think about.So this bill does provide flexibility to introduce location-specific stockholding requirements through legislation into the future. When we go back to those different days around whether it be 28 24 or 21 days that again is what we look at in terms of the minimum fuel stockholding obligation or the MSO as I like to call it—in fact everyone likes to call it that because it's actually in the legislation. But this MSO is around reducing the risk that fuel stockholding and therefore fuel supply resilience could deteriorate as a result of international geopolitical events. As we've seen around the world and if we look at what's going on in the Ukraine we hope that there aren't any more incidents or situations of that sort. But we know that the volatility sometimes of nations around the world does have an impact on us. I need to remind us as a House—and I'm sure I don't need to—that we are a small tiny South Pacific nation at the bottom of the Earth and—Matt Doocey: Outrageous! GLEN BENNETT: That's not outrageous Mr Doocey; it's a blessing and a wonderful thing to be this beautiful small Pacific nation at the bottom of the world. But it creates challenges for us. It creates challenges for us in terms of our ability to draw down resources and to bring things from far away.I want to close this very significant reflection to the House this evening by saying that I was part of the Taranaki 2050 Roadmap work in and around how do we decarbonise and how do we look to our future when we become carbon-neutral—when we ensure that our emissions not only drop but we hope that they will end. So this legislation is for now but then I look at things like what we have in Taranaki and in the New Plymouth electorate like Hiringa Energy which is creating our own source of green hydrogen. Again it's a great initiative and it's looking at how we actually turn that into something to add into our trucking industry around the North Island and around the South Island. Again that would be autonomous. We'd be having our own green hydrogen that we have here locally. When we look at the offshore wind energy and again supporting that around green hydrogen it's not the complete solution but it's an "an"—it's a part of our transition process. But it's also a part of us as a small nation ensuring that we have our own autonomy so that we are able to have what we need for when we need it and have the kinds of resources that ensure that future generations will benefit from the fact that we have clean and cleaner forms of energy. So the Fuel Industry (Improving Fuel Resilience) Amendment Bill is good legislation. My Holden HQ wasn't the greatest car but it was a car that I none the less took great pleasure in driving. I didn't take great pleasure in breaking down or running out of fuel but for me it's something that I am grateful for.ASSISTANT SPEAKER (Hon Jacqui Dean): The member's time has expired. The Hon Gerry Brownlee—a five-minute call."