Tuiono TeanauTEANAU TUIONO (Green): Thank you Madam Speaker. I rise on behalf of the Greens to speak on the Dairy Industry Restructuring (Fonterra Capital Restructuring) Amendment Bill—there's a mouthful. I'd just like to thank the select committee the Primary Production Committee for getting the spades in the ground and digging into the dirt around this bill and also to acknowledge the answers that the Minister of Agriculture has given us tonight during the committee of the whole House part of this session. I guess as I talked about in the committee of the whole House when I think about transparency what I would've liked to have seen is sort of more transparency on what the process is about exactly how they would get to that particular milk price. I'm cognisant and I know members around the House have been as well about those smaller players because not everybody wants to go to the big church; some people want to go to the little churches as well. So I wonder if this will actually hit the mark around making sure that there's more independence and less of a monopoly controlled by Fonterra because that is the concern for us as the Greens and that is you know you could check in to the Hotel Fonterra" but you might not ever leave.I was interested in the answers that the Minister gave in terms of the movement out the exiting out of Fonterra into other spaces—of course very important to make sure that if people want to retire they can do that but also how do they move out if they want to move to different land uses more sustainable land uses and that was not clear for me. I do however appreciate the Minister's optimism but unfortunately optimism isn't going to stop environmental degradation.So what I wanted to see in the discussions tonight is actually how this will track to the other things that the Government has signed up for—for example the national emissions reduction plan the national adaptation plan Te Mana o te Taiao the National Policy Statement for Freshwater Management. This sort of clarity helps everybody: helps rural communities; it helps us to meet our climate obligations internationally and locally as well. It's that transparency which is really really important—transparency on the milk price about exactly how it got there so that the competitors the people that aren't in the "Hotel Fonterra" know exactly how that got there and they get a bit of clarity about how that got there as well but also if we're going to talk about emissions and making sure that we can support farmers support rural communities to do the things that make them move to more sustainable land uses that that is all in place.The Greens don't see that in this bill and I have talked about it in the first reading and the second reading as well because we need to in order to achieve our 2050 target including the requirement to reduce biogenic methane emissions by 24 to 47 percent by 2050—reducing agricultural emissions will enhance our reputation actually because we're living in the middle of a climate crisis. It gives you a competitive edge it gives you all the edges if you can show to the market—and also by the way great for our communities great for our tamariki and great for our mokopuna that we are actually doing all of the things that we need to be doing to make sure that we have a low-emissions future making sure that we do all of those things to make sure that we support our communities but actually we have that transparency about how we're going to get there through to the national emissions reduction plan the national adaptation plan and all those other plans as well. That wasn't clear for the Greens so unfortunately we will not be supporting this bill."