Finance Minister Nicola Willis has confirmed the Government has no intention to spend on overseas carbon offsets, if New Zealand fails to reduce emissions to the level agreed under the Paris Agreement.Fact check: Aotearoa's climate target is not "well beyond what was required". It is in fact woefully insufficient, and inconsistent with our (legally binding) obligations to limit warming to 1.5 degrees. Willis' false claim marks her as nothing more than a dirty climate change denier, just like the rest of her party.[...]
To date, successive governments have held off accounting for this upcoming cost in their books.
Now, Willis has confirmed there is no plan to change this.
“It is the Government's position that the most important contribution that New Zealand can make to reducing global climate change is reducing our emissions here at home, and we are working to achieve that,” she told reporters after appearing in front of the finance select committee for Scrutiny Week.
“It is also the case that the NDC the previous government set for us was well beyond what was required. ... We don't think New Zealanders ... would thank us for sending billions of dollars offshore to meet that Paris obligation.”
But the important thing here is that National has effectively announced that it reneging on the Paris agreement. This is a violation not just of the agreement itself, but also of various free trade agreements which reference it and require us to uphold it. Some of those trade partners have already raised concerns; now with the regime officially reneging then that seems likely to - and should - escalate into a threat of trade sanctions. It should also lead to action in the International Court of Justice to force adherence to the agreement, or pay compensation to those harmed by our refusal.
They're also abandoning over 75 years of foreign policy. Since 1945. Aotearoa has supported the "rules-based international order", reasoning that as a small country, a world where countries keep their agreements is better than one where they do not. National is pissing on that. Its not a very sensible thing to do, and it surrenders any right to whine when bigger countries do it to us. But National isn't concerned about any of that. They're driven by an ideology of climate change denial, fiscal short-termism, and pure ratfuckery, a desire to slag off the opposition for saying "we will meet our international obligations".
This is not the action of a credible, responsible governing party. Its is the action of a dogshit vandal regime, desperate to smash as much stuff and do as much damage as they can before they are thrown out of power. The quicker we vote these scum out, the better.