(Beehive Website) 16/1/2023 Trade & Export- Agriculture Minister Damien O’Connor (Beehive Website) to attend the World Economic Forum and visiting Europe to discuss the agriculture Trade and in climate change and food security, World Trade Org., (UN) reform and NZ Agriculture Innovation in meetings at DAVOS then travelling on to Berlin for the Global Forum for Food and Agriculture meetings with the German Govt and industry leaders. (Refers to Climate Change challenge of all countries). Beehive report that “The World Economic Forum bring together civil society, business, political leader annually  (Did not mention philanthropist like Gates, nor royalty and those wealthy from Silicon Valley)

The Beehive documents that “This years World Economic Forum theme is ‘Cooperation in a Fragmented World’. Damien O’Connor participating in a panel on indigenous trade and attending a Swiss hosted ministerial meeting with a Canada hosted group namely the ‘Ottawa Group’ Damien O’Connor said that the Global Forum for Food and Agriculture provides a showcase for NZ’s global leadership, innovation in sustainable agriculture. It’s the worlds largest informal conference of agriculture ministers and industry. NZ’s attendance is reported t enhance the govts credentials as a global leader in agriculture innovation.

The Ottawa Group meeting presents the opportunity to discuss how we work towards this goal with our partners,” Damien O’Connor said.

Damien O’Connor said the Global Forum for Food and Agriculture provides a platform to showcase New Zealand’s global leadership and innovation in sustainable agriculture. O’Connor was” looking for partnership opportunities for climate research in agriculture” he said. O’Connor referred to the WEF DAVOS meetings and the Global Forum for Foods and Agriculture as an opportunity to lobby for the ratification of the EU-NZ Free Trade Agreement as well as for NZ’s candidate for Director General of the International Organization of Vine and Wine (OIV) Dr. John Barker. Damien O’Connor travelling from 17/1/2023 to 25/1/2023

LINK

https://www.beehive.govt.nz/release/trade-and-agriculture-minister-attend-world-economic-forum-and-global-forum-food-and

Marsden Point Oil Refinery was established in 1964 Come November 2021 it was confirmed that Marsden Point Oil Refinery would be shut down in April 2022—no longer operational in supplying the domestic security of oil and other products essential for the security, economy and infrastructure of New Zealand, instead we would have to rely on shipping imports.

Referring to the shutdown Wayne Butson -General Secretary- Rail & Marine Transport Union said “the closure was driven by short term interests of fuel companies who owned the refinery, thus undermining fuel security for NZ. A big risk of supply chain disruptions has left NZ dangerously exposed, totally dependent on refined oil being shipped in from overseas tankers. The Australian Govt had decided to step in when two of their refineries were threatened to close, underwriting them to ensure Australia’s fuels security.  NZ Government could have done just the same, but they chose not to. Marsden Point Refinery produced premium, regular petrol, diesel, automotive fuels, kerosene, jet fuel,  fuels (LFO, HFI and HBFO) Bitumen and CO2 for food packaging etc., as by products. Marsden’s produced a large proportion of NZ’s CO2 for packaging of meats, cheese, fizz for carbonated drinks etc., CO2 prohibits bacterial growth in food packaging. January 2023 the government said CO2 supplies are being rationed. Todd Energy is Taranaki was the only other supplier that too was shut down.

Since then bottled CO2 and dry ice has skyrocketed in price, this posing a problem for food producers & craft beer manufacturers. CO2 is also used to chill some medical supplies during transport. Te Whatu Ora Procurement Director said “hospitals were low users of CO2 but would be effected by the closure of Marsden however they were prioritizing supplies for critical services. Gas distributors are also prioritizing crucial-use customers. Megan Woods was warned by officials that the domestic supply of CO2 would be affected by the closure of Marsden. Meat companies were reported to be struggling to obtain CO2. The Transport Unions renewed calls for Marsden Point Refinery to be reopened to return to operational status even if its necessary for govt ownership.

Marsden had been providing 70% of NZs bitumen for NZ roads, 30% was imported, now 100% is imported. The imported bitumen has caused costs to rise on road maintenance. Reports were becoming a common occurrence of potholes and seal sticking to car tyres. Bugger the roads it appears that Carbon Net Zero 2050 is top of the list, cycles ways, wider footpaths, making special ways for E scooters, walkers etc., deleting car spaces and shutting main drags off to motor vehicles in city shopping area’s. The Governments extra hundreds of millions on these projects. The Govt determined to get Kiwi’s out of their cars, its no longer a nudge, or a shove it’s a bloody push.  National like Labour and Greens are on the same page.

Maori Party  Tame Iti off on 300km cycle way. Environment Govt NZ. Role of Maori in the transition to low emissions- active transport-walking, cycling etc.,  (pdf 99 pages) Role of Māori in the Transition to a Low-Emissions Economy Discussion document for Ministry for the Environment – Manatū Mō Te Taiao Prepared by Dr Richard Meade Cognitus Economic Insight, Māori cultural assets in navigating the transition are also emphasised. The CCC’s recommendations present possible opportunities for these cultural assets to be used to the advantage of Māori

Stuff NZ reported 4/5/2022 $2 billion on cycle lanes to achieve Aucklands Climate Goal. May 24^th 2022 research funds ‘cycling is the happiest way to trave. Try it with three children on a wet windy cold day. NZ was reported to be the first country in the world to fund pop-up bike lanes. Other cities in NZ can apply for 90% funding from central govt for this.

Walking, running, E Scooter, Cycling just get people out of their cars and also on to public transport. Public transport services have been seriously disrupted.   And petrol prices up at the pump, hence food prices significantly higher, as are service providers charging more. Increased cost of $4.4 billion for City-Rail Link. Uncertainty over funding $1.4Billiob Eastern Busway. $1 Billion hole in transport budget. Auckland Transport share of public transport revenue falling from 40% to 20%.   No money to address Kainga Ora Housing developments. Many projects now delayed. Take a hike, ride your bike, e scotter, walk but cannot rely on public transport. RNZ reported 8/4/2022 confirmation ‘NZ Government have already started digging into our reserve supplies which are held in Spain and UK.  Govt phasing out fossil fuels with clearer guidance consulting with Iwi COP27..NZ unsuccessfully sought a global agreement to phase down fossil fuels.

An amended law sets out the minimum requirements for Iwi engagement. Iwi will receive opportunities to review, discuss all companies mining crown owned resources, said Megan Woods. So what about fuel security, the governments not talking about this one. ‘NZ reliance on shipping lanes to stay open, not be disrupted are all important for NZ. Think of the massive consequences of no petrol for your car, no petrol for delivery trucks, no petrol to get to work, to get the kids to school, to go see your family, to socialize, go to work., buy the essentials like food etc.,  Shipping disruptions are a real risk due to the climate doom and gloom, the green cult.  As ocean going shipping is being targeted as to greenhouse emissions.  Shipping is about to become a lot more costly and this will have a significant effect on global supply chains. It is reported we should prepare ourselves for this (Harvard Business Review 21/10/2022). The rules of International Maritime Organization (UN) and the European Union aim to curb shipping emissions, there will be big implications.

Maritime transport is the backbone to international trade. And we rely on it for our fuel and other necessities. Serious disruption risks breaking NZs social, economic backbone, it would be catastrophic if this were to happen. UN IMO stated that environmental shipping accounts for 3% of global greenhouse gases. That these emissions could rise by 250% by 2050 if nothing is done.  Can you see the crisis and compliancy-control that will follow if shipping is seriously disrupted globally.? January 2023 new UN IMO rules were implemented. Individual ships to measure, report carbon intensity in the form of ‘Annual Efficiency Ratio’ (AER).

The function of a ships dead weight tonnage. (DWT) in cargo, crew, freshwater,  food, passengers, supplies etc., and how much and what sort of fuel used in the past year. This annual submission is mandatory for ships over 5,000 Dead Weight Tonnage (DWT). The AER is used to grade the ship- Grades A B C D E. ABC is graded as compliant for that year. D  Grade has three years grace to become compliant to the rules. E grade is given a year to become compliant. If ships are not compliant then they will be removed and possibly scrapped. Ships may well have to be redesigned, change the way they operate, less distance, less Dead Weight Tonnage, less ports of call, reducing speed and eliminating some services. The grading criteria is reported ‘it will become stricter’, therefore a ship with a good grade one year in a couple of years may not be compliant to the stricter rules. . MBIE NZ Government imposes 21 days stockholding on diesel, 24 days for petrol. 24 days for jet fuel. Reserves are held  in Spain and UK. Decarbonizing of shipping risks huge disruptions and significantly much higher costs.  Fuel that’s imported directly into New Zealand comes mainly from refineries in Asia, the Middle East and the Pacific, primarily via the Singaporean and Korean . NZs oil reserves are equivalent to 1.1 times its annual consumption. However these are stored overseas, and NZ Govt have already dipped into them.

RNZ report 8^th April 2022 ‘NZ confirms oil reserve release. NZ releases another 483,000 barrels from its emergency oil stocks. This followed a similar release in March of 369,000 barrels. NZ is ranked globally 75^th in the world for oil reserves and has 64,100,000 barrels. The Insanity of  shutting down NZ’s Fuel Security did any of those political cronies in the toilet bowl try to stop this ‘NO’. I believe they are  All GUILTY as charged. 4^th December 2019 NZ Govt join IMO (UN) Convention to reduce Ship Emissions, speech in parliament by Julie Anne Genter Transport Minister. Subject to completion of the Parliamentary treaty examination process, New Zealand will sign up to Annex VI of MARPOL, an International Maritime convention for the prevention of pollution from ships. “It will give Maritime NZ the power to inspect foreign ships for compliance with new em6th Augusssion standards and take enforcement action if necessary. (Prior to shut down of Marsden Point Oil Refinery)

New Zealand Fuel Security status kept under wraps RNZ OIA Request govt refused to release the ministerial briefing about how much fuel NZ had, or should keep on shore. Rationing, such as careless days that were imposed in 1979 fuel crisis, might not be in the too far distance, when it comes to decarbonizing the economy. What about decarbonizing global shipping? How’s quickly our economy could fall apart being deprived of fuel supplies. We have 24 days of fuel supplies in NZ. If NZ was unable to physically import refined fuels, we wont be able to refine the oil we produce locally (RNZ 3/09/2022.  )

LINKS

https://www.rnz.co.nz/news/political/464886/new-zealand-confirms-oil-reserve-release    https://www.rnz.co.nz/news/national/474063/nz-fuel-security-status-kept-under-wraps..  https://hbr.org/2022/10/climate-regulations-are-about-to-disrupt-global-shipping    https://www.reuters.com/business/energy/new-zealand-considers-bringing-forward-lift-fuel-stocks-2022-12-20/   https://environment.govt.nz/assets/publications/Cognitus-Maori-Role-in-Low-Emissions-Transition-2021_06_05.pdf

Algorithm Bias is described as systematic and repeatable errors in a computer system that creates unfair outcomes, eg privileging one category over another. Algorithms can be simplistic or complex. They are tiny pieces of invisible code that perform calculations that power machine learning. There are many types of bias for example  sample bias, prejudice bias, measurement bias and exclusion bias.

Algorithm bias are caused by the people that create them, that write algorithms those that choose the data used for the algorithms, they choose how to apply them as to the results required of the algorithms. Its easy for people to determine conscious biases which automatically perpetrate the end result required, for whatever purpose needed.

For example- information bias, selective bias which equate to the distortion of research. Biases affect decision making, policy making may be – survivorship bias, confirmation bias, framing bias, group think bias. There are of course other biases such as – Invisibility, stereotyping, imbalance, selectivity, non-reality, fragmentation, isolation, linguistic, cosmetic all are namely biases. A Linear Algorithm has the highest bias. Linear Regression an to error that is introduced by real live problem which maybe complicated. Linear models can introduce bias, make output easier to understand.

What about Climate Model Bias:- Errors in climate modelling is caused by a range of factors for example- spatial resolution (large grid sizes), simplified thermodynamic processes and physics or incomplete understanding of the global universal system. Limitations of climate models as predictions of climate is incomplete, the climate systems imperfect ability to transform knowledge into accurate mathematical equation. Climate models inability to reproduce important atmospheric phenomenon. That natural variability is still the dominant uncertainty in predictions. Uncertainty in Climate projections, predictions ,

Are they taking into account volcanoes, even dormant ones gives off gasses, what about El Nino and the North Atlantic Oscillation? Climate models are imperfect tools, control mechanisms, used for the purpose of social & behavioral re-engineering. To replace the global economy, to de-growth to promote tribal feudalism. To take us back to the dark ages.

Climate simulations differ from reality. Simulated clouds, surface atmosphere and representations of soil & vegetation in climate simulations models are to small. Climate models predicting our future,  determining our lives for us. Plundering New Zealand, plundering, destroying the livelihoods of farmers worldwide.

The complex nature of the climate system is too difficult to determine the exact impacts that change will be at different locations at different times.  Uncertainty increases the level of fear- climate doom and gloom. Rising seas, the scorches earth.  Equates to uncertainty, biased algorithms consequently data in-data out and rubbish and rubbish out. .No-one can be certain of the natural climate ability but the climate scientists know for certain what algorithm biases they are using. Question- who is creating the invisible tiny codes that make up for Algorithms and for what purpose will they use the end result for-..who benefits. Who are the winners and the losers. Its not possible to determine the future by emission. Carbon offsets are a scammers dream and is largely a sham, a massive fraud.  On the 23^rd March 2022,The Guardian on Australia’s carbon credit scheme reported is largely a scam  says whistleblower. Professor Andrew McIntosh said the system gives credits for projects such as regrowing native forests after clearing, is a fraud on the environment, taxpayers and consumers.

Prof Andrew McIntosh is an Environmental Law and Policy expert a former head of the Governments Emission Reduction Assurance Committee. He launched an extraordinary attack on the scheme, saying the govt had wasted $1 billion in tax payer funding. 3/5/2016 Multi-billion Euro Carbon Trading Fraud Trial Opens in Paris , this was called the heist of the century. The SpinOff News ‘Dodgy deals with Climate Fraudster-NZ’s role in the junk carbon scam. Alongside Russia and Ukraine, NZ is complicit in a carbon swindle, and NZ’s reputation is at risk, write Geoff Simmons. 18^th April 2016. NZ was willing and able to participate in a wholesale climate fraud

The short story is that Ukraine and Russia found loopholes in the International rules for carbon trading. The loopholes allowed them to create millions of carbon credits that had no environmental benefit whatsoever- they were simply fraudulent. Other countries cottoned on, stopped dealing with Russia and Ukraine Incredibly New Zealand ended up being the largest customer of these climate criminals because our government was the only one that accepted their dodgy wares. The scam used was claiming for carbon credits for projects that had already happened.

Examples -after the Soviet Union downfall Ukraine was left with large rock piles that still contained coal. Occasionally these piles caught fire, releasing carbon emissions. In 2012 the Ukraine started claiming carbon credits on the basis that they would remove the coal from the piles and put out fires. Trouble was they already removed the coal four years earlier, they even lied about how much coal was involved. In 2012 Europe and NZ got increasingly suspicious of what the Ukraine & Russia were up to. NZ made noises about banning these dodgy credits in April 2012, the minister then was Tim Grosser, he claimed “there is serious danger of NZ essentially exporting capital for no good reason”. Backroom negotiations took place with their coalition partner ACT CHANGED THEIR MIND. July 2012 they left our Emissions Trading Scheme open to dodgy credits, claiming that our scheme should reflect the ‘international price”

By the beginning 0f 2013 Europe had banned the trade in these dodgy credits, leaving New Zealand as the only willing buyer. One must question “How was it as NZ Govt stated “the international price”?. The International Price of fraudulent and environmentally worthless carbon credits. At one point falling as low as 15 cents per tonne. The price of carbon credits in 2011 was around $20 per tonne. That price was a sufficient  incentive to plant trees so back in 2011 NZ had no need to purchase International units to cover our emissions.

When the price of carbon crashed, nobody bothered to plant tree’s, everyone bought the dodgy carbon credits instead. NZs emissions soared. Meanwhile polluters profited and ordinary Kiwi’s got ripped off. The details are in the report. NZ rapidly became the largest consumer of these fraudulent foreign credits. Over a quarter of all  NZ emissions between 2008-2002 ended up being covered by dodgy carbon credits. 99% of NZ emission reduction units came from Russia and the Ukraine.

 In  2015 a review by the Stockholm Environmental Institute found that 89% of Ukrainian projects were of questionable or low environmental integrity, as dodgy as hell. NZ tax payers ended up with the govt sending around $200million of their good money to these crims. The opinion in many circles that NZ Govt was knowingly an accomplice in this climate crime.  Stuff NZ reported August 16^th 2016 ‘Companies revealed over dodgy carbon credits’. Some of NZ’s biggest businesses including BP, Z Energy, NZ Steel and Fonterra were named by the Morgan Foundation as buying dodgy carbon credits

 A number of forestry companies were also identified as having purchased fraudulent carbon credits from Ukraine and Russia these include NZ Forest Leasing, Matariki Forests, Ngai Tahu Forest Estates and China Forestry Group. James Shaw Greens co leaders said the govt should trade good carbon credits for bad ones to ensure the integrity of NZ’s global commitment to cut climate pollution.  The Morgan Foundation said the govt had stockpiled about 85-90 million units which would see the country through to 2020, but many of the units were fraudulent.

Associate professor Euan Mason of the school of forestry University of Canterbury said “Our govt knew the imported credits were fraudulent. They knew that their policies allowed companies to act immorally, that many companies did act immorally.

NZ Herald also reported on 17^th April 2016 that NZ’s Carbon Credits Scheme A Farce’. NZ accused of cheating to fulfil its International Climate Change obligations. The Emissions Trading Scheme allows polluters to mitigate greenhouse gas emissions by buying carbon credits from companies such as the forestry industry

Polluters were able to buy carbon credits from other countries which had signed up to the Kyoto Agreement,. NZ was far the largest purchaser of Russian and Ukrainian carbon credits through NZ Emission Trading Scheme. This was a National led govt at the time

NBR Report Paul Bennet dismissed the Morgan Foundations recently released ‘Climate Cheats’ reports which highlighted the NZ companies that had bought carbon credits from Russia and Ukraine. The minister said the Morgan Foundation “Offered nothing new” It was accepted that the Stockholm Report had pulled the plug. All political parties behind the closed doors of Wellington knew the fraudulent carbon credit scam was happening.

NZ Geographic reported “Credit where none is due’ 12 companies profited from pollution using fake carbon credits from Russia. A Reports that back in the 1990’s NZ government assured that the country would trade (and plant) our way out of climate change. In 2002 Labor Govt announced the Emission Trading Scheme.

The carrot being that businesses that reduce their emissions could sell their unused units. Those that had exceeded their allocated carbon credit would have to buy more.  Thanks to hot air the Emission Trading Scheme has removed NOT ONE GRAM of  greenhouse gas from the atmosphere.

The Government highly aware that hot air was killing its own ETS, the govt continued to flood the market, giving its own units to businesses for free. Fraudulent Carbon credits. In 2016 140 million emission units- 5years worth of activity remained still out there in 2020, doing absolutely nothing to avert climate change.  Where are they now? Its was said back them “when the price is right, they’ll  cash up their free credits whilst paying for their pollution. “Profiting from pollution”. As always the taxpayer picks up the climate doom and gloom tab. Come on people do you really believe in this climate doom and gloom bullcrap.

And here the govt is carbon tax on commercial and domestic rates, energy etc., And throwing the farmers under their own tractors, using them as the govts whipping boy. Climate Change Bias’s are many. Data in and Data out. Rubbish in and Rubbish Out. Corruption in and Corruption Out. Tax payer money in and tax payer money out. We have become a disposable society. The NZ Govt plundering NZ.

https://www.nzgeo.com/stories/credit-where-none-is-due/

https://www.nzherald.co.nz/nz/new-zealands-carbon-credits-scheme-a-farce-says-morgan-foundation-report/3TPOX7WZFKM4TVYLCTBTIINTBA

https://thespinoff.co.nz/politics/18-04-2016/dodgy-deals-with-climate-fraudsters-nzs-role-in-the-junk-carbon-scam

https://www.france24.com/en/20160503-france-trial-multi-billion-carbon-emissions-trading-fraud-opens-paris

https://www.theguardian.com/environment/2022/mar/23/australias-carbon-credit-scheme-largely-a-sham-says-whistleblower-who-tried-to-rein-it-in

Climate Cheat Report authored by the Morgan Foundation April 2016 Refers to NZ Govt’s reputation of honesty and transparency being at serious risk internationally, as to their purchasing of fraudulent climate credits by organized crime in the Ukraine & Russia

NZ expected to use these fraudulent credit for their 2020 emissions reduction pledge, to go on using the proceeds of the crime as part of the targets of UN Agenda 2030. The NZ Govt deliberately knowingly cheating the global consensus to combat climate change until the new dawn arrives. Treating the whole process with contempt a dubious activity that was described as unacceptable. Without doubt the NZ Government was called a ‘Climate Cheat’. That NZ Govt was a willing participant in wholesale climate fraud.

In Ukraine and Russia it was overcome with fraud and corruption, they already had a bad name for this, and it was well known. But NZ became the largest purchaser of Ukrainian, Russian fraudulent credits, even when other countries backed away, they continued. This was a National led govt, and thy claimed that they were meeting international obligation through to at least 2020. NZ’s Clean Green reputation, corruption free was at serious risk as being willing participant of fraud.

The fraud sent the price of carbon units in NZ Emissions Trading Scheme (ETS) to virtually zero. NZ Govt putting $200 million in the hands of foreign criminals to avoid NZ’s obligation to reduce emissions. Reporting that there has been no environmental benefit. Some companies were issued free emissions units by the NZ Govt whilst exploiting the cheap feign fraudulent credits hence profiting from pollution.at the expense of the NZ Tax Payer. Morgan Foundations report states that the fraudulent emissions credits that NZ Govt purchased from Ukraine & Russia

Have produced little to no climate benefit. Morgan Foundation suggested a three point plan to the government as to putting the hole fraud to bed once and for all. 1) Dump the Junk. 2) Burn the Bank-remove the 2 for 1 deal that govt had set up and freeze companies free allocation of NZ credits for a year to clear the backlog 3) Keep it Clean- Keep the ETS closed to international trade until the system has integrity. But in the meantime, NZ Govt could work closely with some of their Pacific neighbours to develop bilateral agreements.

It is reported that NZ is one of the most heavily exploited in the Kyoto Protocol offsetting mechanisms.  Confirming Report also refers to the Stockholm Environmental Institute publication  which paints another ugly picture relating to plausibility and questionability , the exaggerations of actual emissions reductions, a low environmental integrity

Ukraine & Russia together accounted for 90% of total ERUs issued, the percentage of dodgy credits were more than 89%. They were taking credit for projects that had already happened several years before registering for ERU’s.  For Ukraine and Russia – which together accounted for 90% of the total ERUs issued – the percentage of dodgy credits was even higher: more than 89% and 82% respectively (Figure 4).. Over-estimating emissions reductions, deliberately increasing streams of waste gases from industrial plants. Yet the UN gave Russia and Ukraine the stamp of approval.

Rules allowed countries to largely establish their own rules for approving projects without international oversight. These fraudulent emissions credits were known as ‘Hot Air’. On NZ Govts part it was no mistake, they deliberately participated as Climate Cheats. Guardian News reported ‘UN Official called this all organized crime, saying Russia and Ukraine’s carbon markets had been plagued by ‘significant criminal energy’.

 Interpol had published a guide in 2013 warning that ‘Carbon markets, like other financial markets are also at risk of exploitation by crims due to the large amount of money invested  the lack of oversight and transparency. That Russia & Ukraine have been riddled with corruption. 2011 Transparency International Corruption Perception Index ranked Russia 143rd and Ukraine 152nd out of 182 countries.  NZ Govt had purchased meaning less pieces of paper. The EU shut the gates on Ukraine and Russia but NZ did not. Therefore NZ Govt is known as the ‘worst climate cheat’, exploiting cheap dogy emissions credits. NZ the top buyer of fraudulent credits, by a large margin.

NZ Govt banked on the assumption the carbon credits they purchased would become more valuable in the future, when the flood of foreign credits got cut off. (Surely these days if that was an individual it would be called money laundering- some sort of criminal activity?) NZ Govt main purpose was actually to indirectly accumulate huge quantities of cheap fraudulent credits to meet its climate commitments for years to come in the future. They knew what they were doing was fraudulent and continued down this path. There were calls for NZ Govt to stop this but they were repeatedly rejected. The question is “Whether to NZ Govt was culpable or simply negligent?” (Morgan Foundation). Some creamed off the profits from the fraudulent cheap dodgy emissions units, others exploited them.

Many Iwi/Maori had received the dogy emission credits as part of Treaty settlements, leading to a threat of a $600million Waitangi Tribunal claim against the government, again robbing tax payers pockets.

 All in all driving profit from pollution at tax payers expense. Some companies won twice from a deal with the govt, they purchased these cheap foreign carbon credits to save them for a rainy day when they could profit highly on them at a later date when they would be worth much more. The Govt knowingly, as participants watched them get wealthier on these dodgy carbon credits. These companies win twice from this deal. Not only have they cut costs by buying cheap fraudulent foreign credits, they will also profit from using or selling the New Zealand units in a few years when they are worth more. The Government stood by and watched on, did nothing.

This was called the ‘Long Con’, who says crime does not pay. Who says the government does not act criminally.? The projected surplice remaining of these dodgy credits in 2020 was $93.6 million credits). Did the weak willed politicians ignore this. What did they do? How did they put their criminal type behaviour to bed, or did they?. NZ Geo. Com reported . The Russian and Ukraine carbon credits were quickly denounced as hot air, but NZ companies were the worlds most avid buyers. 12 top NZ Companies spotted the opportunity, snapping up ‘hot air’ credits for just a few cents, well below the domestic rate. Therefore could increase their emissions without penalty.. The fraudulent certificated eroded most of the value from the domestic market real ones.

A report from Morgan Foundation titled ‘Climate Cheats; singles out Fonterra, BP, Z Energy, Genesis, Contact Energy, NZ Steel as the biggest consumers of the fraudulent credits. The international community had already distanced itself from the Ukraine, Russia Scam.. 2020 Kyoto ended, the Paris Agreement took force, offering countries the option to carry any emission  credits forward.

Did the NZ Govt, companies surrender their credits that they knowingly purchased from climate crims.? The govt misleading the people of NZ about integrity and transparency, as they entered a dodgy carbon haven. The NZ Govt was reckless, negligent a willing party in fraudulence..The Morgan Foundation Report ‘Climate Cheats’ was about taking the govt to task for their fraudulent behaviour.. Some experts say that the govts participation in this scam , the govts policy settings made the ETS Scheme morally bankrupt and ineffective.. The whole ETS System appears to lack accountability. Obviously the Green Party were well aware of the National Party’s antics, James Shaw reported 16^th August 2016 – The Green Party is calling n th National arty to trade good carbon credits for bad ones, to ensure integrity of our global commitment to cut pollution (Referring to the Morgan Foundation Report)

Greenpeace NZ climate campaigner Simon Boxer said New Zealand has continued to use the dodgy credits because they’re cheap..”The ETS was a policy that was purposefully made to sound boring and dense so people wouldn’t dig deeper into it, but in reality it does not clean up pollution, it allows companies to make a profit from pollution, the ETS scheme is a scam, a climate crime” he said. (Stuff News 18/4/2016).

Of course all the political cronies in the cesspit of Wellington knew about it, was not hidden, they are also participants in Climate Cheats, they did nothing to stop it.

Click on image of Chicken Little to return to Rumble Video

LINKS:

https://www.stuff.co.nz/environment/climate-news/79031600/government-allowed-climate-fraud-to-reach-emission-reduction-targets–report

The link is provides to NZ Government Climate Cheats.

LINK:  http://morganfoundation.org.nz/wp-content/uploads/2016/04/ClimateCheat_Report9.pdf- 55 PAGES PDF

https://www.nzgeo.com/stories/credit-where-none-is-due/

https://www.greens.org.nz/time-govt-stop-cheating-climate-and-pay-back-dodgy-credits

https://wakeupnz.org