Jamie Mackay: The Country host on Winston Peters suggesting New Zealand pull out of the Paris Climate Accord

Deputy Prime Minister Winston Peters is the latest to suggest New Zealand should back out of the Paris Climate Accord.

He joined The Country's Jamie Mackay to explain that other nations have already pulled out - and he's encouraging new Zealanders to reflect on the costs of staying in the agreement.

Jamie Mackay explains whether or not this could lead to friction within the coalition.

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Episode Transcript

Speaker 1 (00:00):
Six twenty two on news Talk z Be. Jamie McKay
is the host of the Country Jamie Good Evening.

Speaker 2 (00:05):
Hey, good evening, Ryan. Hey, just before we get into it.
Us driving earlier this afternoon, and I heard you talking
to somebody about the Hallbergs tonight getting underway tonight, and
I'm with you, it's got to be Lydia co And
I love Dame Lisa Carrington. We all do. We all
love Lydia as well. But when you compare the two sports,
and I'm not knocking kayaking at all, but on a

(00:27):
world stage, I think Dame Lydia.

Speaker 1 (00:29):
Is she a Dame yet, Yes she is, She's our younger.

Speaker 2 (00:34):
I think Dame Lydia deserves to Dame Lisa Carrington. There
you go, just my two Bob, No, I.

Speaker 1 (00:42):
Like, I agree with you. I agree with you, and
I think because the global you know, attention, and I
guess the global nature of that sport as well, I
think will add to the to the accolades that she'll
probably would tonight. Anyway, we'll waiting to see. So you've
been speaking with Winston Peter's today and he is saying,
basically pull out of the Paris climbate accord, Seymour is

(01:05):
saying not yet, and then you've got four old luxeen
in the middle between a rock and a hard place.

Speaker 2 (01:10):
Well interesting. I talked to Winston earlier this morning and
he said, look, we should be out, and he's held
that line for quite a while. He said, what's the
use of being in when the US in the China
and Russia aren't there? And that's a fair point as well,
and so I dropped Seymour a text just to reiterate
what his position was, and he made an interesting comment comment.

(01:32):
He said, not get out of it yet. At some
stage in the future, the cost of being in it
will be greater than the punishment for leaving. So I
thought that was a really interesting comment. And it does
leave Christopher Luxe and or the NATS in a wee
bit of a sticky situation on this one, because the
cost of complying to this Ryan is what twenty three

(01:55):
or twenty four billion dollars. So we're not talking chump
change there.

Speaker 1 (01:59):
No, absolutely not. We've just had John Stevenson on about this.
But what do you make of this Fonterra money. It's
not Fonterra money, it's nesle and Mars money that they've
written into a contract where they farmers will get an
extra top up on their payout if they're doing good
green things.

Speaker 2 (02:16):
Well, the Nesle Mars top up is ten to twenty
five cents a kilogram, which is I guess meaningful, but
it's only going to go to three to three hundred
and fifty farms Fonterra farms nationwide. That's like three percent
of their farms. Interestingly, the other ones I don't know
whether the John touched on this, I didn't hear the interview,

(02:37):
but there if they meet their climate criteria, they're going
to get one to five cents per kilogram of milk
solids to meet it. Now, that's less than half per
half a percent of your milk price based on a
ten dollar payout. And interestingly, on my show today I
smoke I spoke to Kevin Smiley Barrett, yes, the father
of all the All Blacks and a very handy Taranaki

(03:00):
rugby player himself, and he thought Mars. This was his
initial take on it. His hot take on it was
Mars and Nestle are doing a bit of green washing.
And I think that's the truth from the coal face
from smiling. Yeah.

Speaker 1 (03:12):
Interesting. Now the FO farmers that we get this twice
a year. The confidence surveys out at five o'clock tomorrow morning.
What are you picking?

Speaker 2 (03:19):
Well, I'd like to say I haven't seen it, but
I have. But but if I tell you, Ryan, I'd
have to shoot you. Look, I mean even before I
glanced at and I've got to respect the embargo. Look
at farmers aren't happy this time around. They will have
earned they're often unjust tagged for being moners. The planets
are really aligning for farmers at the moment. We've got

(03:40):
good commodity prices almost right across the board walls obviously
a bit of an outlier strong while I'm talking about,
but everything else as pretty good. Interest rates are coming down.
They've got a pretty user friendly government in terms of
regulation and non farm costs. So I'm expecting, right read

(04:01):
between the lines on this one, a pretty positive farmer
confidence survey which will be due out at five am tomorrow.
Con Federated Farmers a nice one.

Speaker 1 (04:09):
I think you've given us a good wink and a nudge.
Jamie McKay hosted the Country on News Talks. He'd be
twenty six minutes half to six for more from Heather
Duplessy Allen Drive, Listen live to news talks he'd be
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