1 00:00:00,120 --> 00:00:02,200 Speaker 1: Get details today have some sort of relief package from 2 00:00:02,200 --> 00:00:05,040 Speaker 1: the government. Of course, we also have these newly aligned 3 00:00:05,080 --> 00:00:08,240 Speaker 1: fuel standards with Australia. Shane Jones as the Associated Minister 4 00:00:08,280 --> 00:00:09,200 Speaker 1: of Energy is with us. 5 00:00:09,240 --> 00:00:12,799 Speaker 2: Morning to you, Hey Gilda, morning folks. 6 00:00:12,840 --> 00:00:15,760 Speaker 1: Can you, in layman's terms, and I was watching yesterday 7 00:00:15,760 --> 00:00:18,479 Speaker 1: in the beehive, can you, in layman's terms, explain to 8 00:00:18,520 --> 00:00:21,040 Speaker 1: me what the alignment is? I mean, how different is 9 00:00:21,079 --> 00:00:23,919 Speaker 1: the fuel and how much more access to product do 10 00:00:24,040 --> 00:00:25,840 Speaker 1: we get as a result of it? 11 00:00:28,240 --> 00:00:33,559 Speaker 2: Right without risking the fear and the negative feedback of 12 00:00:33,600 --> 00:00:37,360 Speaker 2: reminding your listeners how little they know about chemistry. The 13 00:00:37,440 --> 00:00:41,640 Speaker 2: reason that we ended up with slightly different fuel specifications 14 00:00:42,159 --> 00:00:46,120 Speaker 2: attained to the different temperatures in our country. Fuel that 15 00:00:46,280 --> 00:00:51,240 Speaker 2: is designed for Queensland doesn't necessarily find great usefulness in 16 00:00:51,320 --> 00:00:54,440 Speaker 2: twice all, and there is a problem called engine knock. Now, 17 00:00:54,560 --> 00:00:56,200 Speaker 2: you being a car for you know that I would 18 00:00:56,200 --> 00:00:59,480 Speaker 2: know about this. And what we've ended up doing is 19 00:01:00,040 --> 00:01:05,000 Speaker 2: during that those specifications which can be aligned and harmonized 20 00:01:05,040 --> 00:01:09,120 Speaker 2: with the Aussies, we're signing them off. The most vulnerable 21 00:01:09,120 --> 00:01:12,199 Speaker 2: piece we're not signing off which does do damage to cars, 22 00:01:12,240 --> 00:01:15,000 Speaker 2: not unlike the new European car that you've got is 23 00:01:15,040 --> 00:01:19,000 Speaker 2: sulfur content inside the fuel that we use. That is 24 00:01:19,040 --> 00:01:21,679 Speaker 2: not going to be signed off until we're confident what's 25 00:01:21,720 --> 00:01:26,400 Speaker 2: the extent of risk to the new European emissions compliant 26 00:01:26,440 --> 00:01:27,679 Speaker 2: engines in New Zealand. 27 00:01:27,880 --> 00:01:31,080 Speaker 1: Right so well explained. Thank you. Having said that in 28 00:01:31,200 --> 00:01:34,040 Speaker 1: doing what we've done, how much more oil can we 29 00:01:34,080 --> 00:01:35,880 Speaker 1: get access to as a result. 30 00:01:36,800 --> 00:01:39,880 Speaker 2: Well, the fuel companies tell us that'll give them more options. 31 00:01:40,040 --> 00:01:43,360 Speaker 2: I think where we're heading, Mike is to an ANZAC 32 00:01:43,480 --> 00:01:45,720 Speaker 2: sort of arrangement, because on a good day, there's about 33 00:01:45,760 --> 00:01:48,080 Speaker 2: thirty million of us in Australasia and we're at the 34 00:01:48,200 --> 00:01:51,160 Speaker 2: end of the railway track. We need to work together. 35 00:01:51,240 --> 00:01:53,760 Speaker 2: The Prime Minister has been talking with the Australian Prime 36 00:01:53,800 --> 00:01:57,960 Speaker 2: Minister and in the event, we need to act more 37 00:01:58,040 --> 00:02:01,000 Speaker 2: robustly on the supply side, and it's better that we 38 00:02:01,080 --> 00:02:05,040 Speaker 2: do it together. The harmonization of the specifications and the 39 00:02:05,080 --> 00:02:09,840 Speaker 2: technicalities will enable us to draw fuel from a wider 40 00:02:09,960 --> 00:02:13,240 Speaker 2: range of sources. That's what the oil companies tell us. 41 00:02:13,240 --> 00:02:17,839 Speaker 2: For example, one hundred and twenty million liter carrier, which 42 00:02:17,880 --> 00:02:20,360 Speaker 2: is not a milk run carrier, may be bringing that 43 00:02:20,400 --> 00:02:24,120 Speaker 2: fuel to Australia. Now, if that is the case, and 44 00:02:24,160 --> 00:02:26,560 Speaker 2: it's possible to drop some off in New Zealand by 45 00:02:26,919 --> 00:02:29,160 Speaker 2: aligning the specifications, that can happen. 46 00:02:29,320 --> 00:02:33,600 Speaker 1: Yeah, it seems simple. Why don't we just make it permanent? 47 00:02:35,440 --> 00:02:38,800 Speaker 2: Well, the PM is actually on the case with the 48 00:02:38,800 --> 00:02:43,400 Speaker 2: host of his ministers and wants to see more harmonization 49 00:02:43,520 --> 00:02:45,840 Speaker 2: and alignment. And I would look no further than the 50 00:02:45,880 --> 00:02:50,119 Speaker 2: civil aviation regulations that like New Zealand and an organization 51 00:02:50,240 --> 00:02:52,720 Speaker 2: that has failed, in my view, the facilitation and the 52 00:02:52,760 --> 00:02:56,000 Speaker 2: development of our aviation sector. And I only hope and 53 00:02:56,000 --> 00:02:58,920 Speaker 2: pray we get around to harmonizing those regulations with the 54 00:02:58,919 --> 00:03:01,440 Speaker 2: Aussies and the Kiwis rather than later, should we? 55 00:03:02,120 --> 00:03:04,080 Speaker 1: Is it not these separate things, are they? 56 00:03:05,720 --> 00:03:11,000 Speaker 2: Yeah? Well, obviously we have an absolute need for aviation innovation, 57 00:03:11,440 --> 00:03:15,399 Speaker 2: not only for regional travel but for export movements. And 58 00:03:16,320 --> 00:03:21,960 Speaker 2: our colleague mister Meeger's working with various elements in the bureaucracy. 59 00:03:22,040 --> 00:03:25,359 Speaker 2: That's a specific example of where we could do other harmonization. 60 00:03:26,000 --> 00:03:29,280 Speaker 2: If I get the support from the cabinet after further analysis, 61 00:03:29,560 --> 00:03:32,680 Speaker 2: then I'm all up for making this harmonization permanently, so. 62 00:03:32,720 --> 00:03:35,720 Speaker 1: This is never wasting a crisis where we're learning things here. 63 00:03:35,800 --> 00:03:37,560 Speaker 1: We may well come out of this better than when 64 00:03:37,600 --> 00:03:38,160 Speaker 1: we went in. 65 00:03:39,560 --> 00:03:41,600 Speaker 2: Yeah. Yeah. What we've got to make sure we do 66 00:03:41,920 --> 00:03:44,920 Speaker 2: is we don't turn the checkbook into confetti. And that 67 00:03:45,000 --> 00:03:47,640 Speaker 2: may sound a tad harsh, but the reality is we 68 00:03:47,720 --> 00:03:51,480 Speaker 2: have limited fiscal boundaries to work with them because, as 69 00:03:51,480 --> 00:03:54,840 Speaker 2: you've said on your own program, an enormous amount of 70 00:03:55,200 --> 00:03:56,880 Speaker 2: profligacy I was visited. 71 00:03:56,640 --> 00:04:00,640 Speaker 1: Upon us yes time, the speaking of which in this 72 00:04:00,720 --> 00:04:05,000 Speaker 1: announcement today, given what's happened overnight and this is clearly 73 00:04:05,120 --> 00:04:08,280 Speaker 1: ending very shortly, are you going to pull the trigger? 74 00:04:08,560 --> 00:04:10,040 Speaker 1: It's not your job, I get it, but you're the 75 00:04:10,040 --> 00:04:12,400 Speaker 1: only minister on Are you going to potentially pull the 76 00:04:12,440 --> 00:04:14,560 Speaker 1: trigger today? Just a bit soon? And you might want 77 00:04:14,560 --> 00:04:15,200 Speaker 1: to hold off. 78 00:04:17,120 --> 00:04:21,560 Speaker 2: Well, Winston has already said that the hostilities and the 79 00:04:21,600 --> 00:04:26,320 Speaker 2: actual conflict will be over well before we ever find 80 00:04:26,320 --> 00:04:28,760 Speaker 2: the time to put humpty dumpty back together again in 81 00:04:28,800 --> 00:04:32,760 Speaker 2: a fuel supply site. So what we're doing, quite apart 82 00:04:32,800 --> 00:04:36,480 Speaker 2: from the fiscal dimension that the Finance minis is going 83 00:04:36,480 --> 00:04:39,320 Speaker 2: to refer to your leater today, we've got to really 84 00:04:39,640 --> 00:04:42,600 Speaker 2: rephrase and rethink how we deal with fuel both from 85 00:04:42,680 --> 00:04:45,880 Speaker 2: a public trust point of view, national security point of view, 86 00:04:45,880 --> 00:04:48,400 Speaker 2: and economic resilience. So you're right that this work's going 87 00:04:48,440 --> 00:04:51,360 Speaker 2: to go on even after the hostility cease. But it's 88 00:04:51,440 --> 00:04:55,279 Speaker 2: up to the Finance minister to address the fiscal package. 89 00:04:55,480 --> 00:04:57,599 Speaker 1: You couldn't resist. And I don't blame you yesterday on 90 00:04:57,680 --> 00:05:02,000 Speaker 1: Marsden forget opening it, but the storage. I mean you 91 00:05:02,040 --> 00:05:05,080 Speaker 1: you appear without pissing in your pocket. You appear more 92 00:05:05,160 --> 00:05:05,880 Speaker 1: right by the day. 93 00:05:07,720 --> 00:05:10,200 Speaker 2: Yeah, I mean all I'm doing is I am day 94 00:05:10,200 --> 00:05:16,080 Speaker 2: by day reading the cabinet paper that that political fugitive 95 00:05:16,080 --> 00:05:20,719 Speaker 2: from electoral Justice to Cinda Adan did to our country 96 00:05:20,760 --> 00:05:24,000 Speaker 2: with Meghan Woods, he sort of muppet like support it 97 00:05:24,040 --> 00:05:27,320 Speaker 2: from the South Island and mate, we do not have 98 00:05:27,400 --> 00:05:31,200 Speaker 2: the ability to store enormous amounts of fuel for resilience 99 00:05:31,240 --> 00:05:34,720 Speaker 2: purposes because in the closure of the refinery they degraded 100 00:05:34,760 --> 00:05:37,919 Speaker 2: seven hundred million dollars worth of storage capacity, which is 101 00:05:37,960 --> 00:05:40,479 Speaker 2: sitting fifty percent idolist Marson point. 102 00:05:41,400 --> 00:05:43,200 Speaker 1: And that's just a statement of fact. You can't argue 103 00:05:43,240 --> 00:05:45,560 Speaker 1: with that. Listen, I appreciate it. Shane Jones, Associate Minister 104 00:05:45,720 --> 00:05:49,440 Speaker 1: of Energy. For more from the Mic Asking Breakfast Listen 105 00:05:49,520 --> 00:05:52,440 Speaker 1: Live to News talks that'd be from six am weekdays, 106 00:05:52,680 --> 00:05:54,720 Speaker 1: or follow the podcast on iHeartRadio