CHLÖE SWARBRICK: Absolutely, Madam Speaker. So this is not the first of the oil or fuel shocks that we have seen. Over the past few decades we've seen oil shock after oil shock. In 1973, when oil prices quadrupled between mid-1979 to mid-1980, oil prices rose from US$13 a barrel to US$34. In 1990, they went from US$13 a barrel to US$34 a barrel. Then again, we saw shocks in 2005 through to 2008, and 2010 to 2014. I dare say to any MP in this House who will contribute to this debate tonight—I dare them to tell me that this oil shock of 2022 is the last one that we will see. It cannot be, and none of them can offer that assertion, because we know that the oil market and fossil fuels are inherently volatile. You know what is sustainable, however? It is renewable energy, and that is why the Greens are opposing this bill today. Because whilst we can totally acknowledge the fact that there are increasing cost pressures on New Zealanders—and we have made a real point of the fact that those cost pressures have been disproportionately felt by lower-income New Zealanders who, Statistics New Zealand data bears out, have borne the brunt of double the cost of inflation, in terms of the reality that they are spending the majority of their incomes on essentials on a daily basis—there are real risks and perverse incentives in cutting fuel taxes when in fact we have the opportunity to use other levers, such as boosting incomes for lower income New Zealanders. 