ACT believes that New Zealand must play its part on climate change and that the response must be simple to administer, politically durable, and effective. New Zealand will only prosper if we match our goals with actions, and actions which actually benefit the environment and climate. But if the Government forces through much deeper emissions cuts than our trading partners and sets more aggressive targets than other countries, we will simply impoverish ourselves. We will push vital economic activity to other countries. That is why ACT proposes New Zealand ties our carbon price to that of our top five trading partners. We can remain competitive as a trading nation. ACT believes New Zealand should do its part, through innovation led by business, engineers, and scientists, not through slogans and PR stunts. Thank you, Madam Speaker.