The question the Rena incident ultimately poses for all New Zealanders is whether we are prepared to pay the price when commerce goes wrong. Accidents will inevitably happen when you have 3300 ships a year travelling up and down our coasts doing business. Similarly, the Government's intention to boost offshore oil and gas exploration over the next three years will increase this country's economic opportunities. But New Zealanders have to accept there will be more spills.
The trade-offs between environmental risk and economic reward are not easy. With the economic benefits, we have to accept the risk of environmental pain and the costs to those adversely affected by the accident. The environment and the economy are inextricably tied, especially in New Zealand where our clean green image is important not just for tourism, but also for food security and the quality of our agricultural exports.
If New Zealanders accept that trade-off, then there is no point in being surprised when spills happen and containers fall overboard. Rather, we need to be better prepared with tougher regulation on operators, increased liability caps on offenders and [ensure] Government agencies are able to deal quickly and effectively with large spills.
As Transport Minister Steven Joyce accepts, New Zealand should ratify the International Convention on Civil Liability for Bunker Oil Pollution Damage to change the way liability limits are calculated under the Maritime Transport Act. If this had been in place, the Rena's liability would have risen from $12 million to $29 million. But successive Governments have not adopted and implemented this convention into domestic legislation despite a select committee recommendation. This meant that when the Rena began spilling oil into the Bay of Plenty, our domestic law was not aligned with international best practice.
Furthermore, huge amounts of Government intervention after the event only mitigate the damage already done, as is happening with Rena. The oil spill response team includes experts from Maritime NZ, the Department of Conservation and the National Oiled Wildlife Response Team. Bay of Plenty regional council staff and the Tauranga Harbour Master are also working alongside Maritime NZ and the Maritime Pollution Response Service to respond to the situation as it develops.