The Government's decision last week not to sign up to the second phase of the Kyoto Protocol has left New Zealand's credibility on climate policy in tatters on the global stage.
The Kyoto Protocol is the only existing legally binding international agreement on reducing greenhouse gas emissions. Having a credible club of countries make binding commitments to reduce emissions is an important part of building the trust necessary to create a new global deal to come into force after 2020. Yet just hours after the heavily coal dependent Australia publicly committed to joining Kyoto phase two, "clean green" New Zealand announced it would not.
While extremely disappointing, the announcement on Kyoto is not surprising in light of recent policy decisions. It closely follows the gutting of the ETS and the cancellation of the biofuel and solar hot water grant schemes. Last year the Government even refused to make good on a promise made at the 2010 UN climate summit to create a low carbon development plan, while countries such as Brazil, China, South Africa and the UK are just getting on with it. This is all symptomatic of the Government's general unwillingness to implement policies to reduce emissions.
So how will other countries view this latest snub to climate action? Well, it's unlikely we'll win any new friends by refusing to join phase two of Kyoto. Other countries that have also decided not to join won't give us a round of applause. Yet the 27 members of the EU plus the 10 other countries, including Australia, that have signed up will hardly look favourably upon New Zealand from now on.