The debate is heating up about the ratification of the Paris Agreement, and in particular whether New Zealand should use surplus credits from the past to meet our future obligations. The Green Party has pointed out that the only reason we have this surplus is because in the past we dealt in fraudulent foreign credits which we discussed in our report Climate Cheats.

In this video we take you through what happened so you can make up your own mind. And to make sure you get it we threw in analogy about a Moro bar, a dairy and everyone’s apocryphal dodgy Uncle Trev.

About the Author

Gareth Morgan

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Gareth Morgan is a New Zealand economist and commentator on public policy who in previous lives has been in business as an economic consultant, funds manager, and professional company director. He is also a motorcycle adventurer and philanthropist. Gareth and his wife Joanne have a charitable foundation, the Morgan Foundation, which has three main stands of philanthropic endeavour – public interest research, conservation and social investment.