While there have been decades of complaints – from all sides – about the workings of the Resource Management Act (RMA), replacing is proving difficult. The Coalition Government is making another attempt. To help answer the question, I am going to use the economic lens of the Coase Theorem, set out by Ronald Coase who…
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Peter Frankopan’s The Earth Transformed: An Untold History is a compelling account of the interaction between humans and the environment. We would be unwise to ignore it. The Silk Roads: A New History of the World by Oxford professor of history Peter Frankopan was initially widely admired. But critics point out that the book exaggerated…
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Congestion pricing is easier said than done. The first seminar I attended in Britain – around sixty years ago – explained a scheme for road usage pricing which would eliminate traffic congestion and direct roading investment. It was impressive and elegant (as many such seminar propositions are) but proved impractical and costly to implement (ditto)….
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An Infrastructure Commission report says we are keeping up with infrastructure better than we might have thought from the grumbling. But the challenge of providing for the future remains. I was astonished to learn that the quantity of our infrastructure has been keeping up with economic growth. Your paper almost certainly has daily reports of…
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Evaluating the impact of social policies will be very difficult but the government does not seem to be doing much real evaluation. A couple of terms that have recently become fashionable are ‘cost-benefit analysis’ (CBA) and ‘social-investment analysis’ (SIA), typically proposed by people who have never done either. They sound good but have their limitations….
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The Fast-Track Approvals Bill enables cabinet ministers to circumvent key environmental planning and protection processes for infrastructure projects. Its difficulties have been well canvassed. This column suggests a different way of thinking about the proposal. I am going to explore the Bill from the perspective of its proponents with their focus on short-term material output…
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The Climate Change Commission should immediately publish the details of its economic models and enable the public to access them. There is something strange going on with the Climate Change Commission. In its draft report the CCC said ‘We have looked at the impacts which our budgets could have on the economy and society…
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Presentation on 26 August, 2019. The full submission is here. Summary 1. Climate change and sea level rising is one of the greatest challenges the world faces. 2. New Zealand should play its part in the world’s effort to restrain greenhouse gas emissions. 3. I broadly endorse the intention of the Climate Change Response (Zero…
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Submission to Select Committee reviewing the bill July 2019 Fundamental Recommendation That the 2050 target in the legislation be defined in terms of ‘net’ methane emissions rather than ‘gross’ methane emissions. Proposed Amendment That all references to biogenic methane emissions in Clause 5O be deleted. In particular the current proposed clause 5O 5O Target…
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Written for a farm journal but not published
Summary:. Methane (CH4) is a greenhouse gas. Some methane comes from atmospheric carbon-dioxide which is fixed in grass, eaten by livestock, belched into the atmosphere and eventually returns to atmospheric carbon-dioxide. Before it breaks down, the methane molecules form a ‘cloud’ in the atmosphere which adds to global warming at a much higher rate per…
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The following is a ‘pundit column’, which was never published because the 2017 election swept it aside. Our carbon emissions regime is costing us a fortune; why are we not doing something about it? Suppose an item of government spending blew out from virtually nothing a few years back to more than $400m a year…
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The growth of farm output may be slowing. Specialty cheeses show an alternative strategy of further post-farmgate processing. Land for farming ran out in the 1950s. Farm production intensified. We shifted from more dollars of farm output by using more land to getting more dollars per unit of land. Among the challenges we had was…
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Past policies of banging on about economic growth have failed. A new report argues we should strategise differently with more comprehensive goals. The response by some regional leaders to Julian Wood’s Growing Beyond Growth: Rethinking the Goals of Regional Development while not unexpected was so typical of much public policy discussion. They had not read (or understood)…
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Paper to the Fabian Society, 12 October, 2016 While we continue to chew over the carcass of the Fourth Labour Government – the Lange-Douglas one – we pay little attention to the subsequent Fifth Labour Government. Yet the Clark-Cullen one is greatly shaping the current Labour Opposition and the current National Government. It will,…
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In too many areas the government is avoiding taking policy decisions. When it has to its panic measures are knee-jerk and quick-fix. Just nine years ago, John Key, then leader of the opposition, spoke to the Auckland branch of the New Zealand Contractors Federation about housing affordability which he described then as a ‘crisis reached…
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The strange economic assessment of the proposed extension to Wellington Airport’s runway reduces to a plea for subsidies from tax and ratepayers. I am sometimes asked to assist voluntary groups with a critique of a commissioned economic assessment of a development project. I decline because of the high standard required from me – one which…
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Fracking has changed the energy outlook, with major geopolitical implications About a decade ago, there was much concern about ‘peak oil’ – that the production of oil would peak and then fall off quickly leaving the world’s transport system stranded. The idea is really an extension of the two hundred year old insight of Thomas…
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Can an environmentalist focus solely on sustainability or are they drawn into wider issues such has how fairly the material product of the economy is distributed? Perhaps heightened by the leadership contest in the Green Party, there appears to be a debate going on about where environmentalism fits into the political spectrum. I am not…
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The Northland by-election demonstrates we do not have a regional development policy. Should we? What might it look like? The government’s announcement that it would be upgrading ten one-way bridges in Northland was a response inspired by the forthcoming by-election. Whatever the politics, it well illustrated the feeble state of regional development policy in New…
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