Latest / The Kākā by Bernard Hickey
Slow consenting could create $16b climate liability by 2050
TLDR: Now we have a climate liability number to measure the potential failure of the RMA reforms with. Along with housing affordability effects, I think it’s the lens through which we should assess all our big decisions and changes.
A damning and detailed report by Sapere for the Infrastructure Commission (Te Waihanga) on the RMA reforms was released this morning. Sapere forecast the expected delays in the new system could block projects responsible for up to 34% of the emissions reduction needed to hit our net zero targets by 2050. It estimated that meant Aotearoa faced climate liabilities…
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