Latest / The Kākā by Bernard Hickey
Making up our climate response as we go
TL;DR: The costs of climate change are already bearing down on councils and Governments, forcing decisions on the run about who pays and how they pay, but leaving the issues of intergenerational fairness and long-run climate liabilities unaddressed.
The NZ Herald reports this morning Auckland Council is set to agree a 50:50 cost sharing deal with the Government to buy out land deemed unliveable by flooding and sea-level rise in the wake of Cyclones Hale and Gabrielle in January and February.
The Council is expected to agree to total spending of well over $1 billion to buy land and carry out…
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