Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Tip of the iceberg of climate costs

Tip of the iceberg of climate costs

Green Media Release

18 December 2006

Statistics New Zealand figures released today showing the financial impact of floods on some local governments are just the tip of the iceberg for the expected economic impacts of climate change the Green Party says.

“Statistics New Zealand states that flooding was a major contributor to both local government expenditure and central government grants to local government in the September 2006 quarter,” says Russel Norman, Green Party Co-Leader.

“The cost of repairing damage from flooding in the North Island was the main driver behind the increase in central government grants – up $28.9million to $186.7million in the September quarter (seasonally adjusted),” Dr. Norman says, also the Greens’ Economics Spokesperson.

“Climate change is expected to result in more extreme weather events such as flooding. While it is impossible to say that any particular flooding event was the result of climate change, overall, climate change will result in greater intensity and frequency of extreme weather events including flooding.

“The Stern report made the point that the economic costs of climate change are likely to be much greater than the economic costs of cutting our emissions. Statistics like these give us just a hint of what the economic consequences might look like.

“It is imperative that we play our part in cutting our greenhouse emissions so that we can put pressure on the bigger polluters. New Zealand is the fourth worst in the OECD in per capita emissions and until we improve our performance we won’t be taken seriously.

“The Government still lacks a sense of urgency about this problem but figures like these should be a wake up call.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why Worksafe’s Whakaari/White Island Prosecutions Are Good News

Somewhere in Heaven, Helen Kelly must be smiling about Worksafe’s criminal prosecution of 10 firms and three individuals for their roles in the lead up to the Whakaari /White Island tragedy. In tandem with the subsequent coronial inquest, these court proceedings will hopefully culminate in the creation ( finally!) of a central agency to regulate the adventure tourism sector and improve public safety on matters like risk assessment, safety guidelines, inspection, enforcement and injury reporting... More>>


UN SDG: A Greener, Cleaner, Brighter Future

'The world has a high fever and is burning up. Climate disruption is daily news – from devastating wildfires to record floods. The damage to people and the environment is immense and growing.' - UN Secretary-General António Guterres ... More>>


Carbon Neutral Policy: Gov Declares Climate Emergency

The Government has launched a major new initiative to combat climate change that will require the public sector to achieve carbon neutrality by 2025. More>>


Pill Testing: Govt Moves On Drug Checking To Keep Young New Zealanders Safer This Summer

The Government will pass time limited legislation to give legal certainty to drug checking services, so they can carry out their work to keep New Zealanders safer this summer at festivals without fear of prosecution, Health Minister Andrew Little ... More>>


Tax: Government Fulfils Election Undertaking On New Top Tax Rate

The Government will today keep its election promise to put in place a new top tax rate of 39 per cent on income earned over $180,000. More>>


Media: Stuff Holds Itself Accountable For Wrongs To Māori

Stuff has today published the results of an investigation into itself, and issued a public apology, for the way the media organisation has portrayed Māori, the indigenous people of Aotearoa New Zealand, from its first editions to now. Tā Mātou Pono | More>>


Economy: Crown Accounts Reflect Govt’s Careful Economic Management

The better-than-expected Crown accounts released today show the Government’s careful management of the COVID-19 health crisis was the right approach to support the economy. As expected, the Crown accounts for the year to June 2020 show the operating balance ... More>>





InfoPages News Channels