The Herald explains that Brian Fallow is its Economics Editor, but he belly-aches and pontificates about climate change more than anyone.
I suppose he must be an economist, since he’s divertingly keen to discuss all kinds of fascinating financial and structural details of transforming New Zealand society but little concerned with evidence that might justify it.
The result is he carps noisily on a ruinous, indefensible crusade. He insists the country spend time and tax “adjusting” to a “low-carbon” economy, though he freely admits we won’t thereby affect the climate even minutely.
Worse, he won’t say why we should do it. Not really why — not scientifically, plausibly tell us the necessity for it.
Let me highlight this error of judgement by rebutting a couple of his latest points. Read more… »