Economissive

You wouldn't disagree with Hanson's position on immigration though, would you @bernardchickey.bsky.social?

Pluribus / Plur1bus

Yo

Find a way to check out Vince Gilligan's new show

Romance author vs pod people. Excellent start

Unfortunately, Ardern and Hipkins failed too in this area

It's effectively an abandonment of our Paris commitment

The para here by Henry Cooke isn't the point. NZ has always been able to meet commitments by using offshore reductions

The point is that if NZ just doesn't buy these offshore credits/reductions, we don't have to make up the difference with domestic reductions
www.thepost.co.nz/politics/360...

I don't think anyone thinks 1.5 degrees is feasible (we've probably already gone past it), but the options should be around changing that measure (to 1.7 or 2.0 or whatever), not gutting large parts of our legislation.

A steady (and fast) reduction in emissions is required to be consistent with 1.5 degrees. That's what the emission budgets do. The 2050 target is insufficient by itself

The changes are setting us up to miss our current international commitments and to slow emissions reductions after that

There's also this (para 14(b) of the Cabinet paper)

Emission budgets are meant to steadily decrease emissions on the way to net zero in 2050. The 2050 target itself is not consistent with 1.5 degrees if up until 2049 you don't reduce emissions and do everything in 2050...

This would be a removal of a significant part of the climate change policy framework and, potentially, sets NZ up to default on its international commitments

NZ Governments stuffed around too long not cutting domestic reductions fast enough and not securing international credits soon enough and is now proposing to change the law to let itself off the hook

The Government is laying the groundwork for not meeting our international carbon reduction commitments through offshore credits and then also not meeting these commitments through domestic carbon reductions
environment.govt.nz/assets/publi...

Great story

This explanation (pic) doesn't cut it. NZTA produces cost indexes / escalation factors which are public and could have been used to roughly update old numbers

Castalia ticked off National's number like they did the Foreign Buyers Tax calcs

files-au-prod.cms.commerce.dynamics.com/cms/api/qwxs...

Need @tslumley.bsky.social to post about the education results

x.com/Economissive...

Why is the economy so shit? A highly technical question we sent out to many of the nation’s leading economists....

Why is the economy so shit?

Good story

Class solidarity and the class is landlords holding back cities

It's factual

And they're why you're, no doubt, paying ridiculous rents

Your solution is giving retirees effectively a veto over making cities better

That's not antitrust or socialism

Inviting retired cranks who have nothing to do with their time than complain is a great way to decide how everyone should live

The answer: Because we don't allow supermarkets to pop up whereever they're needed. The duopoly buys up land or submits against new building, inhibiting competition

You solution of even fewer supermarkets is... In technical terms... Quite dumb

You: "it's bad to have a supermarket closer to where people live 😭 “

You: "Prices would be lowest if there were no supermarkets at all"

Are you encouraging your electorate to accept the supermarket because it'll mean more competition?

Bro, you're opposing a new supermarket in your electorate

Bernard Hickey spreading seductive nonsense

Changing who pays from Govt to charges (actually returning many charges to previous 100% user pays levels) has no impact on inflationary pressures
bsky.app/profile/sara...

Transferring funding from the Govt to consumers doesn't have 'inflationary implications', only changing who pays

Bernard Hickey has several 'free lunch' theories. They're all nonsense

If you want to argue that the Government should pay for roads rather than drivers, go for it (also a silly argument to me)

But the idea that this will then cause the Reserve Bank to increase interest rates is dumb