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Ruataniwha Dam

This 47 min. presentation by economist Peter Fraser explains the financial folly of sinking ratepayer and taxpayer money into industrial-scale dams – the only way they stack up is if the water is free + public money can subsidise these projects.  Fraser also debunks the tired old arguments used to promote these projects: “it’s about climate change resilience”, “we need development”, “it’s all about protecting the environment”.  Recorded in 2020, Fraser’s well-informed economic analysis is even more relevant today as economically illiterate politicians (read “Shane Jones”) continue to spruik zombie projects like the Ruataniwha dam
 

RNZ Hawke's Bay Reporter Tom Kitchin covers the HBRC Ruataniwha Dam consent deferral 

 

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