Irrigation NZ, a vested interest if I’ve ever seen, ran shonky ads in the HB Today last week. Word is there are numerous complaints to the Advertising Standards Authority over the ads.
They were so wonky, and one-sided that one economist decided to take them to task.
Peter Fraser, Principal – Rōpere Consulting, and long time critic of the Ruataniwha Water Storage Scheme, responds to the newspaper advertisements where Irrigation NZ attempts to “‘dam’ Ruataniwha myths”.
“Far from being a decisive and convincing exposé, the so-called ‘facts’ are unconvincing, disingenuous and internally contradictory” Mr Fraser said.
Mr Fraser made responses to the following Irrigation NZ statements:
• Claim: It is an economic gamble. Fact: 190 farmers have signed up to take water and numerous reports by reputable economists support the project’s objectives
o Response: 190 farmers represent approximately 40M m3 of the scheme’s 104M m3 capacity – so it remains an open question – and a risk to ratepayers – who will use the other 64M m3. It is also worth noting that the ‘reputable economist’ referred to by Irrigation NZ was employed by HBRIC and the cost-benefit analysis produced had to be calculated a second time after the scheme failed to meet the public sector discount rate the first time round. Read more »