Where Cars Go After A Flood
Lost in the Sahel
One of the troubles with the Christchurch earthquake is the emotion and political overreaction it caused regarding strengthening of old buildings and churches that no one uses. Spending eye watering amounts might makes sense in Wellington but itâ€™s nuts that engineers want to spend billions on filling Auckland buildings with steel and kicking out parishioners.
Wellington risk consultancy Tailrisk Economics is warning against the countryâ€™s estimated $10 billion earthquake-strengthening policy, saying it could have â€śdetrimental effectsâ€ť on the economy and communities.
The consultantâ€™s just released reportÂ Earthquake strengthening policy formulation in New Zealand 2003-2013: A study in failureÂ claims there are serious flaws in the way earthquake-prone buildings are designated.
The reportâ€™s author, Ian Harrison, says New Zealandâ€™s attempt at an earthquake-strengthening policy will cost more than $10 billion but produce benefits of less than $100 million.
â€śNo other country applies across the board national earthquake strengthening standards because it is economically illogical to do so,â€ť the reportâ€™s author Ian Harrison says.Â Read more »
The green taliban likes to claim that “climate change” is going to create more and more storms. After the cyclone in the Philippines thy again re-iterated these claims, including a bizarre speech by Russel Norman in the parliament.
But what are the facts? Well the facts don’t support their claims…no surprises really.
The 2013 hurricane season just ended as one of the five quietest years since 1960. But donâ€™t expect anyone who pointed to last yearâ€™s hurricanes as â€śproofâ€ť of the need to act against global warming to apologize; the warmists donâ€™t work that way.
Warmist claims of a severe increase in hurricane activity go back to 2005 and Hurricane Katrina. The cover of Al Goreâ€™s 2009 book, â€śOur Choice: A Plan to Solve the Climate Crisis,â€ť even features a satellite image of the globe with four major hurricanes superimposed.
Yet the evidence to the contrary was there all along. Back in 2005 I and others reviewed the entire hurricane record, which goes back over a century, and found no increase of any kind. Yes, we sometimes get bad storms â€” but no more frequently now than in the past. The advocates simply ignored that evidence â€” then repeated their false claims after Hurricane Sandy last year. Â Read more »
Like Piers Morgan dancing on the graves of children to promote gun control the Green taliban are now dancing on the graves of victims of Typhoon Haiyan to prmote their cause of climate change.
We saw Russel Norman do it last week in our own parliament an now the we are seeing media enter the fray. Perhaps the worst offenders are the BBC.
Like Russel Norman they are rude and wrong.
Listeners to Radio 4’s Today programme were given an unmistakable but totally bogus message last week: that catastrophic storms such as Typhoon Haiyan are linked to global warming â€“ and are set to increase.
The same claim, which has no scientific basis, was echoed by David Cameron, who said there was ‘growing evidence’ that warming was responsible for storms.Â Read more »
Labour thinks that because they tag “Kiwi” on the front of everything that people will like their daft policies.
The latest daft idea is to create a Kiwi Insurance company to try and undercut all the other companies out there. Their rationale is incredibly flawed because ultimately any insurance company operating in New Zealand alone will have all their risk located in New Zealand….and still have to seek reinsurance offshore…and therefore the underlying costs may actually be more expensive for “KiwiAssure” than that of insurance companies whose risk is spread globally.
The basic premise of insurance is to spread risk…all Labour’s policy does is concentrate risk…and we all know what happened to AMI with the Christchurch earthquake…the provincial under-cutter of insurance fell over.
Labour’s problem is that they think that if something is state controlled it is somehow better…two words…Solid Energy.
Gerry Brownlee gets stuck into them with a few home truths.
Canterbury Earthquake Recovery Minister and Minister Responsible for the Earthquake Commission Gerry Brownlee says Labourâ€™s policy of establishing a state-owned insurer is no different than its other half-formed ideas â€“ itâ€™s emotive, shows a hopeless grasp of economic realities, and raises questions Labour wonâ€™t be able to credibly answer.
â€śLabour might hate private insurance companies, but the reality is theyâ€™re paying for $20 billion of the Canterbury rebuild â€“ twice New Zealandâ€™s annual corporate tax take,â€ť Mr Brownlee says.
â€śThe fact of the matter is you can only undercut insurance competitors if youâ€™re prepared to take greater risk. Â Read more »