Joint Centre for Disaster Research reposted this
BUYOUT OR MORE SOPHISTICATED RISK MANAGEMENT? The government are suggesting that agreement will soon be reached on climate change and other hazard buyouts of affected properties, after the increasing scale and likelihood of such events gave us all a reminder in coastal Otago this weekend. https://lnkd.in/g2VRt7mg A more sophisticated approach would be ideal, where homes can be made secure by investing $ tens to low hundreds of thousands to raise homes, and to move infrastructure out of harm's way, rather than blanket buy-outs. Enabling communities to remain intact and reducing the need for more new homes elsewhere. Transition homes could be constructed for residents while their homes are made safe, to be used later as student or affordable accommodation, as occurred on-mass in and and around l'Aquila, Italy, after their devastating April 2009 quake. https://lnkd.in/gg_Rsm74 Meanwhile, the NZ coalition government literally diverted the Climate Change Emergency Fund, collected from Emissions Reading Scheme, to pay for tax cuts. In what they call a "climate dividend". One of the most corrupt moves in New Zealand political history since Muldoon cancelled the New Zealand Superannuation fund.