The numbers on mining don’t stack up (NZ)

By: MARTY G

Source: thestandard.org.nz

There’s a hell of a lot of mis-information and confusing numbers about the economic potential of mining around, and that suits Gerry Brownlee and National because it lets them exaggerate the case for opening up the National Parks.

John Armstrong says “Unfortunately for National, cool economic logic has a hard job competing with emotions stirred up by warnings of endangered kauri forests, dead kiwis and mud slides.” But the reality is the numbers aren’t as great as they would have you think. Even putting the environmental concerns to one side, the economic benefits just aren’t that flash.

Let’s have a closer look:

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