$176b a year lost to green tape, $7k per Australian

Thanks to the IPA we can see just how fast green tape multiplies. In 1971 the first environmental laws covered just 57 pages. But now there are 4669 pages of laws. The IPA estimates that costs the nation $176b a year in lost economic opportunity. That’s a lot of jobs, and a lot of trees.

If the IPA is right we’d all be $7,000 richer (every man, woman and child). Reckon voters might find that appealling?

Dennis Shanahan, The Australian

Green tape’s 80-fold explosion, costing $176m a year

That’s a curve that looks like the CO2 emissions. Does extra CO2 cause environmental laws? Could be…

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A tale of economic destruction:

The Adani central mining project application has been running for seven years and faced more than 10 court challenges. It includes a 22,000-page environmental impact statement.

In the Pilbara in Western Australia, the Roy Hill iron ore mine had to obtain 4000 separate licences, approvals and permits just for the pre-construction phase.

The Turnbull government vowed to review environmental laws to prevent activist groups’ legal challenges to development projects ranging from dams and roads to coalmines. It said challenges under section 487 […]