Treasury has killed plans to include the cost of climate responsibilities on Government books.

Former Climate Change Minister James Shaw wanted the $23 billion cost included.

But Treasury says the sum doesn't meet generally accepted accounting methodology.

Former Finance Minister Steven Joyce told Mike Hosking that including the cost would be purely political.

He says it's listed on the accounts as a fiscal risk but doesn't need to be quantified at this stage.

LISTEN ABOVE

Treasury has killed plans to include the cost of climate responsibilities on Government books. 
Former Climate Change Minister James Shaw wanted the $23 billion cost included. 
But Treasury says the sum doesn't meet generally accepted accounting methodology. 
Former Finance Minister Steven Joyce told Mike Hosking that including the cost would be purely political. 
He says it's listed on the accounts as a fiscal risk but doesn't need to be quantified at this stage. 
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...