Under the current policy environment, the property market is expected to lose a whopping $571 billion by 2030 from climate change and extreme weather according to new modelling released by the Climate Council on Thursday.
The report, Compound Costs: How Climate Change is Damaging Australia’s Economy, attempts to put a price on climate inaction in the context of a federal election fought in part over climate change policies and their associated economic costs.
Source: Poppy Johnston | 9 May 2019 | The Fifth Estate
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