Australia faces a costly future with climate change’s weather extremes
Poor planning leaves Australia exposed to climate change and massive damage bills, CSIRO says ABC News, By environment and science reporter Jake Sturmer and the National Reporting Team’s Mazoe Ford 9 Dec 2014,
As Sydney and Brisbane clean up from severe storms and the planet heads towards its hottest year on record, the CSIRO is warning the damage caused by extreme weather could cost Australia more than $1 trillion.
The ABC has obtained advice from the nation’s premier science agency warning climate change and poor planning were leaving the nation increasingly exposed to natural disasters.
The CSIRO draft discussion paper said the cost of replacing homes and other buildings exposed to bushfires, inland flooding and coastal inundation could almost double by 2100 to $1.38 trillion.
“All evidence suggests that the current trend of increasing disaster costs will continue into the future with a direct impact on Commonwealth expenditure,” the CSIRO said.
“Climate change is likely to increase this trend in the longer term for many hazards.”………………http://www.abc.net.au/news/2014-12-09/damage-bill-for-extreme-natural-disasters-could-top-1-trillion/5955734
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