Australia's largest stock trading and investment forum Australia's #1 stock forum

The costs of Climate change INACTION, page-89

First 89 Last

Share
Profile

Follow
zzedzz

15,774 Posts.

13/01/20

11:10

Post #: 42348311
Share

Originally posted by bellcurve: ↑

Dave sss, thanks for posting. It gives a true picture, i suspect, of this disaster for Australia that we’re part way living through.

wow, A$110 billion is huge, using as broad an analysis as possible.

this sum will obviously cover all of the rebuilding of the physical world that has been destroyed in the fires: houses and contents, infrastructure etc.

as writer and economist Umair Haque pointed out recently in an essay on Medium.com, that’s money that where possible will merely replace what has been lost. So it will only get us back to where we were. It won’t take us beyond there.

australia could benefit from a huge infrastructure injection but the money to replace what’s been lost will only be found such that we can mark time.

and herein lies another cost of inaction in the face of disaster. And we’re not even half way through summer.

Expand

So how is your so called action going to stop future bushfires. Love to hear the science of that claim.
6 Upvote

Reply

Top Stories

LGM

Legacy hits high-grade gold, silver and copper through drilling at NSW's Bauloora

SKC

SkyCity jumps 2% after copping A$3.6M fine from NZ High Court – far below AUSTRAC's fine

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

QXR

QX Resources increases US lithium footprint with key agreements

QML

QMines jumps +4.6% on drill hits boasting high copper grades

There are more pages in this discussion • 47 more messages in this thread...

First 89 Last