Australia warned climate change inaction could cost billions

The aftermath of a bushfire near the town of Bumbalong, south of Canberra on February 2, 2020

The aftermath of a bushfire near the town of Bumbalong, south of Canberra on February 2, 2020 Source: Getty

A new report has warned the cost of annual damages from climate change-induced weather events, could surpass $100 billion by 2038. It comes as some National MPs push for new coal fired power stations in parts of the country.



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