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Storms - the cost of doing nothing PDF Print E-mail
Sunday, 24 May 2009 08:31

As storms batter the North coast of NSW, you have to ask whether its got anything to do with climate change - after all we seem to get 1 in 10 year storms every year now. Winds reached 133km/h on Thursday morning, and significant parts of the region are still without power.

Insurance companies are starting to re-assess their risk based on climate change, with specific reference to these storms.

As the big polluters complain about costs, and job losses, they neglect of course the cost of doing nothing, and the jobs that will be created in a new green economy.