Why costs of not acting on climate change 'more concerning'

At pre-polling in Toowoomba last week, this letter writer spoke to an LNP member who was concerned about how much acting on climate change will cost.

Climate change rally outside John Mcveigh's office. Friday, 3rd May, 2019. Picture: Nev Madsen

At pre-polling in Toowoomba this week I spoke to an LNP member who was concerned about how much acting on climate change will cost.

Unfortunately the costs of not acting are more concerning. The independent Climate Council says if nothing is done, Australia's property market is expected to lose $571 billion by 2030 and our agricultural and labour productivity wealth losses would exceed $19 billion.

The Bank of England says climate change could cause $20 trillion in losses.

The World Economic Forum's global risks report identified climate change as the number one risk for future global stability and said, "of all risks, it is in relation to the environment that the world is most clearly sleepwalking into catastrophe."

That's why it was so important to have voted for a party with evidence-based climate policy this election, which unfortunately in Toowoomba only included Labor and the Greens. I look forward to when all parties offer real solutions to this crisis.

ALISON FEARNLEY, Horton St
 

Originally published as Why costs of not acting on climate change 'more concerning'