Plastic bags, climate change, renewable energy,

I know there is a bit of economic modelling around this issue, especially for insurance purposes.

Going to be so hard / very expensive to insure coastal properties AND bush properties soon in Aus.
 
"...unprecedented coastal erosion
..."
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Get ready for the "un" to be removed in due course.

This is all part of this adaptation model that we seem to be prepared to accept.

ETstFx9U0AEnKi9.jpg


Fuck we be stoopid.
 
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For The Win Smiley Face, @Haakon. Whatever.

This is an interesting legal case!

https://www.theguardian.com/law/202...ralia-of-misleading-investors-on-climate-risk

Rob Henderson, a former National Australia Bank markets chief economist, now an economics and financial consultant, said it was a “really interesting claim”.

He said there had been a significant shift in thinking over the past decade that had accelerated after the Australian Prudential Regulation Authority warned in 2017 that it was not safe for companies to ignore climate risks. He said Australia’s major banks now all published annual climate reports and issued green bonds.

“In some ways I’m surprised this claim hasn’t been brought earlier, and the commonwealth hasn’t taken the initiative in laying out how it would do this properly,” Henderson said. “It’s an anomaly in our current financial system.”
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hifiandmtb said:
I read today they plan to spend fifty-two million dollars pumping sand at Stockton Beach.

And then what.
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You need to watch the dredge...

The harbour requires constant dredging to stay deep enough for the cargo ships. The dredge is a filthy machine and runs in and out of the harbour all day, a filthy brown line running behind it in the water. Once full it goes out a few hundred metres and dumps the load. The water looks fucking horrible as the filth pours out. Apparently there is nothing toxic in the mud, but after more than a hundred years of heavy industry that is hard to believe.
 
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