Page 6 - Merwin Jackson News Today

More is at stake in Australia’s 21 May election than who will be Prime Minister, with the winner to determine the country’s climate future.

Local businessman Erwin Jackson gave out between $9,000 and $10,000 in $50 bills to shoppers Thursday morning at the Piggly Wiggly.

The Prime Minister, for one, is gambling that the political landscape of climate change hasn’t moved that much in Australia since his win in 2019, as the Glasgow summit looms.

Australia is on par with Saudi Arabia and Russia as one of the least attractive destinations for green investment, as the world switches to a cleaner energy future.

Adoption of the BCA’s target of 46 to 50 per cent emission reductions by 2030 would take pressure off the Morrison government at the COP26 climate summit.

The cost of extreme weather in Australia has more than quadrupled since the 1970s, reaching $35 billion in the last decade, according to new research from the Climate Council. Extreme weather events caused by climate change, as well as the effects of sea-level rise, might cost Australia $100 billion per year by 2038.

More than 130 of Australia’s biggest companies have told the federal government a strategy to reach net zero by 2050 not only makes environmental sense but could grow jobs and the economy in the process.

Catastrophes like fires and floods could set the economy back more than $1.2tn by 2060, even if action is taken

40% of surveyed investors had portfolio-wide net zero by 2050 targets in 2021, up from 27% in 2020.

An investor group has doubled down on warnings the Australian economy could be left behind as the world tackles greenhouse gas emissions.