The Real Costs of Climate Change
b'When I ask you what the cost of climate change is, you\\u2019re most likely to answer with a bigger macroeconomic picture.\\n\\nBut what are the actual figures?\\n\\nNatural disasters already cost Australians over $13 billion on average every year, expected to rise to $39 billion per year by 2050. The National Climate Disaster Fund is a proposal by independent think-tank the Australia Institute for an independently administered fund to reduce the cost burden of natural disaster response and recovery to Australian households, businesses and taxpayers.\\n\\nJoining me today is the Australia Institutes Principle Climate Advisor Mark Ogge.'