News

Hurricane Sandy a reminder of climate change threat

The Atlantic City boardwalk  is taken out as big seas surge ahead of Hurricane Sandy.
The Atlantic City boardwalk is taken out as big seas surge ahead of Hurricane Sandy. Instagram

THE devastation caused by Hurricane Sandy is a timely reminder about the threat posed to life and infrastructure by climate change.

That's the assessment of The Climate Institute, which said the cascading and costly impacts of Sandy - with some estimates at about $45 billion - should add impetus to government and business action on climate and extreme weather risks to Australia's infrastructure.

CEO John Connor said the US storm had come in the same week it released a report dealing this issue.

"On Monday we released a report prepared with business Coming Ready or Not: Managing climate risks to Australia's infrastructure that revealed Australia's electricity, transport, property and financial infrastructure is mostly under-prepared," Mr Connor said.

"Sandy has now given an immediate, tragic and costly lesson in the consequences of such a lack of preparation."

Mr Connor said a report released last week by Baker & McKenzie argued that trustees in charge of Australia's $1.4 trillion in superannuation who failed to consider climate change risk may be in breach of their fiduciary duties.

He also said urgent action was needed by governments of all levels, particularly through the Council of Australian Governments process.

"Australian governments have made progress on disparate elements of the May 2007 National Climate Change Adaptation Framework, but core elements of coordination and governance may only possibly be addressed by COAG later this year," he said.

"State governments in Victoria, NSW and most recently Queensland have wound back coastal planning controls, moves which should be urgently reconsidered.

"COAG needs to see all governments urgently lifting their game, refreshing the adaptation framework and expanding analysis and reporting of infrastructure independencies to risk. The Commonwealth's response to the Productivity Commission's report on barriers to adaptation should carry a similar urgency."

Hurricane Sandy has reportedly claimed more than 40 lives.

Topics:  climate change hurricane sandy weather



An emotional Mike Baird: 'There was great personal cost'

"After 10 years in public life, this moment for me has arrived."

Gig Guide: What's on around town

Former The Voice contestant Dallas James will play the Currumbin RSL on Saturday.

Gig guide: January 19-22, 2017

MPs say farewell to Baird

NSW Premier Mike Baird announced his resignation in Sydney today.

Provest expects more change at the top

Local Partners

Mark Salling's child porn court date cancelled

Mark Salling's upcoming court hearing has been cancelled

Steve Carell pulls cruel prank on fans of the office

Steve Carrell decided to pull a cruel prank on fans of The Office

Married at First Sight: M'boro dad to feature on reality TV

LOOKING FOR LOVE: Farmer Sean Hollands, 35, from Maryborough will feature on the upcoming new season of Married At First Sight.

A bull riding accident put everything into perspective for Sean.

Your chance to drive like Magnum P.I.

Tom Selleck in Magnum P.I. with his trusty 'side-kick' Ferrari.

FERRARI that appeared on classic detective show goes to auction.

Ocean Sleeper discuss being 'Six Feet Down'.

Ocean Sleeper make waves with their new EP. Photo Contributed

Gippsland band shines at Unify

Bowie's final music EP No Plan released

NEW: Artwork for David Bowie's posthumous 2016 EP, No Plan.

David Bowie's 28th and final album

Beautiful Terranora acreage

77 Mahers Lane, Terranora.

Check out this week's feature property.

Thousands of jobs part of $1b retirement village project

THIS YEAR: An artist impression of the new Aveo retirement village in Springfield.

Aveo Springfield unveiled this month, homes ready by July

KNIFE-EDGE: The housing tightrope we now face

Even the smallest interest rate rise will be hard for some to handle.

One if five home owners at risk, according to new analysis

'Difficult times': Rental prices tipped to increase in 2017

GREAT BUYS: There are some great rentals and houses to buy in South Gladstone. Head to gladstoneobserver.com.au for the top 10 homes under $100 to rent right now in the Gladstone region.

Investors may soon see a "profitable return” on properties.

Historical home leaves family's hands after 75 years

SALE CONFIRMED: The Gympie Regional   Realty team which sold the Ramsey property are (back) Mel Gastigar, Dorothy Palmer and Margaret Cochrane, with (front) home seller Terri-Jayne Ramsey.

Ramsey family played a huge role in Gympie's growth.

Ready to SELL your property?

Post Your Ad Here!