Australia urged to model economic effects of 1.5C and 2C climate increases

Thinktanks and investor groups want economic implications examined as Lancet open letter attacks dismissal of IPCC reportProgressive thinktanks and investor groups want the Australian government to model the economic effects climate change will have on Australia under 1.5C and 2C warming scenarios.This week the new Treasury secretary, Phil Gaetjens, told a Senate estimates hearing the department had done no modelling that compared the difference in economic impacts of 1.5C of warming and 2C. Continue reading...