<
https://reneweconomy.com.au/queenslands-prepare-and-repair-disaster-economy-brought-to-you-by-coal-and-climate-change/>
"Queensland is the most disaster-prone state in Australia.
It experiences about 60 per cent of the nation’s natural disasters, its $95
billion reef asset faces accelerating bleaching, and a significant share of its
economy is in industries directly vulnerable to extreme weather.
The economic evidence shows these costs are rising, both in absolute terms and
as a share of economic output.
Queensland is more or less actively encouraging more disasters in Queensland
via coal and gas investment and this, along with what the rest of the world is
doing, means that “prepare and repair” will continue to offer investment
opportunities.
Mining in total represents about 13 per cent of gross state product (GSP) and
coal mining is probably half that. Even at the new royalty rates it’s 6% of
government revenue.
But sectors exposed to increasing disaster costs represent about 20% of GSP.
There are about 50,000 jobs in coal mining compared to about 300,000 jobs in
agriculture, tourism and accommodation alone that are negatively exposed to
disasters in Queensland."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
