Tuesday, 30 October 2018

The Guardian article: Australia urged to model economic effects of 1.5C and 2C climate increases

"Progressive 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.

“We do not do modelling on that,” Gaetjens said. “There wouldn’t be any information in a quantitative sense that I could provide at the moment.”

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