One in 10 properties in Australia are expected to be uninsurable within the next decade, according to climate change risk analysis modelling.
The latest calculations from Climate Valuation analysts found about 380,000 properties in Australia were either uninsurable or unaffordable to insure, equating to about one in every 20 homes.
That figure was expected to increase to one in 10 within the next decade, according to the firm’s latest data.
Having done everything we can to make climate change worse, the dildo of consequence has arrived.
And here was I worried about how things might look in 2050-2100 with projected sea level rises and god knows what happens to Greenland or Antarctic ice sheets.
It’s already here.