As more flooding looms for Australia, insurers pitch a bold plan
www.abc.net.au
The peak body for insurers wants the next federal government to stump up $30 billion to protect homes against an onslaught of climate-fuelled flooding predicted to batter Australian communities in the coming decades.

I guess climate change isn’t real /s

  • SalvoEnglish
    6·
    3 days ago

    “Insurance Industry demands Taxpayers subsidise their record profits”

  • trolololol@lemmy.world
    3·
    3 days ago

    Just do like Hawaii did and build this fund by taxing on polluters, see how fast they’ll stop marketing gas and oil.

    I think California is also suing oil companies for damages.