Suing large emitters for climate-related damage to buildings and infrastructure is 'not going to happen', says legal academic Jan McDonald, who warns a national levy might be necessary to deal with the massive task of retrofitting and relocating assets that are vulnerable to these risks.
The U.S. Waxman-Markey climate bill, which recognises carbon offsets from changed agricultural practices, will 'fundamentally change the game that's being played in Australia', says Peter Cosier, director of the Wentworth Group of Concerned Scientists.
G8 leaders accepted a goal of preventing more than two degrees warming, but 'ignored' the path for getting there – ensuring global emissions peak by 2015, says UN chief climate scientist Rajendra Pachauri (plus video link).
Nobel Prize winner and former U.S. Vice President Al Gore this morning launched a project that aims to develop a costed program to rapidly transition Australia to a zero net emissions economy and which draws heavily for its inspiration on his Repower America initiative.
New scientific findings indicate climate change is occurring faster than previously thought and could result in 'extreme' high sea-level events becoming at least 10,000 times more frequent in Sydney and 1,000 times more fequent in Melbourne, Hobart and Brisbane by the end of the century, says a report released today by Climate Change Minister Penny Wong.