
RSM's talkBIG Podcast
talkBIG is RSM's business finance and economics podcast, helping you save, create and protect your wealth. This podcast delves into real-life stories and inspires listeners to talk and think BIG. This is edutainment at its finest, suited for financial geeks or newbies. Tune in and subscribe to get your hit of personal and business money talk.
RSM's talkBIG Podcast
Economic effects of climate change
David Pearce has been studying the economic effects of climate change and related issues for over 30 years. Over recent times in Australia alone, we've experienced increasing economic threats due to floods, bushfires and natural disasters. Being a coastal nation, sea levels rising which will affect most of our major cities in the near future. Maintaining agricultural productivity, more droughts or floods and heat stress in general will also be of a particular concern.
When the solution seems clear, how can one make world leaders think beyond the next 2-3 years? The estimated cost of climate change itself to the Australian economy is predicted to be between 2-6% GDP. It is also in our interest to be part of international efforts to reduce emissions and to encourage other larger polluting countries to lower theirs.
In this episode, we explore the opportunities available and what might be hindering more rapid progress from both the Government and private sector.
Thanks for listening! Visit the RSM Australia website to ask the hosts a question.