Prime Minister Anthony Albanese refuses to ban new gas and coal projects in an interview with Sarah Ferguson for ABC.

Albanese states that a moratorium would have a ‘devastating impact’ on Australia’s economy. However, the CSIRO’s decadal megatrend report predicts that climate change and its consequent natural disaster will cost Australia $39.3 billion annually by 2050.

Image: Image Credit: Shutterstock- kamilpetran

Produced By: Jada Susas

Featured In Story: Amanda McKenzie, CEO Climate Council

First aired on The Wire, Wednesday 27 July 2022