NSW Government urged to support a National Climate Compensation Fund

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Today NSW Treasury Intergenerational Report on Climate Risk showed that the average annual costs of climate change for NSW was set to increase.

An overwhelming figure of $10 Billion was projected over the coming decades with yearly costs of $75 billion. The Australia Institute has requested that the NSW government responds to these revelations in support to a National Climate Compensation Fund. This will ensure that the money goes back into our economy instead of having to clear up the damage done by giant monopolies carbon emissions.

Ultimately the fund will facilitate in making companies liable for their actions instead of us tax payers.

Produced By: Nathan Nikolic

Featured In Story: Former NSW Premier Robert Carr , Principal Adviser to The Australia Institute, Mark Ogge, and

First aired on The Wire, Monday 12 April 2021