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Feeling weirded out by the weather lately? Brace for impact, say economists
['Tina Perinotto']
The Fifth Estate
Freakishly warm by early August standards.
In our inner west Sydney office, we didn’t need any heating until…the sun went down.
But the past year has delivered climate-related shocks that are becoming impossible for businesses to avoid.
Allianz Research analysed the likely economic impact… France, Japan, Italy, Germany and Spain, would be 5 to 7 per cent lower than their base-line trajectories by 2030.
We need to look at cooling – in buildings and our cities – as “less of an appliance issue and more of a systemic issue,” chief heat officer, says