Rising Oceans to Threaten 1.5 Million Australians by 2050

A new report warns that rising sea levels and flooding will impact 1.5 million Australians by 2050. The findings come just days before the Australian government announces new emissions reduction targets. The report highlights the growing threat of climate change, which is already affecting the country. By 2090, the number of Australians at risk from rising oceans could reach three million.

The national climate risk assessment predicts massive losses in property value, reaching $611 billion by 2050. This could rise to $770 billion by 2090. Coastal areas will be particularly vulnerable, with millions of people facing flooding and extreme weather events. Cities like Sydney could see heat-related deaths increase by over 400% if temperatures rise by 3°C.

Climate Minister Chris Bowen emphasized that climate change is no longer a future risk, but a current reality. He noted that the impacts of rising temperatures are already being felt across the country. The government is now under pressure to act swiftly and effectively. Many expect the upcoming emissions targets to be more ambitious.

Australia, one of the world’s largest exporters of fossil fuels, has faced criticism for its slow response to climate change. While the government has taken steps to reduce emissions, critics argue that more needs to be done. With the release of the new climate targets, the global community is watching closely.

As the report underscores, immediate action is crucial. Australia’s future will depend on how it addresses climate change now. The coming months will be key in shaping the nation’s response to this growing crisis.