Loss of coral reefs caused by rising sea temperatures could cost $1tn globally

[NickB79]

https://www.theguardian.com/environment/2017/apr/12/loss-of-coral-reefs-caused-by-rising-sea-temperatures-could-cost-1tn-globally

“This isn’t just an environmental issue. The Great Barrier Reef is one of Australia’s greatest economic assets. It’s responsible for bringing in more than $7bn each year to our economy, while also supporting the livelihoods of around 70,000 people. A healthy Great Barrier Reef underpins the tourism industry and the jobs that it supports.”

The $1 trillion figure for the value of the world’s coral reefs is derived from a 2015 report led by Ove Hoegh-Guldberg, director of the University of Queensland’s Global Change Institute, which found that worldwide, reefs supported 500 million people across 50 nations.

But addressing climate change is too expensive, and is bad for business! Think of the billionaire coal barons and oil magnates!

[Eliot Rosewater]

1. Climate change denial or it's cause

and premeditated murder are the same.