The warnings about the impacts of human-induced climate change have been loud and clear for over fifty years, with the First World Climate Conference, the first major international scientific gathering to discuss the problem, being held in Geneva in February 1979.
The Rio de Janeiro Earth Summit followed in 1992, which led to the establishment of the United Nations Framework Convention on Climate Change and the adoption of a global plan for sustainable development. 155 countries, including Australia, signed up, nominating 2000 as the year signatories would reduce emissions to 1990 levels.
2000 came and went, and with global emissions still on the rise in 2006, British economist, Nicholas Stern, presented his climate change review famously pointing out that, “the benefits of strong and early action far outweigh the economic costs of not acting.”
Another 20 years have now elapsed, with procrastination and politics combining to ensure that greenhouse gasses continue to rise worldwide. So, it was no great surprise last week to hear Günther Thallinger, a board member of the insurance giant, Allianz, assert that “the climate crisis is on track to destroy capitalism.”
He also pointed out that the world is fast approaching temperature levels where insurers will no longer be able to offer cover for many climate risks, something that would come as no surprise to householders in flood zones and high bushfire risk areas, many of whom can no longer find insurers willing to take on the risk, or if they do, the cost is prohibitive.
Extreme weather events, bushfires, floods and heat waves, have been seemingly endless in recent years, costing the government, or more specifically taxpayers, many billions of dollars, and priceless damage to the environment.
However, despite all of this, and some determined young folk protesting loudly over the lack of action on climate change, we were forced to watch last week’s leaders debate ramble on about cost of living and housing, with climate change barely mentioned.
Politicians need to get their heads out of the sand and focus on the real issues.
- John Edwards
Originally published under the title "Heads in the Sand" in the Voices for the Earth column in The Clarence Valley Independent ,16 April, 2025.