The cost of increasing climate disasters and the economic warfare against Russia

This week as severe flooding causes havoc in south east
Queensland and parts of NSW, two important, relevant reports were
released. One by the Insurance Council of Australia outlining
what the Federal and State Governments need to invest to protect
against the cost of increasing climate disasters and one by the
Intergovernmental Panel on Climate Change with a very grim
outlook for Australia if emissions aren't cut dramatically. Nicki
Hutley, independent economist and Economist with the Climate
Council untangles the numbers and considers what we're facing
with these current floods.