Australia weather disasters may drive out re-insurers

4 February 2011 (businessspectator.com.au) – Suncorp Group chief executive Patrick Snowball has warned that reoccurring natural disasters might drive multinational re-insurance companies out of the Australian market. Speaking to ABC TV’s Inside Business, Mr Snowball said that many people in Queensland did not have flood insurance, which was causing re-insurers to avoid targeting the state. […]

Climate Institute: Cyclone Yasi reminder of climate risks and costs

For further information: Harriet Binet, Communications Director, The Climate Institute | 02 8239 6299Friday, 04 February 2011 13:19 Cyclone Yasi which devastated large swathes of northern Queensland has come on the heels of a raft of extreme weather conditions in Australia and around the world which scientists say will increase in frequency and intensity unless […]

Asia faces climate-induced migration ‘crisis’

[cf. Climate mass migration fears ‘unfounded’] Singapore (AFP) Feb 6, 2011 – Asia must prepare for millions of people to flee their homes to safer havens within countries and across borders as weather patterns become more extreme, the Asian Development Bank warns. A draft of an ADB report obtained by AFP over the weekend and […]

Victoria swamped: Storm wreaks havoc – ‘We’ve never seen anything like it in Australia’

Peter Munro and Mark Russell, with Ruth Williams and Anna WhitelawFebruary 6, 2011 VICTORIANS have been warned to prepare for more wild weather as flash flooding and storms wreaked havoc across the state, ripping roofs from buildings, tearing up trees and closing roads, schools and churches. Driving rain and winds of more than 130km/h battered […]

Climate mass migration fears ‘unfounded’

By Roger Harrabin, Environment analyst, BBC News 4 February 2011 New research challenges the view that people would migrate to other nations as a result of climate change. The study by the International Institute for Environment and Development (IIED) said people tended to stay in their own country. It added that people had been uprooted […]

Australia storms push commodity prices higher – Sugar price hits 30-year high

By Amanda Drury, CNBC News AnchorPublished: Friday, 4 Feb 2011 | 11:27 AM ET El Niño and La Niña have a lot to answer for. And we’re not talking about two naughty kids. Weather pattern El Niño brought Australia a crippling drought for nearly decade. La Niña has taken its place with decidedly strong and […]

Drinking water crisis in Townsville after Cyclone Yasi

© The Cairns PostFriday, February 4, 2011 TOWNSVILLE may have escaped the worst of cyclone Yasi, but now faces the prospect of running out of water. Townsville Mayor Les Tyrell has warned the city could run out of fresh drinking water after power was cut to the main water treatment plant. Cr Tyrell has pleaded […]

Risk management in the era of unpredictability

By Leon GettlerFebruary 1, 2011 Urbanisation, climate change and globalisation are leading to more and bigger catastrophes. THE floods that ravaged Queensland and Victoria are a warning for businesses to overhaul their risk-management strategies. They are events that tell us we are now in a very different world. How different? Erwann Michel-Kerjan, managing director of […]

2 severe Amazon droughts in 5 years alarm scientists – ‘A grim future for Amazonia’

Contact: Hannah Isom, h.isom@leeds.ac.uk, University of Leeds3 Feb 2011(University of Leeds) New research shows that the 2010 Amazon drought may have been even more devastating to the region’s rainforests than the unusual 2005 drought, which was previously billed as a one-in-100 year event. Analyses of rainfall across 5.3 million square kilometres of Amazonia during the […]

Australia government’s global warming adviser Ross Garnaut warns of worse natural disasters to come – ‘You ain’t seen nothing yet’

By Malcolm Farr, National Political Editor, news.com.auFebruary 03, 2011 6:00PM THE Government’s global warming adviser Ross Garnaut today warned flood and storm battered Australians: “You ain’t seen nothing yet”. Prof Garnaut said climate change caused by global warming would increase the incidence of severe weather features and cause bigger natural disasters. He did not directly […]

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