• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

Australia’s looming climate crisis: report warns of intensifying extreme events

by September 15, 2025
by September 15, 2025

A stark warning has been issued regarding Australia’s future, as a government report released on Monday predicts a significant increase in the frequency and severity of climate events. 

These extreme weather phenomena are expected to occur more often and, critically, simultaneously, posing an unprecedented challenge to the nation. 

The report highlights that this intensified climatic activity will place considerable strain across various sectors, including industry, essential services, and critical infrastructure, according to a Reuters report. 

This dire forecast comes just ahead of an anticipated announcement concerning a new national emissions target, underscoring the urgency and gravity of the climate crisis facing the country. 

A comprehensive assessment of climate change risks to Australia concluded that heatwaves will become more frequent and deadly.

Additionally, rising sea levels threaten millions, while plants and animals face displacement, adaptation, or extinction.

Ambitious targets

Climate and Energy Minister Chris Bowen stated that remote communities, outer suburbs of major cities, and the northern parts of the country would be especially vulnerable, according to the report.

“No Australian community will be immune from climate risks that will be cascading, compounding and concurrent,” he said.

Australians are already living with the consequences of climate change today, but it’s clear every degree of warming we prevent now will help future generations avoid the worst impacts in years to come.

Australia has set forth ambitious environmental targets, aiming to significantly reduce its carbon emissions. 

The nation is committed to achieving a 43% cut in carbon emissions by the year 2030, a crucial step towards its long-term goal of reaching net-zero emissions by 2050. 

This commitment underscores Australia’s dedication to combating climate change and transitioning to a more sustainable future.

Further solidifying these environmental commitments, Minister Bowen has indicated that the government is preparing to unveil an additional, “ambitious and achievable” emissions reduction target for 2035. 

This upcoming announcement is expected to provide more concrete details and pathways for Australia’s continued efforts in mitigating climate change beyond the immediate 2030 goal, demonstrating a sustained and progressive approach to environmental policy.

The former right-of-centre government’s emissions policies were seen by clean energy proponents as globally inadequate.

Renewable energy initiatives have encountered opposition from both communities and conservative political figures and media outlets.

Projected impacts of warming 

The report released on Monday indicated that Australia has already experienced a 1.2 degrees Celsius increase in temperature compared to historical averages. 

It also projected that a 3-degree warming would lead to a rise in extreme heatwave days from the current four per year to 18 annually. 

Additionally, the duration of marine heatwaves is expected to extend significantly, from 18 days to almost 200 days.

The report indicated that Sydney could see a 444% increase in heatwave-related deaths, and some forests and marine life might not survive.

A three-degree Celsius rise in global temperatures is projected to elevate sea levels by an additional 54 centimetres by 2090. 

This increase would lead to significant saltwater intrusion, compromising freshwater supplies. 

Furthermore, over 3 million individuals residing in coastal areas would face a heightened risk of flooding, with flood events potentially occurring over 200 days annually, a drastic increase from the current 15 days per year.

The report indicated that rising temperatures and drier conditions would negatively impact crop yields and livestock. 

Additionally, health and emergency services would experience increased strain, rebuilding expenses would escalate, and property values would decline.

On Monday, the government also unveiled a national adaptation plan. Bowen stated that this plan would direct Australia’s actions in response to the report’s conclusions.

The post Australia’s looming climate crisis: report warns of intensifying extreme events appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
The FTSE 100 Index has been in a strong uptrend in the past few months
next post
Hang Seng Index analysis: bullish forecast amid China stimulus hopes

Related Posts

YouTube and Disney strike deal to restore ABC and ESPN after blackout

November 16, 2025

Who will take the reins at Apple after...

November 16, 2025

Bihar election 2025: why the mandate matters to...

November 16, 2025

These 3 luxury stocks will be prime beneficiaries...

November 16, 2025

Experts think Nvidia stock could jump 30% this...

November 16, 2025

Are Pop Mart’s Labubus going the Beanie Babies...

November 16, 2025

Robinhood stock: crypto won’t drive its next leg...

November 15, 2025

Nvidia stock: why did Morgan Stanley raise its...

November 15, 2025

Warner Bros Discovery rise on Friday as potential...

November 15, 2025

John Furner is the right leader to drive...

November 15, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • YouTube and Disney strike deal to restore ABC and ESPN after blackout

    November 16, 2025
  • Who will take the reins at Apple after Tim Cook?

    November 16, 2025
  • Bihar election 2025: why the mandate matters to markets and 5 stocks to watch out for

    November 16, 2025
  • These 3 luxury stocks will be prime beneficiaries of Chinese consumer rebound

    November 16, 2025
  • Experts think Nvidia stock could jump 30% this week, here’s why

    November 16, 2025
  • Are Pop Mart’s Labubus going the Beanie Babies way? Analyst answers

    November 16, 2025

Editors’ Picks

  • 1

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 2

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 5

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 6

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 7

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025

Categories

  • Economy (3,236)
  • Editor's Pick (326)
  • Investing (185)
  • Stock (2,199)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Deep dive: Why Costco’s Q2 pleased investors...

March 8, 2025

Wood Group edges closer to Sidara takeover,...

August 26, 2025

Intellistake announces exclusive partnership with Singularity Venture...

July 16, 2025