In Australia, average temperatures have risen almost one degree since 1910, and each decade since the 1940s has been warmer than the one before. That warming is real. Its consequences are real. And it will change our lives in real and practical ways.
Our nation is well equipped to make the transition. We have an abundance of natural resources like wind, natural gas, solar and geothermal.
In the quest for comparative advantage, investment will flow towards those countries that can offer more output for fewer emissions. Inaction will cost jobs. Action will support jobs.
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