What is the primary effect of droughts in Australia on its agricultural industry?
Droughts reduce crop growth and livestock productivity, leading to economic losses in agriculture.
How does climate change impact Australia’s tourism industry, particularly the Great Barrier Reef?
Climate change causes coral bleaching and environmental degradation decreasing tourist appeal.
What are the economic consequences of increasing bushfires in Australia due to climate change?
Increased bushfires lead to property damage and higher insurance costs.
How are rising sea levels a threat to Australia’s economy?
Rising sea levels threaten coastal infrastructure, increasing repair costs and displace businesses.
What ways do climate policies trade affect Australia’s coal and mining exports?
Stricter climate policies demand for less fossil fuels, impacting the mining industry.