« Headline: Treasury eyes overhaul of state mining royalties | Main | Headline: House prices show more resilience than expected »

06 August 2008

Headline: Climate change stops home plan

Australian Financial Review, pg 3. Lisa Carapiet. 6 August 2008.

Victoria's Civil and Administrative Tribunal has rejected an application to build six coastal homes in South Gippsland Shire, saying the effects of global warming would make the land 'unsuited for the proposed development.'

The Environment Defenders Office Victoria say the decision is significant to many developments along the coast, while Martijn Wilder, head of Baker & McKenzie's climate change practice and chairman of the NSW Climate Change Council said courts and insurers would increasingly take climate change issues into consideration. Mr Wilder noted that insurers such as Insurance Australia Group are already publicly saying many coastal areas are being affected by severe weather more frequently.

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d834b1cd6353ef00e553d0728e8833

Listed below are links to weblogs that reference Headline: Climate change stops home plan:

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.