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Live: NSW Now: Ongoing natural disasters will put our AAA rating at risk, report warns

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MORNING BRIEFING: Credit rating agency Moody's says immediate climate disasters can be managed, but ongoing drought and bushfires will pose significant credit risks to the state.

Natural disasters will put the state's AAA rating at risk in the long term, says credit rating agency Moody's.

The state's capacity to handle immediate climate hazards will be exhausted as"long-term impact poses credit risks". The independent inquiry will take into account the role weather, drought, climate change, fuel loads and human activity played in the disaster.

 

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That and being an anti-climate action international pariah without a plan of how to adapt is sending investors running. ScottyfromMarketing has no economic plan.

Yeah....Moodys is not the place I’d be taking advice from....

'The report warned prolonged drought and longer, more extreme bushfire seasons' So it's come down to just reporting boldface lies now has it? AntiJournalism FakeNews AntiScience

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