$1b wiped off farm incomes from 20 years of climate change, ABARES finds

ABC News: Lucy BarbourMore than $1 billion has been wiped from the value of Australia's annual crop production due to the change in climate over the past two decades, according to a new report.

It found changes in climate since 2000, had reduced the average broadacre farmer's profits by 22 per cent, or about $18,600 per year. "We knew it was big, but we didn't have a precise number before and this model and method allows us to get at that," report co-author Steve Hatfield-Dodds said. "Dry years are more frequent since the year 2000 … temperatures have gone up by about 1 degree since 1950."The ABARES report has thrown up questions about government support for farmers affected by drought, and how best to drive innovation in the sector, as the climate continues to change.

National Party laughing all the way to the bank!

Perhaps instead of wringing our hands about it we would be building water infastructure? Climate change or not Australia has always had dry periods, water diversion & storage is the only sure solution. Build the Bradfield. BradfieldThe

or maybe just the usual droughts and floods that always occur? yep

aconvict Excellent economic management eh?

So grain prices unchanged in 20 years has no impact?

ABC really starting to remind me of the German Propaganda in WWII. Getting beyond a joke

diversify

That's nothing, the ABC wipes $1b from this nation's income every year!

the cost of climate inaction Reef tourism is going next

It did get a bit warmer in the 20th century, but has stopped increasing this last 20 years. Still, This stable warm period has done wonders for global farm production.

Climate is measured in units of 30 years so it is highly questionable to make any such claims about a 20 year period. What they are really talking about is the impact of weather variability.

Current global temps are lower than 21 years ago. Latest UAH RSS data.

Sill not as bad as Australia's worst period of drought & heat between 1890 & 1910, must of been all those SUV's fault.

But the weather is probably nice in Honolulu, right ScottMorrisonMP? WhereTheBloodyHellAreYou

Just Stop!🙄

And its only thr beginning for sure BUT HEY atleast we have cotton farmers!!! They need alllll that water

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