<
https://www.abc.net.au/news/2026-05-19/victoria-infrastructure-risk-from-climate-change/106678950>
"Melbourne’s road and rail networks will incur the greatest costs in
infrastructural damage from natural disasters, a new report reveals.
The report published by Infrastructure Victoria looked at $318 billion worth of
state-owned or regulated public networks and assets. It warns that more than
$57 billion worth of assets are currently at risk of damage and shows costs
could blow out beyond $71 billion in the coming decades.
Recent shocks to global fuel markets have brought supply chains into focus. But
the physical networks that we rely on every day to move supplies, power our
homes and keep communities safe are under threat as well, as the frequency and
severity of disasters increase with a warming climate.
According to its authors, the
Warning Signs report is a first of its kind in
Australia and shows how extreme weather events will impact infrastructure
across Victoria in 2030. It also forecasts how this could look in a “worst
case” scenario in 2070.
But the report stresses that the financial fallout from these hazards could be
mitigated by an array of cost-effective actions and funding measures to
safeguard infrastructure now."
Via
Guardian Australia.
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
