Climate Change Could Cost Australia $1.8 Billion in Crop Losses: Treasurer

“If further action isn’t taken, Australia crop yields could be four per cent lower by 2063,” said Treasurer Jim Chalmers.

The carcass of a kangaroo is seen by the side of the road in Wilcannia, Australia, on March 6, 2019. Mark Evans/Getty Images

Australian Treasurer Jim Chalmers has warned climate change could cost Australia $1.8 billion in crop losses in 30 years if action is not taken.