We don’t have money to burn on green mania

Scenes of devastation from Australia’s fires have been heartbreaking. How do we stop this suffering? For many campaigners and politicians, the answer is clear-cut: drastic climate policies. When we examine the evidence, this simple answer falls short.

Australia is the world’s most fire-prone continent. In 1900, 11 per cent of its surface burned annually. These days, 5 per cent of the country burns every year. By the end of the century, if we do not stop climate change, higher temperatures and an increase in aridity will likely mean a 0.7 percentage point increase in burnt area, an increase from 5.3 per cent of Australia to 6 per cent.