Sydney Morning Herald: The effects of global warming on Australia are well documented, and some are already being seen in the form of dry winters, unusual summer heat and early spring bushfires.
In the longer term, according to the CSIRO, the Bureau of Meteorology and universities, we can anticipate damaging sea level rise, changes in local weather that disrupt agriculture, and ocean acidification expected to severely deplete the Great Barrier Reef.
But the most immediate effects on Australia are likely to be financial....