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home > news Australia is promising $2 billion for the fires. I estimate recovery will cost $100 billion

Australia is promising $2 billion for the fires. I estimate recovery will cost $100 billion




The bushfire emergency that began in Australia in September 2019 and has worsened steadily since then has already cost at least 24 lives, destroyed thousands of homes and other buildings and burned millions of acres of forest and farmland. And the economic costs are only just beginning to emerge.



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