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$50 million to reduce impacts of coastal erosion
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Council receives multimillion dollar Blue Carbon grant
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Subscriber only A fund manager who campaigned against Labor s franking credits in 2018 has joined a grassroots fight against Noosa Council s climate strategy. ASX-listed Wilson Asset management chairman Geoff Wilson worries the values and insurance costs of his and other Sunshine Beach properties will be hit under proposals in the Coastal Hazard Adaptation Plan. Noosa is one of 32 councils in Queensland developing an adaptation plan to propose ways to mitigate damages from climate change as part of the state s QCoast 2100 program. Mr Wilson said the proposal lacked detail and was based on worst-case scenario mapping. Along with an increasing number of locals I am concerned the council has pre-empted its proposed plans with costly and harmful planning restrictions on people s homes while doing nothing to help the local environment, Mr Wilson said.
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