Queensland s economy could be paying up to $60 billion a year in just 18 years time to mop up after extreme weather events if climate change continues unabated, a new report has warned. The Hitting Home report released today by the Climate Council said Queensland had already paid $18 billion between 2010 and 2019 for natural disasters, more than every other state and territory combined. It comes as Australia s busy 2020-21 La Nina season continues, with the Bureau of Meteorology yesterday warning that a tropical cyclone could form in the Gulf of Carpentaria later today. Chaos in Toowoomba amid flash flooding in January 2011 The slow moving tropical depression could even intensify into a category two system by Friday, with Mornington Island, and townships between Karumba and Aurukun have been put on alert for gale force winds.
 Queensland s economy could be paying up to $60 billion a year in just 18 years time to mop up after extreme weather events if climate change continues unabated, a new report has warned. The Hitting Home report released today by the Climate Council said Queensland had already paid $18 billion between 2010 and 2019 for natural disasters, more than every other state and territory combined. It comes as Australia s busy 2020-21 La Nina season continues, with the Bureau of Meteorology yesterday warning that a tropical cyclone could form in the Gulf of Carpentaria later today. Chaos in Toowoomba amid flash flooding in January 2011 The slow moving tropical depression could even intensify into a category two system by Friday, with Mornington Island, and townships between Karumba and Aurukun have been put on alert for gale force winds.