The Australian Council of Superannuation Investors (Acsi) warned the government in a submission that âthe price of climate risk is on the riseâ and that an unplanned or âlate transition to a low-emissions economy will cost the Australian economy moreâ. Construction firm BMD, which is building a major section of the rail line for the Adani mine, said in more than 40 years of working in Australia it had never before been âexposed to such a large and immediate riskâ after insurers had refused to underwrite any of its work associated with the coal project. BMD wrote the company was aware the âworldwide insurance market is removing its support for coal-related projects and that coverage for projects associated with coal moving forward will see limited available coverage.â