Monday, June 26, 2017

Capitalism - Putting a price on everything

Deloitte Access Economics calculated that the Great Barrier Reef in Australia is worth A$56bn (£33bn; $42bn), a value 12 times greater than the Sydney Opera House.

 The Great Barrier Reef Foundation, a charity dedicated to protecting the World Heritage-listed natural feature commented,  "the Great Barrier Reef is justifiably considered priceless and irreplaceable."

Mass coral bleaching in consecutive years damaged two-thirds of the reef, according to surveys.

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