Young People Are Worried About Climate Change—and That’s Affecting Their Future Plans
Kanebridge News
    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,682,971 (+0.24%)       Melbourne $1,026,232 (+0.18%)       Brisbane $1,127,607 (-0.35%)       Adelaide $1,032,810 (+0.29%)       Perth $1,081,273 (-0.17%)       Hobart $845,389 (+0.45%)       Darwin $830,209 (+1.52%)       Canberra $1,009,978 (-0.59%)       National Capitals $1,136,677 (+0.10%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $808,800 (0%)       Melbourne $553,737 (-0.56%)       Brisbane $736,361 (-1.42%)       Adelaide $576,199 (-0.51%)       Perth $634,955 (+1.03%)       Hobart $586,666 (+1.35%)       Darwin $496,674 (-0.23%)       Canberra $476,191 (-1.45%)       National Capitals $627,529 (-0.22%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 15,214 (+14)       Melbourne 16,401 (-30)       Brisbane 11,924 (+42)       Adelaide 3,958 (+110)       Perth 9,319 (+18)       Hobart 769 (+9)       Darwin 189 (+1)       Canberra 1,277 (+12)       National Capitals 59,051 (+176)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 9,567 (+11)       Melbourne 6,587 (+14)       Brisbane 2,507 (+33)       Adelaide 637 (+11)       Perth 1,685 (-16)       Hobart 152 (-6)       Darwin 214 (-7)       Canberra 1,249 (+8)       National Capitals 22,598 (+48)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $860 (-$15)       Melbourne $600 ($0)       Brisbane $710 ($0)       Adelaide $650 ($0)       Perth $750 ($0)       Hobart $620 ($0)       Darwin $825 (+$5)       Canberra $700 (-$20)       National Capitals $725 (-$4)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $800 ($0)       Melbourne $600 (-$10)       Brisbane $670 (+$8)       Adelaide $550 (+$10)       Perth $700 ($0)       Hobart $523 ($0)       Darwin $650 (-$50)       Canberra $580 ($0)       National Capitals $645 (-$6)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 6,330 (-51)       Melbourne 7,834 (+32)       Brisbane 3,707 (+45)       Adelaide 1,199 (-23)       Perth 2,145 (-43)       Hobart 228 (+1)       Darwin 72 (-1)       Canberra 404 (+3)       National Capitals 21,919 (-37)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 10,152 (-66)       Melbourne 6,206 (-16)       Brisbane 2,155 (+61)       Adelaide 434 (-11)       Perth 679 (-6)       Hobart 80 (0)       Darwin 143 (-1)       Canberra 793 (-1)       National Capitals 20,642 (-40)                HOUSE ANNUAL GROSS YIELDS AND TREND         Sydney 2.66% (↓)       Melbourne 3.04% (↓)     Brisbane 3.27% (↑)        Adelaide 3.27% (↓)     Perth 3.61% (↑)        Hobart 3.81% (↓)       Darwin 5.17% (↓)       Canberra 3.60% (↓)       National Capitals 3.32% (↓)            UNIT ANNUAL GROSS YIELDS AND TREND         Sydney 5.14% (↓)       Melbourne 5.63% (↓)     Brisbane 4.73% (↑)      Adelaide 4.96% (↑)        Perth 5.73% (↓)       Hobart 4.63% (↓)       Darwin 6.81% (↓)     Canberra 6.33% (↑)        National Capitals 5.35% (↓)            HOUSE RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 1.5% (↑)      Brisbane 1.2% (↑)      Adelaide 1.2% (↑)      Perth 1.0% (↑)        Hobart 0.5% (↓)       Darwin 0.7% (↓)     Canberra 1.6% (↑)      National Capitals $1.1% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 2.4% (↑)      Brisbane 1.5% (↑)      Adelaide 0.8% (↑)      Perth 0.9% (↑)      Hobart 1.2% (↑)        Darwin 1.4% (↓)     Canberra 2.7% (↑)      National Capitals $1.5% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND         Sydney 32.3 (↓)       Melbourne 30.8 (↓)     Brisbane 39.1 (↑)        Adelaide 31.3 (↓)     Perth 43.7 (↑)        Hobart 28.5 (↓)     Darwin 30.4 (↑)        Canberra 31.0 (↓)     National Capitals 33.4 (↑)             AVERAGE DAYS TO SELL UNITS AND TREND         Sydney 30.5 (↓)       Melbourne 28.7 (↓)       Brisbane 34.4 (↓)       Adelaide 33.0 (↓)     Perth 42.3 (↑)        Hobart 28.9 (↓)     Darwin 38.7 (↑)        Canberra 34.1 (↓)       National Capitals 33.8 (↓)           
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Young People Are Worried About Climate Change—and That’s Affecting Their Future Plans

Nearly 70% of those surveyed say environmental concerns may affect career choice, while others say it’s a factor in decisions about having children

By H. CLAIRE BROWN
Thu, Oct 24, 2024 9:07amGrey Clock 2 min

More than four in five young Americans are worried about the impact of climate change on people and the planet, according to a survey of nearly 16,000 youths published in Lancet Planetary Health on Thursday. Most respondents do not believe governments are doing enough to reduce emissions, and a majority are looking to the corporate sector to make big changes.

As this group of 16- to 25-year-olds enters the workforce, there’s some indication those feelings will affect big life decisions such as where to live, whether to have kids and what to do for work: 64% of respondents said they “strongly agree,” “agree” or “somewhat agree” that climate change will impact their plans for the future.

“We certainly can see that climate is causing a lot of distress,” said Eric Lewandowski, associate professor at New York University’s medical school and lead researcher on the study. He said this is the first survey of its kind that focuses on the U.S., and the largest his team is aware of. A global survey conducted in 2021 found similar levels of climate-related stress among youths around the world.

The study also examined links between experience of severe weather events and attitudes about climate change. The researchers found that regardless of political affiliation, people who said they had experienced severe weather events were more likely to report feeling worried about climate change. Just under half of respondents said they were “very sure” climate change is happening, and a further 20% were “moderately sure.”

“Being anxious about climate disruption is a legitimate response to a real threat,” said Lise Van Susteren, associate professor at George Washington University and researcher on the study. A co-founder of the Climate Psychiatry Alliance, a group that helps therapists support patients with environment-related anxiety, Van Susteren said the survey results confirmed what she has seen on the ground, but the numbers were more severe than she expected.

It’s still not clear whether feelings about climate change transfer into broader labor force trends. While 67% of respondents said they may choose to work for employers who show commitments to sustainability and reducing their climate impact, recruiters who work on hiring entry-level candidates for oil and gas jobs say they haven’t heard much about climate concerns, said Keith Wolf, Houston-based managing partner of staffing firm Murray Resources.

Wolf informally polled recruiters on his team, and they said entry-level candidates who expressed hesitancy to work for fossil-fuel companies were outnumbered by those who wanted to break into the field. Some job candidates expressed concerns about other factors affecting the industry, like volatility.

In 2017, Ernst & Young published a survey that found college students were reluctant to pursue jobs in the oil-and-gas industry because they viewed it as “dirty and dangerous,” said Tim Haskell, managing director at the accounting firm.

Since then, he said, employers have updated their talking points. “I think companies saw that message as well as some of their own internal research and have really tried to shift the employee value proposition to say, hey, come here and change the industry from the inside out,” Haskell said.

The Lancet survey found that climate-related concerns about the future extend beyond career choice. More than three-quarters of respondents said the future is frightening, and more than half of respondents agreed that they were hesitant to have children.



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Australian shares fell on Thursday as Wall Street weakness, rising oil and persistent rate concerns weighed on most of the market. The S&P/ASX 200 declined 0.72 per cent to 8,702. The All Ordinaries lost 0.66 per cent to finish at 8,897. Mining stocks were hit particularly hard, while real estate also dragged on the index. …

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Australian shares fell on Thursday as Wall Street weakness, rising oil and persistent rate concerns weighed on most of the market.

The S&P/ASX 200 declined 0.72 per cent to 8,702. The All Ordinaries lost 0.66 per cent to finish at 8,897. Mining stocks were hit particularly hard, while real estate also dragged on the index.

Energy was the notable exception, gaining more than one per cent as Brent crude traded above US$103 a barrel. Oil had moved higher amid uncertainty surrounding potential US diesel-export restrictions and broader geopolitical supply risks. The move supported energy producers but renewed concern about inflation inputs across transport and the wider economy.

Gold shares were weak even as spot bullion remained historically elevated. The All Ordinaries Gold index fell about 2.25 per cent, showing that equity performance can diverge from the commodity because of valuation, currency, operating and company-specific factors.

Zip was a prominent loser, falling 11.38 per cent after the company reported short sales after the previous close. Nine Entertainment also weakened after UBS analysts warned of near-term revenue challenges associated with its advertising-supported subscription tier.

Premier Investments led larger winners despite caution about the retail environment. Breville, in which Premier owns a significant stake, also appeared among leading movers. In the broader ASX 300 screen, Myer gained 11.43 per cent and MAAS Group rose 7.93 per cent, while Lotus Resources fell 10.53 per cent. These percentage moves should be checked against company announcements and trading liquidity before attributing causes.

The Australian dollar was broadly flat at US70.38 cents. Spot gold was around US$4,280 an ounce, Brent crude approximately US$103.08 a barrel and iron ore near US$96.90 a tonne late in the session.

The rate outlook remains the central domestic catalyst. Labour-market weakness has not eliminated the possibility of an RBA increase next week, leaving banks, listed property and other rate-sensitive sectors exposed to changing expectations.

Market dashboard

S&P/ASX 200: 8,702, down 0.72 per cent.

All Ordinaries: 8,897, down 0.66 per cent.

Best sector: Energy, up more than one per cent.

Weakest areas: Real estate and materials were the major drags; confirm final sector percentages before publication.

Material winner: Premier Investments led the large-company gainers. Confirm its final closing move from the ASX before publication.

Material loser: Zip, down 11.38 per cent.

ASX 300 percentage leader: Myer, up 11.43 per cent.

ASX 300 percentage laggard: Zip, down 11.38 per cent.

AUD/USD: Approximately US$0.7038, broadly flat.

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