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Thredbo's value halved as climate dries out mountain snow
✓ Google TrendsPlanet & Environment

Thredbo's value halved as climate dries out mountain snow

EVT wrote down Thredbo's value from $292 million to $143 million because of poor snow conditions. Climate change has warmed the Australian Alps and reduced rainfall.

Why it mattersClimate change is making Australian ski resorts struggle to stay open. As Thredbo falters, more Australians will book holidays overseas.

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