McCloy to mount climate class action against council - Newcastle Herald

HUNTER businessman Jeff McCloy says he will mount a class action against Lake Macquarie City Council for devaluing waterfront properties with its climate change policy.

Mr McCloy, who owns a waterfront property at Belmont, said the council must explain what scientific evidence it had to back up its claims about rising sea levels and the effects of climate change.

‘‘My current view is they will have a class action against them for reducing the value of our properties,’’ Mr McCloy said. ‘‘I figure I’ll get a class action going and take the idiots to court, I’m serious.’’