Fear Mongering

EIN News says, "Great Barrier Reef Harm 'Would Put $38 Billion Hole in Tourism'. The bleaching of the Great Barrier Reef caused by climate change would not only destroy one of the world's greatest natural wonders but would cost Australia $37.7 billion over the next century and devastate tourism in the north, a study has found. (smh.com.au)".
Here we have a fine example of fear mongering!
Using the word "bleaching" implies that the coral, which composes the Great Barrier Reef, is dying. This is not necessarily true based on "bleaching" detail from Wikipedia. In addition, I see no reference that the Great Barrier Reef is in fact "bleaching". Parts of many coral growths occasionally "bleach", because of a local condition. This is similar to the fact that you may run a fever now and then, if you have a temporary illness.
The other connection in the fear mongering is that the bleaching is caused by climate change. There is certainly climate change, but no one has been able to show that change in climate is a result of man-made activities. It is obviously ridiculous for us to attempt climate control in order to save $38 billion in tourism revenue for Australia.
While we are on the subject of fear mongering, let us consider the damage that WOULD be done if an asteroid of significant size were to hit the Earth. There would be losses in the neighborhood of gazillions of dollars. Does that mean we should immediately start a program to blow the asteroid belt to smithereens or to tow it further from the Earth?
The byword is, "Watch carefully the fear mongers, in every aspect of society, commerce, natural disasters, and politics"!