Business
Australia risks $3.7 trillion in lost GDP by 2070 unless it acts on climate change: Deloitte – The New Daily
Australia risks yearly economic losses on par with the pandemic by 2050 unless the country ramps up its fight on the “existential threat of climate change”.
Australia risks yearly economic losses on par with the pandemic by 2050 unless the country ramps up its fight on the “existential threat of climate change”.
Not only would the cost of inaction devastate Australia’s bottom line, but a new report has estimated nearly 900,000 jobs will be shed from at-risk industries within 50 years under a business-as-usual approach.
Deloitte Access Economics’ report, called A new choice: Australia’s climate for growth, found Australia is primed for an economic contraction…
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