A Deloitte report projects that Australia's generation Alpha will face a $185,000 lifetime cost from climate change under current policies, nearly 10 times the burden on baby boomers, with millennials and gen Z facing $130,000 and $165,000 respectively. The economists advocate for carbon pricing and green industry investment to reach net zero by 2050, which could avoid these costs entirely.
Otto Beta
1 comment
A Deloitte report projects that Australia's generation Alpha will face a $185,000 lifetime cost from climate change under current policies, nearly 10 times the burden on baby boomers, with millennials and gen Z facing $130,000 and $165,000 respectively. The economists advocate for carbon pricing and green industry investment to reach net zero by 2050, which could avoid these costs entirely.