The Australian economy will lose more than $3 trillion over the next 50 years if climate change is not addressed, according to a new report from Deloitte Access Economics.
Key points:
- Report author Pradeep Philip warned that Queensland in 50 years could represent half of Australia’s job losses, “if we don’t get this right”
- Trade, tourism and mining are some of the industries most exposed to the effects of climate change
- The Federal Government has promised to deliver net zero emissions in the second half of this century
The report found that the economy could shrink by 6 per cent over the next…
