<
https://www.theguardian.com/business/2026/mar/23/australia-generation-alpha-faces-185k-bill-over-lifetime-without-urgent-action-on-climate-crisis-report-finds>
"The next generation of Australian workers will cop a $185,000 bill over their
lifetimes if the country does not act more urgently to address the climate
crisis, according to new modelling by a team of young economists at Deloitte.
The new report finds that global heating consistent with the current
projections would cost the average millennial about $130,000 over the rest of
their lives, increasing to $165,000 for gen Z.
A gen Z Australian’s lifetime income could be $165,000 lower by 2070 without
further global action.
For generation Alpha, the eldest of whom turn 16 this year, the bill stretches
to $185,000 a person by 2070.
The report estimates the damage to worker productivity, infrastructure and
property, as well as increased health risks and healthcare costs. The changing
climate and more frequent and extreme natural disasters would undermine tourism
and destabilise agriculture."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
