The Deloitte report reveals that a 75% cut to climate pollution (on 2005 levels) over the next decade would deliver a $370 billion boost to Australia’s GDP within the next decade and leave Australia almost half a trillion dollars better off by 2050 compared to a weaker target.
I’m always a bit sceptical of these analyses by these accounting firms, lots of assumptions, lots of theoreticals, possibly a sprinkle of AI, and hey presto always the answer the customer wants. Not saying their analysis is wrong per se, but i’m not running out to the street to celebrate this.
I guess one way of looking at it is that it as time goes on, it gets harder and harder to find a set of assumptions to support inaction.