Australia’s generation Alpha faces $185k bill over lifetime without urgent action on climate crisis, report finds

Global heating consistent with current projections would cost average millennial $130,000 and $165,000 for gen Z, according to Deloitte modelling

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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 approximately $130,000 over the rest of their lives, increasing to $165,000 for gen Z.