Finance
Australia Risks Economic Hit on Climate Inaction, Deloitte Says
- Country seen at risk of A$3.4 trillion climate hit out to 2070
- Embracing low-carbon future would boost growth, report says
Traffic during the morning commute in Sydney.
Photographer: Brendon Thorne/BloombergThis article is for subscribers only.
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Australia’s economy could contract by 6% over the next five decades if climate change goes unchecked, according to Deloitte Access Economics.