"New economic modelling shows #climate damage will deliver a 14 per cent annual hit to #Australia’s Gross Domestic Product (#GDP) if current global climate policies continue, wiping out $6.8 trillion from our economy between now and 2050 and cutting thousands of dollars a year out of the pockets of Australians."

“Australians have much to lose from climate damages but we also have much to gain from using our world leading clean energy resources."

https://igcc.org.au/6-8-trillion-gdp-hit-if-renewable-energy-transition-is-delayed/
#NGFS