Deloitte warns climate change will cost the economy more than the pandemic

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New analysis is warning the cost of climate change is set to cause more damage to the economy by 2070 than the coronavirus pandemic. Deloitte Access Economics modelling found the crisis could cost 900,000 jobs and $3.4 trillion if left unchecked. The group claimed a net zero emissions policy would cost significantly less and create a quarter of a million jobs. A spokesperson for Energy Minister Angus Taylor said the Morrison government was committed to delivering practical measures which would ensure reliable and affordable energy ... stimulate jobs and reduce emissions, without imposing new costs on households, businesses or the economy. Read More Our Apps