‘Negligent’ to talk about long term risks to Australia without examining cost of climate crisis, experts say

An Australian government report projecting life in 2066 has drawn criticism for downplaying the economic and social risks posed by escalating climate change. The seventh intergenerational report acknowledges significant uncertainty around future impacts, particularly tied to the global shift in energy systems, while experts argue it fails to fully reflect the growing threats of global heating. Concerns have been raised that the cautious framing of climate risks may underestimate the potential financial and societal strain ahead. The report’s findings contrast with mounting warnings about the worsening climate crisis and its long-term consequences.

One academic says federal government’s intergenerational report, a snapshot of life in 2066, ignores the economic damage on the horizonFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAn Australian government snapshot of life in 40 years has been sharply criticised for underplaying the economic and social damage expected due to the worsening climate crisis.The government’s seventh intergenerational report, which projects out to 2066, finds the effects of global heating four decades from now are “highly uncertain”, pointing to the pace of the global energy transition as a key source of unpredictability. Continue reading...