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 modellingGet our breaking news email, free app or daily news podcastThe next generation of Australian workers will cop a $185,000 bill over their lifetimes if the...

<p>Global heating consistent with current projections would cost average millennial $130,000 and $165,000 for gen Z, according to Deloitte modelling</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></p></li></ul><p>The next generation of Australian workers will cop a $185,000 bill over their lifetimes if the country does not act more urgently to <a href="https://www.theguardian.com/australia-news/2026/mar/22/saturated-northern-territory-nt-katherine-evacuated-tropical-cyclone-narelle-dump-rain-ntwnfb">address the climate crisis</a>, according to new modelling by a team of young economists at Deloitte.</p><p>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.</p> <a href="https://www.theguardian.com/business/2026/mar/23/australia-generation-alpha-faces-185k-bill-over-lifetime-without-urgent-action-on-climate-crisis-report-finds">Continue reading...</a>
Read the full article at: The Guardian World →
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