The “shifting of the intergenerational burden” - more frequent and extreme disasters

"The next generation of Australian workers will cop a $185,000 bill over their lifetimes if the country does not act more urgently to address the climate crisis."

“We have been kicking this can down the road so future generations will have to bear more of the impact of climate change and pick up the tab for more climate action and the costs of adapting to climate change."

“At some point, if climate change is not addressed, it poses an existential risk to human survival, so it’s right up there. It’s difficult to imagine anything that could or should be ranked higher.” >>
https://www.theguardian.com/business/2026/mar/23/australia-generation-alpha-faces-185k-bill-over-lifetime-without-urgent-action-on-climate-crisis-report-finds
#FossilFuels #consumption #ClimateCrisis #IntergenerationalBurden #disasters #habitability #parenting #children #NegativeExternalities

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 modelling

The Guardian