Research Briefing | Jun 3, 2021

What if the move to net-zero is disorderly?

Copy of Ipad Frame (27)

Current climate action pledges won’t contain global warming to well below 2°C in line with the Paris Agreement. If decisive action is delayed further, a disorderly scenario will likely unfold and require stronger policy action to reach net-zero emissions by 2050.

Our modelling suggests that an aggressive global carbon tax policy and limited renewable energy capacity would result in substantial economic damage. A slower rate of global warming provides some relief, but the most material environmental benefits won’t materialise until the second half of the century.

Download this report to learn about:

  • Late policy action comes at a significant economic cost
  • Carbon tax pushes inflation higher, until a shift towards cheaper energy sources
  • Recycling revenues mitigates the economic damage of transition in short term
Back to Resource Hub

Related Services

Post

What AI means for economies, businesses, jobs & cities

Artificial Intelligence has the potential to fix the world's productivity problems, just as previous general purpose technologies such as steam power, electricity, and computers have, in our view.

Find Out More

Post

Australia: Flight to quality occurring but secondary markets may not be doomed

We believe the most significant policy measures to come through in the budget for residential building are the announced tax tweaks for build-to-rent (BTR) development.

Find Out More