Deloitte: Australia to Lose Trillions Unless We Act on Climate Change

What are GDP figures good for? Exactly, they provide people like those in Deloitte with a benchmark that they can apply to anything. Does GDP reflect reality? Nope, it measures things that have no positive impact on any economy at all. But its great to be able to say that “you could have made this but now you will make this”. People think they are losing out and this triggers an emotional reaction even when nothing happens at all.

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