Deloitte: The United States’ turning point: How climate action can drive our economic future

Why now is the time for US climate action

If left unchecked, the economic cost of climate change in the United States alone could reach $14.5 trillion by 2070. Our latest report on climate change explores critical areas of US climate action and reveals steps we can take to transition to a prosperous, decarbonized economy.

Acting now will not only save the United States from the economic cost of unchecked climate change, but could also lead to a $3 trillion increase in GDP by 2070. Our analysis shows that achieving net-zero emissions by 2050 isn’t just an aspirational goal—it’s an economic growth imperative.

The choice is easy between a prosperous, decarbonized future or allowing the economic impact of climate change to disrupt our growth—but getting to net-zero will require coordination, collaboration and upfront financial investment to rapidly transform existing industries into a series of complex, interconnected, emissions-free systems.

The Case for Climate Hope

The Westminster Town Hall Forum welcomed Katharine Hayhoe, Chief Scientist for The Nature Conservancy, and an evangelical Christian, as their latest keynote speaker on 31 January 2022.

“You are the perfect person to do something about climate change. And the first step is talking about it. In the United States, 70% of people are already worried about climate change. 83% of mothers are worried. 86% of young people are worried. But only 8% of us are activated and doing anything about it. Why not? It’s because we don’t know what to do. We don’t know why it’s relevant to my life here and now, and we don’t know what to do to fix it.”