Momentum continues to build for Australia to exit the Paris Climate Agreement.
New economic modelling prepared by Managing Director of BAEconomics and former executive director of the Australian Bureau of Agricultural and Resource Economics, Dr Brian Fisher, was released on Tuesday. It shows that the emission reduction obligations under the Paris Climate Agreement will cost Australia at least $89 billion in terms of foregone economic output, and result in 78,000 fewer jobs over the period 2021-2030.
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