EY Australia has a new report out on the prospects for Aussie cola over the next three decades and the news is good:
- Two-thirds of jobs will be lost.
- Under an orderly scenario, fossil fuel demand falls 42% globally by 2040.
- Under the disorderly scenario, which delays action until after 2030, fossil fuel demand collapses 70% to 2050 in a policy panic.
Doubtless, Australia and the world will take the worst of the two paths.
