• About
    • Which Energy Mix is this?
  • Climate News Network Archive
  • Contact
The climate news that makes a difference.
No Result
View All Result
The Energy Mix
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
No Result
View All Result
The Energy Mix
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
  FEATURED
13 Canadian Fossils Linked to Massive Losses in Western Wildfires May 27, 2023
‘Remarkable Rebuke’: 130 U.S, EU Legislators Ask UN to Ditch Fossil CEO as COP 28 Chair May 23, 2023
Ontario Overrules Cities to Push Gas Plant Expansions May 23, 2023
Climate Concerns Drive Job Choices for 40% of Workers Under 40 May 23, 2023
PEROVSKITES: Qcells Plans First Production Line for ‘Miracle’ Solar Cell May 23, 2023
Next
Prev

Deloitte Withdraws Study Suggesting Economic Benefits from ‘Fastest Warming Scenarios’

October 6, 2020
Reading time: 2 minutes

Free Photos/Pixabay

Free Photos/Pixabay

1
SHARES
 

Global management consulting giant Deloitte has withdrawn a ludicrous report that concluded extreme climate change would deliver GDP gains to one-third of the world’s economies through the end of this century.

The report from Deloitte’s Prague office found that colder-latitude countries like Canada, Norway, and Russia “should benefit the most from rising temperatures,” RFI reports. A summary of the report showed the Czech Republic’s GDP rising 25% over that time span “in the fastest warming scenarios”.

  • Be among the first to read The Energy Mix Weekender
  • A brand new weekly digest containing exclusive and essential climate stories from around the world.
  • The Weekender:The climate news you need.
Subscribe

Experts had scorched the report as “naïve and misleading” and “perfectly insane”, with a methodology deemed “woefully inadequate”, Consultancy.UK writes. RFI notes that recent peer-reviewed studies have global GDP dropping 20% through 2100 if climate change is not brought under control.

Consultancy.UK also puts the Deloitte release up against the recent report by Oxfam and the Stockholm Environment Institute that showed the world’s richest 1% producing more than double the greenhouse gas emissions of the poorest half, and the richest 10% accounting for more than half of total emissions. The story lists Iceland, Mongolia, North Korea, Sweden, and Tajikistan as other countries that Deloitte saw benefitting from runaway warming.

“Deloitte did admit that nearly 130 countries stand to face negative economic consequences from climate change,” Consultancy.UK notes. “The worst affected appear to be the hottest and poorest—with Deloitte listing a number of Middle Eastern and African countries such as Mali and Sudan as those which stand to lose the most from global warming. The alarmingly casual assertion suggests that Syria—whose civil war can trace its roots to a historic drought—will be only the tip of a new iceberg of climate refugees, whom richer nations will continue to work to keep outside their borders, regardless of their role in climate change.”

Deloitte, a Big Four accounting firm that took in US$45 billion in fees for the fiscal year ending in May 2019, announced Friday it was pulling the report off its website.

“The unfortunate wording does not represent Deloitte’s global viewpoint on the impact of climate change, therefore the report has been withdrawn and is no longer publicly available,” the company said. “Deloitte believes it’s essential that everyone—from governments to businesses to NGOs and individuals—act to protect our planet.’



in Africa, Canada, Climate & Society, Climate Denial & Greenwashing, Energy / Carbon Pricing & Economics, International Agencies & Studies, Jurisdictions, Middle East, UK & Europe

The latest climate news and analysis, direct to your inbox

Subscribe

Related Posts

Martin Davis/Facebook
Carbon Levels & Measurement

13 Canadian Fossils Linked to Massive Losses in Western Wildfires

May 28, 2023
206
FMSC/Flickr
Finance & Investment

Waive Debt to Unlock Urgently Needed Adaptation Funds, Researchers Urge

May 27, 2023
18
Arctic Circle/flickr
COP Conferences

‘Remarkable Rebuke’: 130 U.S, EU Legislators Ask UN to Ditch Fossil CEO as COP 28 Chair

May 23, 2023
390

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Trending Stories

Martin Davis/Facebook

13 Canadian Fossils Linked to Massive Losses in Western Wildfires

May 28, 2023
206
pixabay

Anti-Mob Laws to Prosecute Fossils, Kudos for Calgary, 113M Climate Refugees, Orcas Fight Back, and a Climate Dictionary

May 24, 2023
119
Inspiration 4 Photos/flickr

Cooling Upper Atmosphere Has Scientists ‘Very Worried’

May 23, 2023
257
François GOGLINS/wikimedia commons

Corrosion Problem Shutters Half of France’s Nuclear Reactors

August 2, 2022
3.7k
University of Oxford Press Office/flickr

PEROVSKITES: Qcells Plans First Production Line for ‘Miracle’ Solar Cell

May 23, 2023
423
Arctic Circle/flickr

‘Remarkable Rebuke’: 130 U.S, EU Legislators Ask UN to Ditch Fossil CEO as COP 28 Chair

May 23, 2023
390

Recent Posts

FMSC/Flickr

Waive Debt to Unlock Urgently Needed Adaptation Funds, Researchers Urge

May 27, 2023
18
Jon Sullivan/flickr

Ontario Overrules Cities to Push Gas Plant Expansions

May 23, 2023
864
Andrés Nieto Porras/wikimedia commons

‘Carbon Neutral’, ‘Net-Zero’ Claims Face Global Greenwash Crackdown

May 23, 2023
208
Activités culturelles UdeM/Flickr

Climate Concerns Drive Job Choices for 40% of Workers Under 40

May 23, 2023
158
peellden/Wikimedia Commons

Scientists Sound Alarm on Methane Emissions, Habitat Hazards at U.S. Hydro Dams

May 23, 2023
153
nakashi/flickr

Tokyo Residents Rally to Protect Trees, Stop Skyscrapers in Iconic Urban Park

May 21, 2023
480
Next Post
Candid_Shots/Pixabay

26% of Childless U.S. Adults List Climate Change as a Motivator

The Energy Mix - The climate news you need

Copyright 2023 © Energy Mix Productions Inc. All rights reserved.

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Proudly partnering with…

scf_withtagline
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}