Ignoring climate change puts Gen X'ers super at risk

Gen X'ers stand to lose some of their retirement earnings -or may even have to postpone retirement - due to delayed action - inaction - on climate change and carbon trading reducing the value of their superannuation investments, according to a new report from the Climate Institute.

Most affected will be people born between 1960 and 1970, with women worse off - because they live longer.

The report contains a full list of assumptions and several case studies, and makes worthwhile reading. It brings home the point often made by the Global Green Plan Foundation - acting now is many, many times lower cost, than the much higher cost of delayed action - or even total inaction - against climate change.

In fact, many of the GGP's strategies are actually cost-neutral, or cost-reductive. In other words, acting now can save consumers money now, as well as saving the planet in the longer term.