An Australian government report forecasting life in 2066 has drawn criticism for not fully addressing the economic and social risks of worsening climate change. The seventh intergenerational report, which outlines projections for the next 40 years, describes the effects of global heating as "highly uncertain," citing the unpredictable pace of the global shift to renewable energy as a major factor. It notes that rising sea levels will most affect coastal and low-lying areas, while higher temperatures could reduce worker productivity, harm agricultural output, and damage the tourism industry. The report also highlights that increasingly frequent and severe natural disasters will pose a significant economic risk over the next four decades. Assoc Prof Ben Neville, from the University of Melbourne, said the report acknowledges future threats but fails to account for the current and growing economic damage caused by climate change. He pointed out that the report references treasury models suggesting a disorderly transition to net zero emissions could cost the economy $2 trillion by 2050. Neville criticized the government for not incorporating the complex and recognized impacts of climate change into its forecasts, calling the oversight a "very disappointing miss" and suggesting the government is not fully grasping the urgency of the climate crisis, despite leading global climate negotiations. Professor Sarah Wheeler from Flinders University noted that the report overlooked the growing issue of water scarcity. She warned that higher variability in water availability will increase the risk of both severe droughts and damaging floods, which could have major consequences for Australia’s productivity and the well-being of its people. Without urgent action to manage these challenges, the effects could be significant. Climate activist Anjali Sharma questioned the report’s relevance, saying that young people will not look to it for guidance on their future, given the government's lack of action on climate change. However, the report did highlight the economic benefits of transitioning to renewable energy. Professor Frank Jotzo from the Australian National University praised the report for recognizing the potential for Australia to benefit from renewable energy exports, such as green iron and ammonia, despite the lack of large-scale investments so far. Francesca Muskovic, from the Investor Group on Climate Change, emphasized the need for the government to ensure that the growing electricity demand from data centers supports the expansion of renewable energy. She warned that without sufficient investment in new clean energy sources, the existing power grid could face acute pressure, potentially leading to higher energy costs for households and businesses.