Why now is the time for US climate action

The choice is easy between a prosperous, decarbonized future or allowing the economic impact of climate change to disrupt our growth—but getting to net-zero will require coordination, collaboration and upfront financial investment to rapidly transform existing industries into a series of complex, interconnected, emissions-free systems.

If left unchecked, the economic cost of climate change in the United States alone could reach $14.5 trillion by 2070. Our latest report on climate change explores critical areas of US climate action and reveals steps we can take to transition to a prosperous, decarbonized economy.

Acting now will not only save the United States from the economic cost of unchecked climate change, but could also lead to a $3 trillion increase in GDP by 2070. Our analysis shows that achieving net-zero emissions by 2050 isn’t just an aspirational goal—it’s an economic growth imperative.

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The United States’ turning point

Learn how addressing climate change today can position the US for prosperity tomorrow.


Download the full report | Download the technical appendix

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United States’ highlights

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Economic imperative—our turning point

The cost of action and inaction

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The opportunity and impacts

The US has an opportunity to accelerate

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Time to act—accelerating to zero

Four phases will shape our economic and climatic future

Dive into the data

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Contact us

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Scott Corwin

Managing Director, ESG Strategic Growth Offering - Chief Strategy & Commercialization Officer

Jon Raphael

National Managing Partner, Transformation & Assurance (ESG)

Dr. Pradeep Philip

Partner – Deloitte Economics Institute

Claire Ibrahim

Partner – Deloitte Economics Institute