The phrase "possible consequences" refers to the potential outcomes or results that could happen as a result of a particular action or decision. Full definition
The list of possible consequences of global warming looks pretty grim, especially if the worst forecasts come true. (ase.tufts.edu)
«Low regrets» is used to describe the urgent policy choices that governments should be making now to avoid the worst possible consequences for people and ecosystems from our changing climate. (treehugger.com)
Understand that older people are often hesitant to cause trouble, as they may feel ashamed or worried about possible consequences. (relationshipsvictoria.com.au)