By the end of 2021, the world will collectively have burned through 86 per cent of the carbon budget for a 50-50 probability of keeping the human-induced temperature increase below 1.5C, or 89 per cent of the budget for a two-thirds likelihood. In short, if we don’t do something drastic, we’re screwed. Budget 2022 should have been the budget to begin a serious transition away from high-emitting forms of agriculture, from fossil fuel production, from modes of transport emitting fossil fuels. Budget 2022 should have been the budget to set us on a path to a higher tax, higher spend…
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