
Treasurer Jim Chalmers last night delivered a budget he declared was “solid, sensible and suitable to the times”. But what does a sensible budget look like in a world that is fast running out of time on climate change?
Lowy Institute polling this year suggests most Australians believe immediate and substantial action on climate change is eminently sensible. Some 60% agreed global warming was a serious and pressing problem for which “we should begin taking steps now even if this involves significant costs”. A further 29% want mitigation to occur gradually.