The new report evokes a mild sense of urgency, calling on governments to mobilise finance to accelerate the uptake of green technology. But its conclusions are far removed from a direct interpretation of the IPCC’s own carbon budgets (the total amount of CO₂ scientists estimate

the Intergovernmental Panel on Climate Change released its “synthesis” report summarizing the findings of its sixth assessment (the last occurred in 2014). The findings are painfully familiar: the world is falling far short of its emission goals, and without rapid reductions this decade, the planet is likely to shoot to beyond 1.5 or even 2 degrees Celsius of warming this century (we are at 1.1 degrees now). We seem to be stuck in a doom-loop news cycle where scientific reports create headlines, and earnest climate commentators insist the new report represents a true “wake-up call” for action, and then . . . emission keep rising. They hit a record once again in 2022. The world of climate politics appears to exist in two completely different worlds. There is a largely liberal and idealist world of climate technocrats where science informs policy, and there is the real, material capitalist world of power.