I have whipped up another chart for the five-year emissions budgets for 2022 to 2035.
Remember that the first emissions budget is for 2022 to 2025.
The second emissions budget is for 2026 to 2030.
The third emissions budget is for 2031 to 2036.
This shows both the gross budgets (excluding emissions from land use and forestry and the net budgets (including emissions from land use and forestry).
Where is the 'fat' in the budget? It's in the carbon removals from forestry and landuse in the 2022 to 2025 net budget.
If we look at the Climate Change Commission's breakdown of its recommended budget, we see that they budget for 6.6 million tonnes of emissions in CO2-e for removals or sequestration of carbon from the forests and landuse sector. That's a lowball number.
In calendar year 2020, the official Greenhouse Gas Inventory reports 23 million tonnes of carbon removals from the forests and landuse sector. That's almost four times the annual budget amount.