While the majority of inflation today seems to be driven by companies increasing the profit margin, Climate change is a strong contributor to inflation of fundamental economic costs.
Food price inflation is increased by increased heat waves, droughts, and shifting northward of pests that used to be controlled by colder winters.
Property insurance inflation drives up the cost of insuring against the effects of the same disasters - directly driving home ownership costs up, as well as rentals up.
Supply disruption as inflation driver increases from events like drought and heatwaves disrupting Panama canal operations.
Building supply inflation is increased as increased hurricane and tornado intensity causes more resources to be diverted to rebuilding instead of being able to do things like build new housing stock.
Defense spending is accepted deficit spending for the public good to avoid the disruption of military actions. It's a lot like other insurance spending.
Climate change is a form of insurance spending. If we don't fix Climate change, the inflation will come one way or another, and we should decide if we want to address it in a relatively controlled way of building up our economy with common deficit spending, or if we want uncontrolled events to land and generally inflate our economic costs in poorly controllable ways.
Magical thinking is somehow believing we avoid costs by sticking our head in the sand and wishing for conditions long past.