Net-zero emissions

Last updated
Estimated global warming by 2100 associated with various scenarios: Green dots: The International Energy Agency's proposal for reducing energy-related emissions to net zero by 2050 is consistent with limiting global warming to 1.5 degC. Yellow dots: Net-zero pledges and other pledges to reduce emissions would limit temperature rise to around 1.7 degC. Blue dots: Since many climate pledges are not backed by policies, policies announced as of 2022 would limit temperature rise to around 2.5 degC. Red dots: Before the 2015 Paris Agreement, the world was on a trajectory for global warming of 3.5 degC. IEA WEO 2022 Global Warming by Scenario.png
Estimated global warming by 2100 associated with various scenarios: Green dots: The International Energy Agency's proposal for reducing energy-related emissions to net zero by 2050 is consistent with limiting global warming to 1.5 °C. Yellow dots: Net-zero pledges and other pledges to reduce emissions would limit temperature rise to around 1.7 °C. Blue dots: Since many climate pledges are not backed by policies, policies announced as of 2022 would limit temperature rise to around 2.5 °C. Red dots: Before the 2015 Paris Agreement, the world was on a trajectory for global warming of 3.5 °C.

Global net-zero emissions describe the state where emissions of greenhouse gases due to human activities and removals of these gases are in balance over a given period. It is often called simply net zero. [2] In some cases, emissions refers to emissions of all greenhouse gases, and in others it refers only to emissions of carbon dioxide (CO2). [2] To reach net zero targets requires actions to reduce emissions. One example would be by shifting from fossil fuel energy to sustainable energy sources. Organizations often offset their residual emissions by buying carbon credits.

Contents

People often use the terms net-zero emissions, carbon neutrality, and climate neutrality with the same meaning. [3] [4] [5] [6] :22–24 However, in some cases, these terms have different meanings from each other. [3] For example, some standards for carbon neutral certification allow a lot of carbon offsetting. But net zero standards require reducing emissions to more than 90% and then only offsetting the remaining 10% or less to fall in line with 1.5 °C targets. [7]

In the last few years, net zero has become the main framework for climate action. Many countries and organizations are setting net zero targets. [8] [9] As of November 2023, around 145 countries had announced or are considering net zero targets, covering close to 90% of global emissions. [10] They include some countries that were resistant to climate action in previous decades. [11] [9] Country-level net zero targets now cover 92% of global GDP, 88% of emissions, and 89% of the world population. [9] 65% of the largest 2,000 publicly traded companies by annual revenue [9] have net zero targets. Among Fortune 500 companies, the percentage is 63%. [12] [13] Company targets can result from both voluntary action and government regulation.

Net zero claims vary enormously in how credible they are, but most have low credibility despite the increasing number of commitments and targets. [14] While 61% of global carbon dioxide emissions are covered by some sort of net zero target, credible targets cover only 7% of emissions. This low credibility reflects a lack of binding regulation. It is also due to the need for continued innovation and investment to make decarbonization possible. [15]

To date, 27 countries have enacted domestic net zero legislation. These are laws that legislatures have passed that contain net zero targets or equivalent. [16] There is currently no national regulation in place that legally requires companies based in that country to achieve net zero. Several countries, for example Switzerland, are developing such legislation. [17]

History and scientific justification

The idea of net zero came out of research in the late 2000s into how the atmosphere, oceans and carbon cycle were reacting to CO2 emissions. This research found that global warming will only stop if CO2 emissions are reduced to net zero. [18] Net zero was basic to the goals of the Paris Agreement. This stated that the world must "achieve a balance between anthropogenic emissions by sources and removals by sinks of greenhouse gases in the second half of this century". The term "net zero" gained popularity after the Intergovernmental Panel on Climate Change published its Special Report on Global Warming of 1.5 °C (SR15) in 2018, this report stated that "Reaching and sustaining net zero global anthropogenic [human-caused] CO2 emissions and declining net non-CO2 radiative forcing would halt anthropogenic global warming on multi-decadal timescales (high confidence)." [19]

The idea of net-zero emissions is often confused with "stabilization of greenhouse gas concentrations in the atmosphere". This is a term that dates from the 1992 Rio Convention. The two concepts are not the same. This is because the carbon cycle continuously sequesters or absorbs a small percentage of cumulative historical human-caused CO2 emissions into vegetation and the ocean. This happens even after current CO2 emissions are reduced to zero. [20] If the concentration of CO2 in the atmosphere were kept constant, some CO2 emissions could continue. However global average surface temperatures would continue to increase for many centuries due to the gradual adjustment of deep ocean temperatures. If CO2 emissions that result directly from human activities are reduced to net zero, the concentration of CO2 in the atmosphere would decline. This would be at a rate just fast enough to compensate for this deep ocean adjustment. The result would be approximately constant global average surface temperatures over decades or centuries. [21] [20]

Types of greenhouse gas

It will be quicker to reach net-zero emissions for CO2 alone rather than CO2 plus other greenhouse gases like methane, nitrous oxide and fluorinated gases. [22] The net-zero target date for non-CO2 emissions is later partly because modellers assume that some of these emissions such as methane from farming are harder to phase out. [22] Emissions of short-lived gases such as methane do not accumulate in the climate system in the same way that CO2 does. Therefore there is no need to reduce them to zero to halt global warming. This is because reductions in emissions of short-lived gases cause an immediate decline in the resulting radiative forcing. Radiative forcing is the change in the Earth's energy balance that they cause. [23] However, these potent but short-lived gases will drive temperatures higher in the short term. This could possibly push the rise in temperature past the 1.5 °C threshold much earlier. [22] A comprehensive net-zero emissions target would include all greenhouse gases. This would ensure that the world would also urgently reduce non-CO2 gases. [22]

Some targets aim to reach net-zero emissions only for carbon dioxide. Others aim to reach net-zero emissions of all greenhouse gases. [3] Robust net zero standards state that all greenhouse gases should be covered by a given actor's targets. [24] [25] [26] [27]

Some authors say that carbon neutrality strategies focus only on carbon dioxide, but net zero includes all greenhouse gases. [28] [29] However some publications, such as the national strategy of France, use the term "carbon neutral" to mean net reductions of all greenhouse gases. [3] The United States has pledged to achieve "net zero" emissions by 2050. As of March 2021 it had not specified which greenhouse gases will be included in its target. [3]

Terminology

Countries, local governments, corporations, and financial institutions may all announce pledges for achieving to reach net-zero emissions. [24]

In climate change discussions, the terms net zero, carbon neutrality, andclimate neutrality are often used as if they mean the same thing. [3] [4] [5] [6] :22–24 In some contexts, however, they have different meanings from each other. The sections below explain this. [3] People often use these terms without rigorous standard definitions. [30] [3]

Approaches

The terms 'carbon neutral' and 'net zero' are often used interchangeably by politicians, businesses and scientists. Some experts use the terms differently, as illustrated by this graphic. Our Climate Goals.png
The terms 'carbon neutral' and 'net zero' are often used interchangeably by politicians, businesses and scientists. Some experts use the terms differently, as illustrated by this graphic.

A given actor may plan to achieve net-zero emissions through a combination of approaches. These would include (1) actions to reduce their own emissions, (2) actions to reduce the emissions of others (third parties), and (3) actions to directly remove carbon dioxide from the atmosphere (carbon sinks). [3]

Reducing emissions

Robust net zero standards require actors to reduce their own emissions as much as possible following science-based pathways. They must then balance their residual emissions using removals and offsets. [24] :12 This typically involves shifting from fossil fuels to sustainable energy sources. Residual emissions are emissions that are not practical to reduce for technological reasons. [32]

Experts and net zero frameworks disagree over the exact percentage of residual emissions that may be allowed. [24] [25] [26] [27] Most guidance suggests this should be limited to a small fraction of total emissions. Sector-specific and geographical factors would determine how much. [33] [32] The Science Based Targets initiative says that residual emissions across most sectors should fall to below 10% of an organization's baseline emissions by 2050. It should be even lower for some sectors with competitive alternatives like the power sector. [27] [34] Sectors such as heavy manufacturing where it is harder to mitigate emissions will probably have a higher percentage of residual emissions by 2050. [35] [36] [ additional citation(s) needed ]

The ISO and British Standards Institution (BSI) publish "carbon neutrality" standards that have higher tolerance for residual emissions than "net zero" standards. [37] [38] For example, BSI PAS 2060 is a British standard for measuring carbon neutrality. According to these standards, carbon neutrality is a short-term target, and net zero is a longer-term target. [39] [40]

Carbon removals and offsets

To balance residual emissions, actors may take direct action to remove carbon dioxide from the atmosphere and sequester it. Alternatively or in addition they can buy carbon credits that "offset" emissions. Carbon credits can be used to fund carbon removal projects such as reforestation.

Strong standards such as the ISO and BSI "net zero" standards only allow removal-based offsets that have the same permanence as the greenhouse gases that they balance. The term for this concept is "like for like" removals. [24] [25] [26] [27] Permanence means that removals must store greenhouse gases for the same period as the lifetime of the GHG emissions they balance. [24] [25] [26] [27] For example, methane has a lifetime of around 12 years in the atmosphere. [41] Carbon dioxide lasts between 300 and 1,000 years. [42] Accordingly, removals that balance carbon dioxide must last much longer than removals that balance methane.

Carbon credits can also fund initiatives that aim to avoid emissions. One example would be energy efficiency retrofits or renewable energy projects. Avoided emissions offsets result from actions that reduce emissions relative to a baseline or status quo. But they do not remove emissions from the atmosphere. Weak standards such as ISO and BSI "carbon neutrality" standards allow organizations to use avoided-emissions carbon credits. They do not specify how permanent or durable a credit must be. [37] [38]

Carbon offsetting has been criticized on several fronts. One important concern is that offsets may delay active emissions reductions. [43] In a 2007 report from the Transnational Institute, Kevin Smith likened carbon offsets to medieval indulgences. He said they allowed people to pay "offset companies to absolve them of their carbon sins." [44] He said this permits a "business as usual" attitude that stifles required major changes. Many people have criticized offsets for playing a part in greenwashing. This argument appeared in a 2021 watchdog ruling against Shell. [45]

Loose regulation of claims by carbon offsetting schemes combined with the difficulties in calculating greenhouse gas sequestration and emissions reductions has also given rise to criticism. This argument is that this can result in schemes that do not adequately offset emissions in reality. [43] There have been moves to create better regulation. The United Nations has operated a certification process for carbon offsets since 2001. This is called the Clean Development Mechanism. [46] [47] It aims to stimulate "sustainable development and emission reductions, while giving industrialized countries some flexibility in how they meet their emission reduction limitation targets." [46] The UK Government's Climate Change Committee says reported emissions reductions or removals may have happened anyway or. not last into the future. This is despite an improvement in standards globally and in the UK. [43]

There has also been criticisms of non-native and monocultural forest plantations as carbon offsets. This is because of their "limited—and at times negative—effects on native biodiversity" and other ecosystem services. [48]

Most of the carbon credits on the voluntary market today do not meet UN, UNFCCC, ISO or SBTi standards for permanent carbon dioxide removals. [24] [25] [26] [27] So significant investment in carbon capture and permanent geological storage will probably be necessary to achieve net-zero targets by mid-century. [26]

Implementation

Since 2015, there has been significant growth in the number of actors pledging net-zero emissions. Many standards have emerged that interpret the net zero concept and aim to measure progress towards net zero targets. [24] :38 Some of these standards are more robust than others. Some people have criticized weak standards for facilitating greenwashing. [24] :38 The UN, UNFCCC, International Organization for Standardization (ISO), and the Science Based Targets initiative (SBTi) promote more robust standards. [27] [37] [24] [25]

The "United Nations High-Level Expert Group" on the net-zero emissions commitments of non-state entities has made several recommendations for non-state actors. Non-state actors include cities, regional governments, financial institutions, and corporations. One of these is not financing new fossil fuel development. Another is supporting strong climate policy. And another is ensuring that business activities and investments do not contribute to deforestation. [24] :12–13

65% of the largest 2,000 publicly traded companies by annual revenue [9] have net zero targets. Among Fortune 500 companies the percentage is 63%. [12] [13] Company targets can result from both voluntary action and government regulation.

Scopes of emissions sources

The Greenhouse Gas Protocol is a group of standards that are the most common in GHG accounting. [49] These standards reflect a number of accounting principles. They include relevance, completeness, consistency, transparency, and accuracy. [50] :8–9 The standards divide emissions into three scopes:

Corporate net zero targets vary in how widely they cover emissions related to the company's activities. This can greatly affect the volume of emissions that are counted. [3] Some oil companies, for instance, claim that their operations (Scopes 1 and 2) produce net-zero emissions. [54] These claims do not cover the emissions produced when the oil is burned by its customers, which are 70 - 90% of oil-related emissions. This is because they count as Scope 3 emissions. [55]

Robust net zero standards require Scope 3 emissions to be counted, [24] [56] [26] [27] but "carbon neutrality" standards do not. [57] [ better source needed ]

Timeframe

To achieve net zero, actors are encouraged to set net zero targets for 2050 or earlier. [24] [25] [26] [27] Long-term net zero targets should be supplemented by interim targets for every one to five years. [24] [25] [26] [27] The UN, UNFCCC, ISO, and SBTi all say that organizations should prioritize early, front-loaded emissions reduction. They say they should aim to halve emissions by 2030. [24] [25] [26] [27] Specific emissions reduction targets and pathways may look different for different sectors. Some may be able to decarbonize more quickly and easily than others. [24] [25] [26] [27]

Many companies often claim a commitment to reach net-zero emissions by the year 2050. These promises are often made at the corporate level. Both governments and international agencies encourage businesses to contribute to a national, or international, net zero pledge. The International Energy Agency says that global investment in low carbon substitutes for fossil fuels needs to reach US$4 trillion annually by 2030 for the world to get to net zero by 2050. [58] [59]

Some analyses have raised concerns that net zero cannot be achieved worldwide by 2050. [60]

On average, approximately 29% of companies in EU member states have formulated a respective target to achieve net zero or have already reached this goal. However, these numbers can vary significantly across different industries, countries, and firm sizes. [61] External pressures, such as companies' exposure to risks associated with climate change and its perception as a problem, can influence a company's ambition to adopt specific targets and strategies. [62]

Comprehensive accounting

The guidance from standards institutions says that organizations should choose a base year to measure emissions reductions against. This should be representative of their typical greenhouse gas profile. [27] They should explain the choice of baseline and how they will account for changes in conditions since the baseline. [26] Financial organizations should also include emissions within their portfolio. This should include all organizations they have financed, invested in, or insured. [24] [25] [26] [27] Countries and regions should include both territorial emissions released within their boundaries and consumption emissions related to products and services imported and consumed within their boundaries. [24] [25] [26] [27]

Cities and countries pose a challenge when it comes to calculating emissions. This is because the production of products and services within their boundaries might be linked to either internal consumption or exports. At the same time the population also consumes imported products and services. So it is important to state explicitly whether emissions are counted at the location of production or consumption. This helps to prevent double counting. The lengthy manufacturing chains of a globalised market might make this challenging. There are additional challenges with looking at renewable energy systems and electric vehicle batteries. This is because the necessary embodied energy and other effects of raw material extraction are often significant when measuring life-cycle emissions. However the local emissions at the place they are used may be small. [63]

Standards for products

Leading standards and guidance allow official accreditation bodies to certify products as carbon neutral but not as net zero. [26] [ page needed ] The rationale behind this is that until organizations and their supply chains are on track for net zero, allowing a product to claim to be net zero at this point would be disingenuous and lead to greenwashing. [26]

Financial impact

.mw-parser-output .legend{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .legend-color{display:inline-block;min-width:1.25em;height:1.25em;line-height:1.25;margin:1px 0;text-align:center;border:1px solid black;background-color:transparent;color:black}.mw-parser-output .legend-text{}
Net GDP benefit
Chronic damages avoided
Acute damages avoided
Costs of mitigation
Percentage change in world GDP in a net zero scenario. The solid line shows the increase in GDP that would result from efforts to reduce emissions to net zero. World potential GDP benefit under net zero by 2050 (IMF).svg
  Net GDP benefit
  Chronic damages avoided
  Acute damages avoided
  Costs of mitigation
Percentage change in world GDP in a net zero scenario. The solid line shows the increase in GDP that would result from efforts to reduce emissions to net zero.

The International Monetary Fund estimates that compared to current government policies, shifting policies to bring emissions to net zero by 2050 would result in global gross domestic product (GDP) being 7 percent higher. In its estimates, the cost of emissions reductions in 2050 is less than 2% of world GDP, and the cost savings from reducing the effects of climate change are approximately 9% of world GDP. [64]

Credibility

Status of net-zero carbon emissions targets as of October, 2023. The inclusion criteria for net-zero commitments may vary from country to country. Status of net-zero carbon emissions targets map.png
Status of net-zero carbon emissions targets as of October, 2023. The inclusion criteria for net-zero commitments may vary from country to country.

More and more nations and private and public-sector organizations are committing to net zero. But the credibility of these claims remains low. [14] There is no binding regulation requiring a transition to net zero. So the overwhelming majority of net zero commitments have been made on a voluntary basis. [65] The lack of an enforcement mechanism surrounding these claims means that many are dubious. In many sectors such as steel, cement, and chemicals, the pathway to reaching net zero in terms of technology remains unclear. [66] Further investment in research and innovation and further regulation will probably be necessary if net zero claims are to become more credible.

Tzeporah Berman, chair of the Fossil Fuel Non-Proliferation Treaty Initiative, has criticized net zero claims by fossil fuel companies, describing them as "delusional and based on bad science". [67]

A consortium of climate scientists has tracked net zero commitments. Their research found that net pledges drafted in law or policy documentation have grown from 7% of countries in 2020 to 75% in 2023. However, very few have met the minimum requirements for a "decent pledge". The UN Race to Zero campaign calls them "starting line criteria". This states that they must have a "plan and published evidence of action taken towards reaching the target" besides a stated pledge. [68]

The role of carbon credits

One of the main reasons for the low credibility of many net zero claims is their heavy reliance on carbon credits. Carbon credits are often used for offsetting. They reduce or remove emissions of carbon dioxide or other greenhouse gases in order to compensate for emissions made elsewhere. [69] [70] Many fossil fuel companies have made commitments to be net zero by 2050. [71] At the same time they continue to increase greenhouse gas emissions by extracting and producing fossil fuels. [72] They claim that they will use carbon credits and carbon capture technology in order to continue extracting and burning fossil fuels. The UN has condemned such pledges as dangerous examples of greenwashing. [73]

Criticism

Climate scientists James Dyke, Bob Watson, and Wolfgang Knorr argue that the concept of net zero has been harmful for emissions reductions. This is because it allows actors to defer present-day emissions reductions by relying on future, unproved technological fixes. Examples are carbon offsetting, carbon dioxide removal and geoengineering. "The problems come when it is assumed that these [technological fixes] can be deployed at vast scale. This effectively serves as a blank cheque for the continued burning of fossil fuels and the acceleration of habitat destruction", they said. By tracing the history of previous failures in climate policy at reducing emissions from 1988 to 2021, they said they "[arrive] at the painful realisation that the idea of net zero has licensed a recklessly cavalier 'burn now, pay later' approach which has seen carbon emissions continue to soar". They concluded: "Current net zero policies will not keep warming to within 1.5 °C because they were never intended to. They were and still are driven by a need to protect business as usual, not the climate. If we want to keep people safe then large and sustained cuts to carbon emissions need to happen now. [...] The time for wishful thinking is over." [74]

In his 2021 report, Dangerous Distractions, economist Marc Lee said that net zero had the potential to be a dangerous distraction that reduced political pressure to reduce emissions. [75] [76] "A net zero target means less incentive to get to 'real zero' emissions from fossil fuels, an escape hatch that perpetuates business as usual and delays more meaningful climate action," he said. "Rather than gambling on carbon removal technologies of the future, Canada should plan for a managed wind down of fossil fuel production and invest public resources in bona fide solutions like renewables and a just transition from fossil fuels," he said. [76] [75]

At the 2022 United Nations Climate Change Conference (COP27), the High-Level Expert Group on the net-zero emissions commitments of non-state entities of the United Nations formed the previous March by U.N. Secretary-General António Guterres and chaired by former Canadian Minister of Environment and Climate Change Catherine McKenna released a report that stated that the carbon neutrality pledges of many corporations, local governments, regional governments, and financial institutions around the world often amount to nothing more than greenwashing and provided 10 recommendations to ensure greater credibility and accountability for carbon neutrality pledges such as requiring non-state actors to publicly disclose and report verifiable information (e.g. greenhouse gas inventories and carbon footprint accounting in prospectus for financial securities) that substantiates compliance with such pledges. [77] [78] [79]

After the release of the report, Net Zero Tracker, a research consortium that includes the NewClimate Institute, the Energy and Climate Intelligence Unit, the Data-Driven EnviroLab of the University of North Carolina at Chapel Hill, and the Net Zero Initiative at the University of Oxford issued a report evaluating the climate neutrality pledges of 116 of 713 regional governments, of 241 of 1,177 cities with populations greater than 500,000, and of 1,156 of 2,000 publicly listed companies in the 25 countries with the greatest emissions (whose pledges cover more than 90% of the gross world product) by the recommendations of the UN report and found that many these pledges were largely unsubstantiated and more than half of cities had no plan for tracking and reporting compliance with pledges. [80] [81]

Equity and impact

The concept of net zero has attracted criticism for the impact it could have on equity and distribution. The use of removals or carbon credits for offsetting has been particularly controversial. This is because of the possibility that offset projects themselves could have harmful effects. The ISO Net Zero Guidelines say that net zero strategies should align with the United Nations Sustainable Development Goals.This is in order to "support equity and global transition to a net-zero economy, and any subsequent UN global goals which supersede the 2030 SDGs." [26] The UNFCCC's Race to Zero campaign says emissions reductions and removals should "safeguard the rights of the most vulnerable people and communities". It says that organizations should disclose how they will support communities affected by climate impacts and climate transition. [25]

Country examples

As of November 2023, around 145 countries had announced or are considering net zero targets, covering close to 90% of global emissions. [10] They include some countries that were resistant to climate action in previous decades. [11] [9] Country-level net zero targets now cover 92% of global GDP, 88% of emissions and 89% of the world population. [9]

According to World Population Review, a number of countries have net zero, or net negative carbon emissions: Bhutan, Comoros, Gabon, Guyana, Madagascar, Panama, and Suriname. [82] However, according to the World Resources Institute, all of these countries have net positive greenhouse gas emissions. [83] These countries generally have a high level of forestation. [82]

European Union

Development of CO2 emissions in the European Union. CO2 emissions EU.svg
Development of CO2 emissions in the European Union.
CO2 emissions per capita in the European Union. Co-emissions-per-capita (2).png
CO2 emissions per capita in the European Union.
Global carbon dioxide emissions by jurisdiction (as of 2015) CO2 emission pie chart.svg
Global carbon dioxide emissions by jurisdiction (as of 2015)

The European Green Deal, approved in 2020, is a set of policy initiatives by the European Commission with the overarching aim of making the European Union (EU) climate neutral in 2050. [84] [85] The plan is to review each existing law on its climate merits, and also introduce new legislation on the circular economy (CE), building renovation, biodiversity, farming and innovation. [85]

The president of the European Commission, Ursula von der Leyen, stated that the European Green Deal would be Europe's "man on the moon moment". [85] On 13 December 2019, the European Council decided to press ahead with the plan, with an opt-out for Poland. [86] On 15 January 2020, the European Parliament voted to support the deal as well, with requests for higher ambition. [87] A year later, the European Climate Law was passed, which legislated that greenhouse gas emissions should be 55% lower in 2030 compared to 1990. The Fit for 55 package is a large set of proposed legislation detailing how the European Union plans to reach this target. [88]

The European Commission's climate change strategy, launched in 2020, is focused on a promise to make Europe a net-zero emitter of greenhouse gases by 2050 and to demonstrate that economies will develop without increasing resource usage. However, the Green Deal has measures to ensure that nations that are already reliant on fossil fuels are not left behind in the transition to renewable energy. [89] [90] [91] The green transition is a top priority for Europe. The EU Member States want to reduce greenhouse gas emissions by 55% by 2030 from 1990 levels, and become climate neutral by 2050. [92] [93] [94] [95]

India

Carbon neutrality in India refers to reducing India's greenhouse gas emissions to the point where carbon emissions are neutral compared to the absorption of carbon dioxide, and often called "net zero". Like the European Union, United States and countries worldwide, India has implemented carbon neutrality measures and law reform at both federal and state levels:

United States

Carbon neutrality in the United States refers to reducing U.S. greenhouse gas emissions to the point where carbon emissions are neutral compared to the absorption of carbon dioxide, and often called "net zero". Like the European Union, and countries worldwide, the United States has implemented carbon neutrality measures and law reform at both federal and state levels:

  • the Presidency has set a goal of reducing carbon emissions by 50% to 52% compared to 2005 levels by 2030, a carbon free power sector by 2035, and for the entire economy to be net zero by 2050. [111]
  • by April 2023, 22 states, plus Washington DC and Puerto Rico had set legislative or executive targets for clean power production. [112]
  • all cars or light vehicles will have zero emissions (i.e. no internal combustion engine with gas or diesel) by 2035 in light duty vehicles, and no longer be bought by federal government by 2027. [113]
  • the California Air Resources Board voted in 2022 to draft new rules banning gas furnaces and water heaters, and requiring zero emission appliances in 2030. [114] By 2022, four states have gas bans in new buildings. [115]

See also

Related Research Articles

<span class="mw-page-title-main">Climate change mitigation</span> Actions to reduce net greenhouse gas emissions to limit climate change

Climate change mitigation (or decarbonisation) is action to limit the greenhouse gases in the atmosphere that cause climate change. Climate change mitigation actions include conserving energy and replacing fossil fuels with clean energy sources. Secondary mitigation strategies include changes to land use and removing carbon dioxide (CO2) from the atmosphere. Current climate change mitigation policies are insufficient as they would still result in global warming of about 2.7 °C by 2100, significantly above the 2015 Paris Agreement's goal of limiting global warming to below 2 °C.

<span class="mw-page-title-main">Carbon footprint</span> Concept to quantify greenhouse gas emissions from activities or products

A carbon footprint (or greenhouse gas footprint) is a calculated value or index that makes it possible to compare the total amount of greenhouse gases that an activity, product, company or country adds to the atmosphere. Carbon footprints are usually reported in tonnes of emissions (CO2-equivalent) per unit of comparison. Such units can be for example tonnes CO2-eq per year, per kilogram of protein for consumption, per kilometer travelled, per piece of clothing and so forth. A product's carbon footprint includes the emissions for the entire life cycle. These run from the production along the supply chain to its final consumption and disposal.

<span class="mw-page-title-main">Carbon offsets and credits</span> Carbon dioxide reduction scheme

Carbon offsetting is a carbon trading mechanism that enables entities to compensate for offset greenhouse gas emissions by investing in projects that reduce, avoid, or remove emissions elsewhere. When an entity invests in a carbon offsetting program, it receives carbon credit or offset credit, which account for the net climate benefits that one entity brings to another. After certification by a government or independent certification body, credits can be traded between entities. One carbon credit represents a reduction, avoidance or removal of one metric tonne of carbon dioxide or its carbon dioxide-equivalent (CO2e).

<span class="mw-page-title-main">Business action on climate change</span> Range of activities by businesses relating to climate change

Business action on climate change is a topic which since 2000 includes a range of activities relating to climate change, and to influencing political decisions on climate change-related regulation, such as the Kyoto Protocol. Major multinationals have played and to some extent continue to play a significant role in the politics of climate change, especially in the United States, through lobbying of government and funding of climate change deniers. Business also plays a key role in the mitigation of climate change, through decisions to invest in researching and implementing new energy technologies and energy efficiency measures.

<span class="mw-page-title-main">Carbon accounting</span> Processes used to measure emissions of carbon dioxide equivalents

Carbon accounting is a framework of methods to measure and track how much greenhouse gas (GHG) an organization emits. It can also be used to track projects or actions to reduce emissions in sectors such as forestry or renewable energy. Corporations, cities and other groups use these techniques to help limit climate change. Organizations will often set an emissions baseline, create targets for reducing emissions, and track progress towards them. The accounting methods enable them to do this in a more consistent and transparent manner.

<span class="mw-page-title-main">Environmental impact of aviation</span> Effect of emissions from aircraft engines

Aircraft engines produce gases, noise, and particulates from fossil fuel combustion, raising environmental concerns over their global effects and their effects on local air quality. Jet airliners contribute to climate change by emitting carbon dioxide, the best understood greenhouse gas, and, with less scientific understanding, nitrogen oxides, contrails and particulates. Their radiative forcing is estimated at 1.3–1.4 that of CO2 alone, excluding induced cirrus cloud with a very low level of scientific understanding. In 2018, global commercial operations generated 2.4% of all CO2 emissions.

<span class="mw-page-title-main">Greenhouse gas emissions</span> Greenhouse gases emitted from human activities

Greenhouse gas (GHG) emissions from human activities intensify the greenhouse effect. This contributes to climate change. Carbon dioxide, from burning fossil fuels such as coal, oil, and natural gas, is one of the most important factors in causing climate change. The largest emitters are China followed by the United States. The United States has higher emissions per capita. The main producers fueling the emissions globally are large oil and gas companies. Emissions from human activities have increased atmospheric carbon dioxide by about 50% over pre-industrial levels. The growing levels of emissions have varied, but have been consistent among all greenhouse gases. Emissions in the 2010s averaged 56 billion tons a year, higher than any decade before. Total cumulative emissions from 1870 to 2022 were 703 GtC, of which 484±20 GtC from fossil fuels and industry, and 219±60 GtC from land use change. Land-use change, such as deforestation, caused about 31% of cumulative emissions over 1870–2022, coal 32%, oil 24%, and gas 10%.

<span class="mw-page-title-main">Greenhouse gas emissions by the United States</span> Climate changing gases from the North American country

The United States produced 5.2 billion metric tons of carbon dioxide equivalent greenhouse gas (GHG) emissions in 2020, the second largest in the world after greenhouse gas emissions by China and among the countries with the highest greenhouse gas emissions per person. In 2019 China is estimated to have emitted 27% of world GHG, followed by the United States with 11%, then India with 6.6%. In total the United States has emitted a quarter of world GHG, more than any other country. Annual emissions are over 15 tons per person and, amongst the top eight emitters, is the highest country by greenhouse gas emissions per person.

<span class="mw-page-title-main">Climate change in Japan</span> Emissions, impacts and responses of Japan related to climate change

Climate change is an urgent and significant issue affecting Japan. In recent years, the country has observed notable changes in its climate patterns, with rising temperatures serving as a prominent indicator of this phenomenon. As an archipelago situated in northeastern Asia, Japan is particularly vulnerable to the impacts of climate change due to its diverse geography and exposure to various weather systems. The nation experiences a broad range of climates, spanning from the frigid winters of Hokkaido to the subtropical climates of Okinawa. Changes in temperature patterns have the potential to disrupt ecosystems, impact agricultural productivity, modify water resources, and pose significant challenges to infrastructure and human settlements.

<span class="mw-page-title-main">Climate change in New Zealand</span> Emissions, impacts and responses of New Zealand related to climate change

Climate change in New Zealand involves historical, current and future changes in the climate of New Zealand; and New Zealand's contribution and response to global climate change. Summers are becoming longer and hotter, and some glaciers have melted completely and others have shrunk. In 2021, the Ministry for the Environment estimated that New Zealand's gross emissions were 0.17% of the world's total gross greenhouse gas emissions. However, on a per capita basis, New Zealand is a significant emitter, the sixth highest within the Annex I countries, whereas on absolute gross emissions New Zealand is ranked as the 24th highest emitter.

<span class="mw-page-title-main">Carbon dioxide removal</span> Removal of atmospheric carbon dioxide through human activity

Carbon dioxide removal (CDR) is a process in which carbon dioxide is removed from the atmosphere by deliberate human activities and durably stored in geological, terrestrial, or ocean reservoirs, or in products. This process is also known as carbon removal, greenhouse gas removal or negative emissions. CDR is more and more often integrated into climate policy, as an element of climate change mitigation strategies. Achieving net zero emissions will require first and foremost deep and sustained cuts in emissions, and then—in addition—the use of CDR. In the future, CDR may be able to counterbalance emissions that are technically difficult to eliminate, such as some agricultural and industrial emissions.

<span class="mw-page-title-main">Energy in Switzerland</span>

Energy in Switzerland is transitioning towards sustainability, targeting net zero emissions by 2050 and a 50% reduction in greenhouse gas emissions by 2030.

<span class="mw-page-title-main">Greenhouse gas emissions by the United Kingdom</span> Overview of the greenhouse gas emissions by United Kingdom

In 2021, net greenhouse gas (GHG) emissions in the United Kingdom (UK) were 427 million tonnes (Mt) carbon dioxide equivalent, 80% of which was carbon dioxide itself. Emissions increased by 5% in 2021 with the easing of COVID-19 restrictions, primarily due to the extra road transport. The UK has over time emitted about 3% of the world total human caused CO2, with a current rate under 1%, although the population is less than 1%.

<span class="mw-page-title-main">Climate change in Europe</span> Emissions, impacts and responses of Europe related to climate change

Climate change has resulted in an increase in temperature of 2.3 °C (4.14 °F) (2022) in Europe compared to pre-industrial levels. Europe is the fastest warming continent in the world. Europe's climate is getting warmer due to anthropogenic activity. According to international climate experts, global temperature rise should not exceed 2 °C to prevent the most dangerous consequences of climate change; without reduction in greenhouse gas emissions, this could happen before 2050. Climate change has implications for all regions of Europe, with the extent and nature of impacts varying across the continent.

<span class="mw-page-title-main">Carbon Offsetting and Reduction Scheme for International Aviation</span> Voluntary ICAO greenhouse gas emissions scheme

The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is a carbon offset and carbon reduction scheme to lower CO2 emissions for international flights and curb the aviation impact on climate change. CORSIA uses market-based environmental policy instruments to offset CO2 emissions: aircraft operators have to purchase carbon credits from the carbon market.

<span class="mw-page-title-main">Special Report on Global Warming of 1.5 °C</span> Special climate change report published by the Intergovernmental Panel on Climate Change

The Special Report on Global Warming of 1.5 °C (SR15) was published by the Intergovernmental Panel on Climate Change (IPCC) on 8 October 2018. The report, approved in Incheon, South Korea, includes over 6,000 scientific references, and was prepared by 91 authors from 40 countries. In December 2015, the 2015 United Nations Climate Change Conference called for the report. The report was delivered at the United Nations' 48th session of the IPCC to "deliver the authoritative, scientific guide for governments" to deal with climate change. Its key finding is that meeting a 1.5 °C (2.7 °F) target is possible but would require "deep emissions reductions" and "rapid, far-reaching and unprecedented changes in all aspects of society". Furthermore, the report finds that "limiting global warming to 1.5 °C compared with 2 °C would reduce challenging impacts on ecosystems, human health and well-being" and that a 2 °C temperature increase would exacerbate extreme weather, rising sea levels and diminishing Arctic sea ice, coral bleaching, and loss of ecosystems, among other impacts.

<span class="mw-page-title-main">Climate target</span> Policy for emissions reductions

A climate target, climate goal or climate pledge is a measurable long-term commitment for climate policy and energy policy with the aim of limiting the climate change. Researchers within, among others, the UN climate panel have identified probable consequences of global warming for people and nature at different levels of warming. Based on this, politicians in a large number of countries have agreed on temperature targets for warming, which is the basis for scientifically calculated carbon budgets and ways to achieve these targets. This in turn forms the basis for politically decided global and national emission targets for greenhouse gases, targets for fossil-free energy production and efficient energy use, and for the extent of planned measures for climate change mitigation and adaptation.

The Carbon Connect Delta Program is a proposed carbon sequestration program to aid Belgium and the Netherlands in achieving carbon neutrality by 2030. It aims to capture, transport, and store 6.5 million tones of CO2 by 2030 using carbon capture and storage (CCS) in the transboundary area of the North Sea Port area of the Scheldt-Delta region connecting Belgium and the Netherlands.

The Federal Act on the Reduction of CO2 Emissions (CO2 Act) (German: CO2-Gesetz, French: Loi sur le CO2, Italian: Legge sul CO2), is a Swiss federal law that regulates carbon dioxide emissions to mitigate climate change.

Mayanna Berrin v. Delta Air Lines Inc. is an ongoing civil action lawsuit brought by the law firm Haderlein and Kouyoumdjian LLP against Delta Air Lines. In their complaint, the plaintiffs argue that Delta Air Lines' advertising claim of carbon neutrality is false and misleading, in violation of California state advertising statutes.

References

  1. "Key findings – World Energy Outlook 2022 – Analysis". IEA. Retrieved 2023-09-01.
  2. 1 2 Fankhauser, Sam; Smith, Stephen M.; Allen, Myles; Axelsson, Kaya; Hale, Thomas; Hepburn, Cameron; Kendall, J. Michael; Khosla, Radhika; Lezaun, Javier; Mitchell-Larson, Eli; Obersteiner, Michael; Rajamani, Lavanya; Rickaby, Rosalind; Seddon, Nathalie; Wetzer, Thom (2022). "The meaning of net zero and how to get it right". Nature Climate Change . 12 (1): 15–21. Bibcode:2022NatCC..12...15F. doi: 10.1038/s41558-021-01245-w .
  3. 1 2 3 4 5 6 7 8 9 10 Rogelj, Joeri; Geden, Oliver; Cowie, Annette; Reisinger, Andy (16 March 2021). "Net-zero emissions targets are vague: three ways to fix". Nature. 591 (7850): 365–368. Bibcode:2021Natur.591..365R. doi:10.1038/d41586-021-00662-3. hdl: 10044/1/87657 . ISSN   1476-4687. PMID   33727725.
  4. 1 2 "What does carbon neutral mean and what is net zero?". Natural History Museum, London . Retrieved 2023-08-20.
  5. 1 2 "A Beginner's Guide to Climate Neutrality". United Nations Climate Change. 26 February 2021. Retrieved 2023-08-20.
  6. 1 2 Jeudy-Hugo, Sirini; Re, Luca Lo; Falduto, Chiara (2021-10-27). Understanding countries' net-zero emissions targets (Report). OECD/IEA Climate Change Expert Group Papers. Paris: OECD. doi: 10.1787/8d25a20c-en .
  7. "The Net-Zero Standard". Science Based Targets. Retrieved 2023-12-13.
  8. "Net Zero: A short history". Energy & Climate Intelligence Unit. Retrieved 17 April 2023.
  9. 1 2 3 4 5 6 7 "Net Zero Tracker". netzerotracker.net. Retrieved 17 April 2023.
  10. 1 2 "CAT net zero target evaluations". climateactiontracker.org. Retrieved 2024-03-21.
  11. 1 2 "CAT net zero target evaluations". climateactiontracker.org. Retrieved 29 March 2023.
  12. 1 2 "Big companies keep increasing their climate commitments—especially when governments tell them to". Fortune. Retrieved 17 April 2023.
  13. 1 2 "Taking stock: A global assessment of net zero targets". Energy & Climate Intelligence Unit. 25 October 2021. Retrieved 29 March 2023.
  14. 1 2 "More companies setting 'net-zero' climate targets, but few have credible plans, report says". AP News. 11 June 2023. Retrieved 31 July 2023.
  15. "Get Net Zero Right" (PDF). UNFCC.
  16. "Evolving regulation of companies in climate change framework laws". Grantham Research Institute on climate change and the environment. Retrieved 26 July 2023.
  17. "Federal Act on Climate Protection Goals, Innovation and Strengthening Energy Security - Climate Change Laws of the World". climate-laws.org. Retrieved 26 July 2023.
  18. Allen, Myles R.; Friedlingstein, Pierre; Girardin, Cécile A.J.; Jenkins, Stuart; Malhi, Yadvinder; Mitchell-Larson, Eli; Peters, Glen P.; Rajamani, Lavanya (17 October 2022). "Net Zero: Science, Origins, and Implications". Annual Review of Environment and Resources. 47 (1): 849–887. doi: 10.1146/annurev-environ-112320-105050 . hdl: 11250/3118584 . ISSN   1543-5938. S2CID   251891777.
  19. "Global Warming of 1.5 °C" . Retrieved 17 April 2023.
  20. 1 2 Hausfather, Zeke (2021-04-29). "Explainer: Will global warming 'stop' as soon as net-zero emissions are reached?". Carbon Brief. Retrieved 2023-09-09.
  21. Solomon, Susan; Plattner, Gian-Kasper; Knutti, Reto; Friedlingstein, Pierre (2009-02-10). "Irreversible climate change due to carbon dioxide emissions". Proceedings of the National Academy of Sciences. 106 (6): 1704–1709. Bibcode:2009PNAS..106.1704S. doi: 10.1073/pnas.0812721106 . ISSN   0027-8424. PMC   2632717 . PMID   19179281.
  22. 1 2 3 4 Levin, Kelly; Fransen, Taryn; Schumer, Clea; Davis, Chantal; Boehm, Sophie (2023-03-20). "What Does "Net-Zero Emissions" Mean? 8 Common Questions, Answered". World Resources Institute. Creative Commons by small.svg  This article incorporates textfrom this source, which is available under the CC BY 4.0 license.
  23. Pierrehumbert, R.T. (2014-05-30). "Short-Lived Climate Pollution". Annual Review of Earth and Planetary Sciences. 42 (1): 341–379. Bibcode:2014AREPS..42..341P. doi: 10.1146/annurev-earth-060313-054843 . ISSN   0084-6597.
  24. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 United Nations’ High‑Level Expert Group on the Net Zero Emissions Commitments of Non-State Entities (2022). Integrity Matters: Net Zero Commitments by Businesses, Financial Institutions, Cities and Regions. United Nations.
  25. 1 2 3 4 5 6 7 8 9 10 11 12 13 "UNFCCC Race to Zero Campaign". unfccc.int. Archived from the original on 2023-11-29. Retrieved 25 September 2024.
  26. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 "IWA 42:2022 Net zero guidelines". www.iso.org. Retrieved 17 July 2023.
  27. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 "The Net-Zero Standard". Science Based Targets. Retrieved 20 June 2023.
  28. "Net Zero vs. Carbon Neutral". Corporate Finance Institute. Retrieved 18 July 2023.
  29. "Carbon neutral and net zero – what do they mean?". World Economic Forum. 23 August 2022. Retrieved 20 July 2023.
  30. Murray, Joy; Dey, Christopher (2009-03-01). "The carbon neutral free for all". International Journal of Greenhouse Gas Control. 3 (2): 237–248. Bibcode:2009IJGGC...3..237M. doi:10.1016/j.ijggc.2008.07.004. ISSN   1750-5836.
  31. "Untangling our climate goals". Energy & Climate Intelligence Unit. Retrieved 2023-08-11.
  32. 1 2 Buck, Holly Jean; Carton, Wim; Lund, Jens Friis; Markusson, Nils (April 2023). "Why residual emissions matter right now". Nature Climate Change. 13 (4): 351–358. Bibcode:2023NatCC..13..351B. doi: 10.1038/s41558-022-01592-2 . ISSN   1758-6798. S2CID   248470852.
  33. "How can companies handle so-called 'residual emissions'? - CDP". www.cdp.net. Retrieved 17 July 2023.
  34. "Pathways to Net-Zero: SBTi Technical Summary" (PDF), sciencebasedtargets.org, p. 5-6, October 2021, retrieved 5 December 2024
  35. "The net-zero transition for hard-to-abate sectors | McKinsey". www.mckinsey.com. Retrieved 18 July 2023.
  36. "Unlocking the "Hard to Abate" Sectors". World Resources Institute. 24 February 2020. Retrieved 18 July 2023.
  37. 1 2 3 "ISO/FDIS 14068". ISO . Retrieved 29 March 2023.
  38. 1 2 "PAS 2060 - Carbon Neutrality Standard and Certification". www.bsigroup.com. Retrieved 18 July 2023.
  39. "Net zero guidelines". www.iso.org. Retrieved 21 June 2023.
  40. "Race to Zero Lexicon" (PDF).
  41. "Methane and climate change – Global Methane Tracker 2022 – Analysis". IEA. Retrieved 18 July 2023.
  42. "The Atmosphere: Getting a Handle on Carbon Dioxide". Climate Change: Vital Signs of the Planet. Retrieved 18 July 2023.
  43. 1 2 3 Climate Change Committee (2022). Voluntary Carbon Markets and Offsetting (PDF) (Government Report). UK Government. p. 38.
  44. Smith, Kevin (2007). The carbon neutral myth : offset indulgences for your climate sins. Oscar Reyes, Timothy Byakola, Carbon Trade Watch. Amsterdam: Transnational Institute. ISBN   978-90-71007-18-7. OCLC   778008109.
  45. "Dutch Ad Watchdog Tells Shell to Pull 'Carbon Neutral' Campaign". Bloomberg.com. 27 August 2021. Retrieved 2 December 2022.
  46. 1 2 "CDM: About CDM". cdm.unfccc.int. Retrieved 2 December 2022.
  47. "United Nations online platform for voluntary cancellation of certified emission reductions (CERs)". offset.climateneutralnow.org. Retrieved 2 December 2022.
  48. Hua, Fangyuan; Bruijnzeel, L. Adrian; Meli, Paula; Martin, Philip A.; Zhang, Jun; Nakagawa, Shinichi; Miao, Xinran; Wang, Weiyi; McEvoy, Christopher; Peña-Arancibia, Jorge Luis; Brancalion, Pedro H. S.; Smith, Pete; Edwards, David P.; Balmford, Andrew (20 May 2022). "The biodiversity and ecosystem service contributions and trade-offs of forest restoration approaches". Science. 376 (6595): 839–844. Bibcode: 2022Sci...376..839H . doi: 10.1126/science.abl4649 . hdl: 10810/62203 . ISSN   0036-8075. PMID   35298279. S2CID   247521598 .
  49. "GHG Protocol". climate-pact.europa.eu. Retrieved 2022-12-27.
  50. 1 2 3 4 Ranganathan, J.; Corbier, L.; Bhatia, P.; Schmitz, S.; et al. (2004) GHG Protocol Corporate Accounting and Reporting Standard (PDF) (Report). World Resources Institute. Retrieved December 20, 2022.
  51. Sotos, Mary (2015). GHG Protocol Scope 2 Guidance (PDF). World Resources Institute. p. 6. ISBN   978-1-56973-850-4 . Retrieved 4 June 2021.
  52. "Corporate Value Chain (Scope 3) Accounting and Reporting Standard". Greenhouse Gas Protocol. Archived from the original on 31 January 2021. Retrieved 2016-02-28.
  53. CDP Technical Note: Relevance of Scope 3 Categories by Sector (PDF) (Report). Carbon Disclosure Project. 2022. p. 6. Retrieved January 20, 2023.
  54. "Inside Top Oil Exporter Saudi Arabia's Plan to Go Green". Time. 2022-09-01. Retrieved 2023-08-26.
  55. "Emissions targets in the oil and gas sector: How do they stack up?". Grantham Research Institute on climate change and the environment. Retrieved 2023-08-26.
  56. Race to Zero Expert Peer Review Group (June 2022). Interpretation Guide (PDF). p. 4.
  57. "Carbon neutral verification". carbontrust.com. 13 January 2020. Retrieved 20 July 2023.
  58. "Net Zero by 2050 – Analysis". IEA. May 2021. Retrieved 2023-09-06.
  59. Stanley, Andrew (September 2021). "Net Zero by 2050". IMF. Retrieved 2023-09-06.
  60. Smil, Vaclav. "Halfway Between Kyoto and 2050: Zero Carbon Is a Highly Unlikely Outcome" (PDF).
  61. Unger, Benedikt; Nippa, Michael (2024-01-26). "Determinants of firms' initiative and inertia in pursuing climate neutrality strategies—Theoretical explanations and empirical evidence". Business Strategy and the Environment. 33 (5): 4086–4107. doi:10.1002/bse.3698. ISSN   0964-4733.
  62. Unger, Benedikt; Nippa, Michael (2024-01-26). "Determinants of firms' initiative and inertia in pursuing climate neutrality strategies—Theoretical explanations and empirical evidence". Business Strategy and the Environment. 33 (5): 4086–4107. doi:10.1002/bse.3698. ISSN   0964-4733.
  63. Huovila, A., Siikavirta, H., Antuña Rozado, C., Rökman, J., Tuominen, P., Paiho, S., Hedman, Å., Ylén, P.: "Carbon-neutral cities: Critical review of theory and practice". Journal of Cleaner Production, Volume 341, 20 March 2022.
  64. "Benefits of Accelerating the Climate Transition Outweigh the Costs". IMF. 2023-12-05. Retrieved 2024-02-27.
  65. UN High‑Level Expert Group on the Net Zero Emissions Commitments of Non‑State Entities. "Integrity Matters: Net Zero Commitments by Businesses, Financial Institutions, Cities and Regions" (PDF).
  66. "Steel, cement, chemicals: How industry heavyweights aim to become climate friendly". Clean Energy Wire. 28 June 2019. Retrieved 31 July 2023.
  67. Berman, Tzeporah; Nathan, Taft (3 March 2021). "Global oil companies have committed to 'net zero' emissions. It's a sham". The Guardian. Archived from the original on 6 July 2021. Retrieved 10 July 2021.
  68. Sanderson, Katharine (20 June 2023). "Net-zero pledges are growing — how serious are they?". Nature. Retrieved 10 November 2023. The Race to Zero scheme outlines a set of criteria called the 'starting line', which is "the very minimum procedural requirements for a decent pledge", says Lang. The criteria include having a pledge, plan and published evidence of action taken towards reaching the target. Most states, regions or cities that have made pledges have not met the starting line criteria. "We saw no movement whatsoever" in almost every case, says Lang.
  69. Collins English Dictionary. "Carbon offset definition".
  70. Goodward, Jenna; Kelly, Alexia (1 August 2010). "Bottom Line on Offsets". World Resources Institute .
  71. "Which major oil companies have set net-zero emissions targets?". 16 December 2020. Retrieved 31 July 2023.
  72. Ferris, Nick (26 January 2023). "Exclusive: How just 25 oil companies are set to blow the world's 1.5 °C carbon budget". Energy Monitor. Retrieved 31 July 2023.
  73. Morton, Adam (8 November 2022). "UN experts demand crackdown on greenwashing of net zero pledges". The Guardian. ISSN   0261-3077 . Retrieved 31 July 2023.
  74. Dyke, James; Watson, Robert; Wolfgang, Knorr (22 April 2021). "Climate scientists: concept of net zero is a dangerous trap". The Conversation. Archived from the original on 2 November 2021. Retrieved 2 November 2021.
  75. 1 2 Lee, Marc (17 June 2021). "Dangerous Distractions: Canada's carbon emissions and the pathway to net zero". Canadian Centre for Policy Alternatives. Archived from the original on 20 November 2021. Retrieved 2 November 2021.
  76. 1 2 Lee, Marc (17 June 2021). "Net zero emissions: muddying the waters or real solutions?". Canadian Centre for Policy Alternatives. Archived from the original on 2 November 2021. Retrieved 2 November 2021.
  77. Dickie, Gloria; Jessop, Simon (8 November 2022). "COP27 - Corporate climate pledges rife with greenwashing - U.N. expert group". Reuters. Thomson Reuters. Archived from the original on 2023-05-10. Retrieved 2 December 2022.
  78. Dickie, Gloria; Jessop, Simon (8 November 2022). "UN experts demand crackdown on greenwashing of net zero pledges". The Guardian. Archived from the original on 2023-02-28. Retrieved 2 December 2022.
  79. Integrity Matters: Net Zero Commitments by Businesses, Financial Institutions, Cities and Regions (PDF) (Report). United Nations. Archived (PDF) from the original on 2023-03-17. Retrieved 2 December 2022.
  80. Dickie, Gloria (15 November 2022). "COP27: Cities with net zero promises falling short on tracking, report says". Reuters. Thomson Reuters. Archived from the original on 2023-05-10. Retrieved 2 December 2022.
  81. Recommendations and current realities. Net Zero Tracker (Report). NewClimate Institute/Energy and Climate Intelligence Unit/University of North Carolina at Chapel Hill/University of Oxford. Archived from the original on 2023-03-25. Retrieved 2 December 2022.
  82. 1 2 "Carbon-Negative Countries 2024". World Population Review. Archived from the original on Dec 26, 2023. Retrieved Jan 28, 2024.
  83. "Climate Watch". www.climatewatchdata.org. Retrieved 2024-03-01.
  84. Tamma, Paola; Schaart, Eline; Gurzu, Anca (2019-12-11). "Europe's Green Deal plan unveiled". POLITICO. Retrieved 2019-12-29.
  85. 1 2 3 Simon, Frédéric (2019-12-11). "EU Commission unveils 'European Green Deal': The key points". euractiv.com. Retrieved 2019-12-29.
  86. Rankin, Jennifer (2019-12-13). "European Green Deal to press ahead despite Polish targets opt-out". The Guardian. ISSN   0261-3077 . Retrieved 2019-12-29.
  87. Benakis, Theodoros (2020-01-15). "Parliament supports European Green Deal". European Interest. Retrieved 2020-01-20.
  88. Higham, Catherine; Setzer, Joana; Narulla, Harj; Bradeen, Emily (March 2023). Climate change law in Europe: What do new EU climate laws mean for the courts? (PDF) (Report). Grantham Research Institute on Climate Change and the Environment. p. 3. Retrieved 2 April 2023.
  89. "International investors enter Poland renewable energy market after rule change". European Investment Bank. Retrieved 2021-05-20.
  90. Geden, Oliver; Schenuit, Felix; Stiftung Wissenschaft Und Politik (2020). "Unconventional Mitigation". SWP Research Paper. doi:10.18449/2020RP08 . Retrieved 2021-05-20.
  91. "€33 trillion investor group: strong EU climate targets key to economic recovery & future growth". IIGCC. Archived from the original on 2023-01-09. Retrieved 2021-05-20.
  92. "Europe needs to forge ahead with renewable energy". European Investment Bank. Retrieved 2022-12-23.
  93. "Fit for 55". consilium.europa.eu. Retrieved 2022-12-23.
  94. Jaeger, Carlo; Mielke, Jahel; Schütze, Franziska; Teitge, Jonas; Wolf, Sarah (2021). "The European Green Deal – More Than Climate Neutrality". Intereconomics. 2021 (2): 99–107.
  95. "Net Zero Coalition". United Nations. Retrieved 2022-12-23.
  96. "COP26: India PM Narendra Modi pledges net zero by 2070". BBC News. 2021-11-01. Retrieved 2023-08-26.
  97. "India's Intended Nationally Determined Contributions" (PDF). Ministry of Environment, Forest and Climate Change .
  98. "India: Energy Conservation (Amendment) Act, 2022, Allowing for a Carbon Credit Trading System, Comes into Force". Library of Congress, Washington, D.C. 20540 USA. Retrieved 2023-08-28.
  99. "The Energy Conservation (Amendment) Bill, 2022". prsindia.org. Retrieved 2023-08-28.
  100. "Cabinet approves India's Updated Nationally Determined Contribution to be communicated to the United Nations Framework Convention on Climate Change". pib.gov.in. Retrieved 2023-08-28.
  101. "India Updates its Nationally Determined Contribution to Tackle Climate Change". The Wire. Retrieved 2023-08-28.
  102. "India's long-term low-carbon development strategy" (PDF). Ministry of Environment, Forest and Climate Change .
  103. "India Outlines a Long-Term Decarbonization Strategy at COP 27". www.globaldata.com. Retrieved 2023-08-28.
  104. Dickie, Gloria (2022-11-14). "COP27: India lays out plan for long-term decarbonization". Reuters. Retrieved 2023-08-28.
  105. "India's Long-Term Low-Carbon Development Strategy" (PDF). unfccc.int. Retrieved 2023-08-28.
  106. "Draft: National Energy Policy - NITI Aayog" (PDF). NITI Aayog .
  107. Kumar. J, Charles Rajesh; Majid, M. A. (2020-01-07). "Renewable energy for sustainable development in India: current status, future prospects, challenges, employment, and investment opportunities". Energy, Sustainability and Society. 10 (1): 2. doi: 10.1186/s13705-019-0232-1 . ISSN   2192-0567.
  108. "National Electric Mobility Mission Plan | BEE | Department of Heavy Industry (DHI)". evyatra.beeindia.gov.in. Retrieved 2023-08-28.
  109. "National Electric Mobility Mission Plan 2020 – Policies". IEA. Retrieved 2023-08-28.
  110. "National Electric Mobility Mission Plan 2020 | ESCAP Policy Documents Management". policy.asiapacificenergy.org. Retrieved 2023-08-28.
  111. FACT SHEET: President Biden to Catalyze Global Climate Action through the Major Economies Forum on Energy and Climate (April 20, 2023)
  112. Clean Energy States Alliance, Table of clean electricity goals
  113. Executive Order 14057
  114. 'California plans to phase out new gas heaters by 2030' (23 September 2022) NPR
  115. S&P Global (9 June 2022) Market Intelligence