The International Energy Agency’s Net Zero by 2050 scenario describes a largely decarbonized power sector. Out of 1.5 Gt of residual emissions in this scenario, 40% is from heavy industries, mainly in developing economies (chemicals, steel, cement), and 33% is from aviation, shipping and...
As she heads to Glastonbury this weekend to debate the UK's climate response, Molly Scott Cato asks if the government's new net zero goal is really that ambitious A heatwave or thunderous downpours - the weather at Glastonbury has always been unpredictable. But extreme weather patterns and eve...
We are not on track to meet the Paris Agreement target to keep the global temperature fromexceeding 1.5°C above pre-industrial levels. Science shows that the Paris agreement goals are achievable only if emissions are cut by around50% by 2030 and reduced to net-zero by 2050. A key mechanis...
With net zero now positioned as the new standard for climate action, there is more pressure on companies than ever before to ramp up climate action. To turn this ambition into actions that will keep us on track to hit net zero by 2050, we need acommon, science-based definition of what ...
The study, which investigates the financing of a net-zero world, reveals that 55 per cent of business leaders believe their company is not transitioning fast enough to reach net zero by 2050. The lost decade In addition, rather than ramping up their efforts, companies ...
Costa Rica, for example, has a net zero by 2050 target that covers all greenhouse gases, not just carbon dioxide. And Sweden has put their net zero targets into law, which makes their commitments much more binding. Equally, although many private companies have pledged to reach net zero by ...
Key among those technologies is carbon capture and storage, a proven way to collect CO2emissions and securely store them deep underground. Carbon capture and storage is critical to reaching net zero by 2050, according to independent experts like the International Energy Agency and the UN Intergovernm...
In October 2021, former Prime Minister Naftali Bennett announced that Israel had set a goal of net zero emissions by 2050. A plan drawn up by the Israeli Ministry of Energy pledges that from 2030, Israel will completely ban the import of gasoline and diesel vehicles, and the import of cars...
Many governments around the world have committed to reducing their overall emissions, some have set a goal of achieving net zero emissions by 2050 or even sooner. To achieve these targets and reduce urban emissions, technology must play a central role in improving the energy efficiency, onsite ge...
We aim to reach net zero by 2050 even though 33 of the 59 markets in which we operate, including some of the most populous, don’t currently have a net-zero 2050 commitment and some have set longer-dated targets. Nevertheless, by the end of 2022 we expect all our clients in the powe...