Green energy policies are evolving, with the majority of countries committing to zero emissions by 2050. We shall no longer generate any emissions that cannot be absorbed back into the environment once we reach “net zero.”
Almost every country has signed the Paris Agreement, pledging to adhere to the “net zero” strategy, which aims to keep global warming to 1.5°C or less above pre-industrial levels. Beyond that point, the climate will be irreparably harmed, posing a serious threat to human existence and the planet’s long-term viability.
Carbon neutrality is no longer a pipe dream; advances in renewable energy, electric vehicles, and overall fossil fuel reduction have made it a reality. But it’s not only about reducing emissions; absorption of hazardous emissions already in the atmosphere is also crucial. Forest, marshland and even soil ecosystem maintenance and rejuvenation are all important and play a crucial function in the absorption of carbon.
Do you have any reservations about the “net zero” initiative’s significance? The most recent decade (2010–2020) was the hottest on record, with projections of a 5°C temperature rise over the next 80 years. Even if it appears to be a far-off problem, it will nonetheless arise.
Aside from economic benefits, the creation of new jobs in the green energy sector is an incentive as global demand grows. Carbon neutrality has been pledged by countries that contribute up to 70% of global carbon emissions. Japan, the European Union, the Republic of Korea, and 110 other countries have pledged to achieve the “net zero” goal by 2050, with China falling behind in 2060.
Source:IIPCC Special report on global warming on 1.5 0C
Pledges are excellent, but the level of nationally determined contributions (also known as NDCs), we see over the next 5 to 10 years will be the true test. NDCs are the genuine barometer of action and specific instructions that will result in long-term transformation.
This is not just the responsibility of national governments; businesses, communities, and individuals must all contribute to this transformation.