Don’t Be Fooled by ‘Net Zero’ Pledges
The past few months have seen a giddying flurry of countries and companies committing to achieving “net zero” carbon emissions by mid-century. But upon examining the fine print of some of the announcements, all is not what it seems. These pledges are too often based on a confused understanding of what net zero means.
Without clarification — and real enforcement — net zero will become an empty slogan that governments, corporations and investors can use to greenwash emissions as usual.