Net Zero 2050 target not realistic say bosses
Confidence in achieving global net zero targets is fading fast, with only 16% of senior energy executives believing the world can reach carbon neutrality by 2050, down from 45% last year.
“The energy industry is facing real challenges in turning pledges into projects,”
EXPLAINER- NOT ZERO: How ‘net zero’ targets disguise climate inaction
Far from signifying climate ambition, the phrase “net zero” is being used by a majority of polluting governments and corporations to evade responsibility, shift burdens, disguise climate inaction, and in some cases even to scale up fossil fuel extraction, burning and emissions. The term is used to greenwash business-as-usual or even business-more-than-usual.
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