Net Zero means to the balance between the amount of greenhouse gas produced and the amount removed from the atmosphere that is international scientific consensus to prevent the worst climate damages. The Global net human-caused the carbon dioxide (CO2) emissions need to fall by about 45 percent from 2010 levels by 2030, reaching the Net Zero around 2050. Global warming is proportional to cumulative CO2 emissions, which means that the planet will keep heating for as long as global emissions remain more than zero. In electricity, emissions to zero can be done using renewable and nuclear generation, and a transport system that runs on electricity or hydrogen, well-insulated homes and industrial processes based on electricity rather than gas can all help to bring sectoral emissions to absolute zero. However, in agriculture industries is highly unlikely that emissions will be brought to zero. An equivalent amount of CO2 will need to be negative emissions in some business sector to become the Net Zero for the whole economy system.
Related Definitions in the Project: The HSE Management; Project Management; Renewable Energy; Energy Definitions
Example Article of the Net Zero:
Oil-Producing Countries Need Support In Net-Zero Scenario (Source: Oil Price on 1 September 2021): By Charles Kennedy - Oil-producing countries need international support to diversify and lessen their dependence on oil revenues if the world has any hope of reaching net-zero emissions, Iraq’s finance minister and the head of the International Energy Agency (IEA) say. “To meet climate targets and avoid economic collapse, countries such as Iraq need international support in the transition to clean energy,” Iraq’s deputy prime minister and finance minister Ali Allawi and Fatih Birol, executive director of the IEA, wrote in an opinion piece in The Guardian. If the major oil nations, such as OPEC’s second-largest producer Iraq, see their oil revenues plunge before their economies have diversified, poverty will increase, and livelihoods will be lost, Allawi and Birol said. ...
