Despite the net zero campaign by a number of countries and non-state actors, the timing of the world’s carbon dioxide emissions reaching net zero is not the critical parameter for the safety of humanity. As the recent report of the Intergovernmental Panel on Climate Change made it clear, limiting the increase in the world’s average temperature from pre-industrial levels to those agreed in the Paris Agreement requires global cumulative emissions of carbon dioxide to be capped at the global carbon budget. It is a truism that such a cap means that eventually emissions must go to zero, or more precisely, net zero. (Read More)
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