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Net-zero carbon dioxide emissions must be achieved to ensure that climate change is kept within tolerable levels. ICE's Energy Panel discusses the 'net-zero' concept and the innovations needed to move from rhetoric to realisation.
That changed in 2018, when many stakeholders started calling for the net zero target date to be much sooner, with 2050 most frequently mentioned as the new deadline.
The report goes on to say that “these systems transitions are unprecedented in terms of scale, but not necessarily in terms of speed, and imply deep emissions reductions in all sectors, a wide portfolio of mitigation options and a significant upscaling of investments in those options”.