Are “net-zero” climate targets just hot air?
Corporations and countries around the world are promising to eliminate their contributions to climate change. But many of their targets for cutting greenhouse gas emissions are prefaced by a slippery phrase: “net-zero.”
More than 130 countries have set or are considering net-zero emissions goals, and many are stepping up as they prepare for next week’s COP26 climate meeting in Glasgow, Scotland. The United States, New Zealand, Costa Rica, Japan, and Argentina all aim to achieve net-zero emissions by 2050. The European Union aims to be “climate-neutral,” another way of framing net-zero. Even Russia and Saudi Arabia (the world’s top oil exporter) now have...