Very important new paper from @sciencetargets on net-zero strategies. Companies are NOT carbon/climate neutral by buying avoided emissions offsets. Either 100% emission reductions, or reductions + permanent carbon removals are needed.
https://sciencebasedtargets.org/wp-content/uploads/2020/09/foundations-for-net-zero-full-paper.pdf">https://sciencebasedtargets.org/wp-conten...
However, climate investments in emission reductions elsewhere (including many "offset" projects) are positive since it helps facilitate the transition away from fossil. It just shouldn& #39;t be seen as "offsets".
Transparency of targets and methods are also key.
Another similar new paper is "Climate neutrality claims
How to distinguish between climate leadership and greenwashing" from @newclimateinst
It concludes that transparancy of corporate net-zero targets is so low that they are impossible to evaluate.
https://newclimate.org/wp-content/uploads/2020/09/Climate_neutrality_claims_BUND_September2020.pdf">https://newclimate.org/wp-conten...
It also argues for separate targets for reductions and removals. @newclimateinst themselves have not set a net-zero target but a reduction target + promise to invest (currently) 100 USD per residual tonne emitted in effective climate solutions. Very inspiring set-up.
You can follow @RobertHoglund.
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