NET ZERO & PLANET
NAVIGATING THE ENERGY TRANSITION TOWARDS A NET ZERO PLANET
Leaders from across the sector share their perspective on the path to net zero , focusing on the strategies and challenges of achieving carbon neutrality
WRITTEN BY : MAYA DERRICK
T he transition to net zero – especially when focusing on addressing the ever-pressing issue of climate change – is , in short , defined by striking a balance between the amount of greenhouse gases emitted into the atmosphere and the amount offset or removed .
When level , this equilibrium means no additional emissions are sent out into the air . Achieving net zero on whatever scale is crucial in mitigating the impacts of climate change , an area in which the energy sector plays a central role due to its current , and significant , contribution to global greenhouse gas emissions .
In this Special Report , Energy Digital takes a look at the challenges facing decarbonisation efforts on the road to net zero and means of combating climate change – as well as the impact of the transition to net zero .
How important is transitioning to net zero ? To reach net zero emissions by 2050 , investment into clean energy will need to more than triple by 2030 to around US $ 4tn each year , according to the International Energy Agency ( IEA ). This global effort is not only set to benefit the environmental wellbeing of our planet , but has the capacity to create millions of new jobs , have a significant positive impact on economic growth and create a more equal and equitable means of accessing energy .
There ’ s no doubt that significant change must come into play to get there , either . With a fiery industry-wide drive to make energy cleaner propelling the industry ’ s significant and rapid change before the end of the decade alone , leaders are pulling together to share their collective knowledge with one clear goal in mind : to pave the way to a greener tomorrow .
energydigital . com 95