Fossil Fuel Companies' Net-Zero Plans Are 'Largely Meaningless,' Report Finds

  • 📰 commondreams
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Existing pledges tend to ignore emissions caused by the distribution and consumption of petroleum products, and not a single fossil fuel company has committed to ending oil and gas production by 2050.

is an accounting gimmick that doesn't guarantee the deep emissions reductions needed to avert the worst consequences of the climate crisis.Monday at the United Nations Bonn Climate Change Conference, shows that even if one accepts the premise that entities can negate, rather than eliminate, their pollution, they are still failing to deliver on the framework's own terms.

Based on publicly available data compiled by the collaborative research outfit Net Zero Tracker, the third comprehensive annual analysis of"net-zero target intent and integrity" finds that 75 of the world's largest 114 fossil fuel companies have now made net-zero by 2050 commitments, up from 51 a year ago.

However, most of those commitments don't fully cover or lack transparency on the coverage of"scope 3" emissions, rendering them"largely meaningless," the report says. In contrast to"scope 1" and"scope 2" emissions—resulting from production and the operation of company-owned property, respectively—scope 3 emissions stem from the distribution and consumption of products, making them by far the most significant for fossil fuel companies.

To make matters worse, not a single fossil fuel company has committed to phasing out oil and gas production by 2050 nor have any committed to ending exploration for new oil and gas fields or halting the extraction of existing reserves, notes the report. Only two have vowed to stop building or enlarging coal mines and another two have rejected new coal-fired power stations. Just four have promised to end coal-fired power generation by 2030 in rich countries and by 2040 in all nations.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 530. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Updated US Hydrogen Strategy Is Better, But Still Mostly Good For The Fossil Fuel Industry - CleanTechnicaIf the DOE updates it every six months, and there's as much movement each time, then by 2025 or 2026 it could be a good strategy.
출처: cleantechnica - 🏆 565. / 51 더 많은 것을 읽으십시오 »

Fossil fuel company net zero plans 'largely meaningless,' report saysThe number of fossil fuel companies setting net-zero emissions targets has risen sharply over the past year, but most fail to address key concerns, making them 'largely meaningless', a report showed on Monday.
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »