The planet is warming at a record pace. So why are many companies retreating from their climate targets? | CBC News Loaded
In the summer, Air New Zealand said it was abandoning a pledge to reduce its emissions by about 29 per cent by 2030. But Cho says a lot of them didn't really specify how they would get there. And now, a decade later, in the absence of any meaningful enforcement for countries and companies alike, many companies are realizing those goals are unattainable.
In some cases, climate action has become more challenging with the emergence of a new revenue stream. Take Microsoft and Google, which admit their investments in AI infrastructure — and the energy that requires — make it impossible to meet their net zero targets.
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