Net zero or real zero? Assessing the carbon dioxide removal in net zero pledges
As of May 2024, around 145 governments have announced – or are considering – net zero and carbon neutrality targets, covering close to 90% of global emissions. Among these are China’s 2060 carbon neutrality target, the EU’s 2050 net zero target, the US’s 2050 net zero target, and India’s 2070 net zero target.
During the early wave of net zero commitments, most were simply political declarations of intent, with details on what the net zero targets meant in practice largely missing. For instance, governments did not specify to what extent they planned to reduce emissions by the target year compared to “neutralising” them through carbon dioxide removals.
This blog outlines our recent findings on how governments have improved their current planning on carbon dioxide removal — sometimes known as ‘negative emissions’ — to meet their net zero targets, and why this matters.