10 myths about net zero targets and carbon offsetting, busted

(Climate Home News, 11 Dec 2020) The idea of carbon offsetting, which underpins so-called net zero targets, is founded on a number of myths.

In many cases, offsetting relies on capturing carbon in vegetation and soils. Such capacity is however limited and is needed to store carbon dioxide that we have already emitted.

Assumptions of future technologies and targets decades ahead delay immediate action. Countries and corporations must shift focus from distant net zero targets to real emissions reductions now.

The impacts of the climate crisis are becoming increasingly severe, everywhere. We are experiencing heat waves, floods, droughts, forest fires and sea level rise as a result of global heating. The average global temperature is rising at an unprecedented rate, rapidly diminishing the prospect of keeping global warming below 1.5C and with increasing risks of crossing irreversible tipping points.

In the face of growing demands for action, many countries and companies are making promises and setting targets to reach “net zero” emissions or “carbon neutrality”. These often sound ambitious and may even give the impression that the world is awakening and ready to take on the climate crisis.

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Climate Home News, 11 Dec 2020: 10 myths about net zero targets and carbon offsetting, busted