Net zero by 2050
Low Carbon was founded on the purpose of making a significant and lasting impact on Climate Change. As part of our vision, and in alignment with the Paris Climate Agreement, we believe it is critical to build scale and momentum in renewable energy generation to help reduce greenhouse gas emissions.
To maintain focus in our efforts, we have set ourselves the business goal of achieving net zero emissions by 2050.
What does net zero mean?
Net zero is the state in which greenhouse gas emissions resulting from human activity are neutral. In effect, net zero means balancing any emissions with measures to offset an equivalent amount of greenhouse gases from the atmosphere, such as renewable energy generation, planting trees or using technology like carbon capture and storage.
Achieving net zero is an important and realistic target for all businesses and the economy as a whole. By aiming for net zero emissions of carbon dioxide by 2050, and for all greenhouse gas emissions soon thereafter, we increase the chances of keeping temperature rises below 2˚C as outlined by the Paris Agreement.
While business has a crucial role to play in the pursuit of net zero future, households and the public sector also have a key role to play in urgently reducing their carbon emissions. The UK government was the first major economy in the world to pass laws to end its contribution to global warming by 2050. The target will require the UK to bring all greenhouse gas emissions to net zero by 2050 and is one that was recommended by the Committee on Climate Change, the UK’s independent climate advisory body.