Swep: decarbonization and the future of energy

Net Zero Emissions 2050 and its effect on regulations, standards and incentives.

The Net Zero Emissions 2050 is being adopted by many countries and is aiming to keep emissions and the removal of carbon dioxide in balance. To keep global warming to no more than 1.5°C, as called for in the Paris Agreement, emissions need to be reduced by 45% by 2030 and reach net zero by 20501.