Master Stroke: Climate Change

Article number : 32 Number of words: 399

Climate change is a serious issue we do understand this, but the question as individual what role are we playing to reduce it. Net zero emission i feel is a right way ahead which would make us make aware decisions. We are custodian and will handover the nature to next generation and for sure we are doing a bad job in preserving the nature.

Around the world more than 60 countries and 100 cities have adopted, or promised to adopt, targets that will take them to net zero, typically by around 2050.

What is Net Zero Emmission?

Net-zero is doing away with fossil fuels and other sources of emissions wherever possible. every ton of CO2 we do emit must be matched by a ton that we remove from the atmosphere.

They exclude the carbon that is related to goods consumed but included where it is produced. For E.g. When a Briton buys a smartphone made in a Chinese factory that is powered by a coal plant the carbon emitted in its manufacture does not count as “British” carbon emission.

The world needs to shift towards goods that have a cleaner footprint, regardless of where they are produced. That will require manufacturing hubs to shift away from dirty sources of fuel such as coal, and fewer goods to be transported by air

  • To set the context and intensity of the problem let me give you some more examples
  • Purdue’s data show that cars and car parts exported by China are responsible for nine times more CO2 per dollar than those exported by Germany.
  • Mathieu Poitrat Rachmaninoff, an analyst at Newton Investment Management, notes that on average about half of the lifetime emissions from an electric vehicle come from making the battery. A medium-sized battery made in renewables-rich Sweden emits around 350kg of CO2. For coal-reliant Poland, that figure is over eight tonnes.
  • Mike Berners-Lee of Lancaster University points out that a British apple bought in June has typically been in chilled storage for nine months. Keeping it cool for that long emits about as much carbon as shipping an apple from New Zealand.

According to figures from the British government, the carbon emissions caused by transporting a given weight by air are about 70 times greater than if it had been shipped. That means sectors reliant on timely delivery, such as fast fashion, are particularly environmentally unfriendly.

In near future consumers would consider the carbon footprint of what they buy. But if climate change is to be tackled, countries and consumers must take full responsibility for their carbon. Imagine with time it is possible that consumers would not only check for the price for the product but would also check for the carbon prints. Buying decision could be influenced because of this.

In the long run the only answer is for all economies, including manufacturing-heavy ones, to shift towards cleaner sources of energy. This is a right way ahead and help in making a better and responsible place.

References : Economist Newspaper

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