25 of the largest companies globally pledged emission reductions as part of the 2016 UN Sustainable Development Goals. However, a report conducted last year by NewClimate Institute suggests they will only aim to achieve a target of 40% emission reduction, far from claims to achieve net zero or 100% carbon neutrality.
The scoop: China made an announcement to the UN with plans to go carbon neutral by 2060.
What to know:
- China is the number one carbon emitter in the world, with more carbon emissions thn the US and Europe combined.
- China is still investing heavily in coal-powered plants through 2020, de-legitimizing the carbon pledge.
- The UN took the pledge very seriously, indicating its unwillingness to criticize Chinese climate policy.
Bottom line: China’s carbon pledge is smoke and mirrors. The announcement comes weeks before a major US election when voters are antsy. The United Nations needs to focus on human rights efforts, not tweeting celebration emojis for empty words.
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