Phasing out the reliance on fossil fuel and the way forward

The continued consumption of coal, oil and gas in the world is driving global warming to dangerous levels.A report by the Greenpeace Networkan independent global group of environmental activists investigating, documenting and exposing the causes of environmental destruction illustrated that the need for a managed phase out of fossil fuel production is critical at the present point of time.

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The bad behavior of fossil fuel usage doesn’t stop with greenhouse gas emissions. Fossil fuel consumption is also responsible for significant air and water pollution globally. The burden of this pollution is borne most heavily by low-income and communities of color and by the fossil fuel industry's own workers.

The global need for phasing out fossil fuel consumption

Countries now cannot keep emitting as the world just stepped offset to balance it out. With radical cuts and a complete reshaping of the global economy, business models are heading towards Net Zero.

Net Zero a.k.a. Carbon Neutrality

Modern day global environmental science now demands that “net zero” greenhouse gas emissions by 2050 must be reached in order to stay below a global warming level of 1.5C.

Carbon neutrality is a state of net zero carbon dioxide emissions which can be globally achieved by ending the use of coal, oil and gas to the extent that there are dramatically reduced emissions of carbon dioxide together with the removal of it from the atmosphere. The term is used in the context of carbon dioxide-releasing processes associated with transport, energy production, agriculture, and industry.