Where Are We At: UK’s Latest Stand On Net Zero

Net Zero 15th May 2024

We always hear the phrase “zero to hero” but this time what if going back to zero would make you the better hero?

When it comes to reducing our carbon emissions and looking after our environment better – zero is exactly where we want to be.

What is Net Zero?

In response to the growing recognition to address the changing climate of the world, a number of different entities and organisations like governments, international organisations, local authorities, businesses, and environmental groups have had a single goal to rectify this issue – reduce carbon emissions to zero. It’s because of this that the concept of having a ‘net zero’ plan has emerged.

Net zero is the context of achieving net zero carbon emissions. It is about finding the in-between balance of the amount of greenhouse gases emitted into the atmosphere and what is removed from it. To be able to limit global warming to the hit mark of 2 degrees Celsius it is considered crucial to be able to achieve zero net emissions.

This is a good vision but needs to be implemented very strategically as there is no easy route towards a better-looking future for the environment. This plan requires great changes in all sectors that involve embracing renewable energy sources and efficiency, implementing sustainable land use practices, transitioning to electric vehicles, and implementing sustainable land use practices.

Where are the UK at with Net Zero?

Net Zero by 2050: A Roadmap for the Global Energy Sector was published back in 2021 by the International Energy Agency (IEA) which has changed the energy industry ever since.

Some of the major shifts that have happened following the plans that were set a few years ago have some updates.

• The goal to transform the global energy system in line of 1.5 °C is narrowed down and going strong.
• Global carbon dioxide (CO2) emissions from the energy sector reached a new record high of 37 billion tonnes (Gt) in 2022.
• Installations of solar PV systems and the use of electric cars have been rampant in the past 2 years after the 2021 Net Zero by 2050 report.
• We now deliver 80% of the emissions reductions needed in 2030 by improving energy efficiency, expanding renewables, and cutting methane emissions.

But what else?

Besides the heroic plan of Net Zero which is a long-term goal for many companies, this alone is not the only thing that you could do to be able to save the environment. You can always opt to take on other smaller-scale plans that your energy retailers and distributors might already be offering.

But how are you able to check these out of all the options in the market?

How can you possibly be able to make sure that you have the best options suitable for your needs and your budget?

Easy, you can always check with energy management consultants who provide expert advice and services to organisations seeking to optimise their energy usage, reduce costs, and improve sustainability. They play a crucial role in navigating the complexities of energy usage leading to cost-efficient results.

If you’d like to have a informal, no obligation chat about net zero and business energy insights , reach out to our consultants.

References:
https://www.deloitte.com/na/en/services/risk-advisory/blogs/addressing-net-zero-carbon-emission-goals.html
https://www.un.org/en/climatechange/net-zero-coalition
https://www.iea.org/events/net-zero-roadmap-a-global-pathway-to-keep-the-1-5-c-goal-in-reach-2023-update
https://www.iea.org/reports/net-zero-roadmap-a-global-pathway-to-keep-the-15-0c-goal-in-reach/executive-summary