More companies setting 'net-zero' climate targets, but few have credible plans, report says

[rangerrebew]

More companies setting 'net-zero' climate targets, but few have credible plans, report says
Story by By FRANK JORDANS, Associated Press • Yesterday 6:52 PM

 
BONN, Germany (AP) — A growing number of companies are pledging to cut their greenhouse gas emissions to " net zero " as part of global efforts to tackle climate change, but that goal is rarely supported by a credible plan, according to a report published Monday.

The idea behind net zero is to stop adding planet-warming gas to the atmosphere, either by preventing the emissions in the first place or removing an equivalent amount through natural or technological means. Scientists say the world needs to reach net-zero emissions by 2050 to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) compared with pre-industrial times.
 
The net-zero goal has gained traction in recent years. While 149 countries have such targets, up from 124 in late 2020, the number of publicly listed corporations aiming for net zero increased from 417 to 929, according to the Net Zero Stocktake report compiled by experts from four independent research organizations.

https://www.msn.com/en-us/money/markets/more-companies-setting-net-zero-climate-targets-but-few-have-credible-plans-report-says/ar-AA1cq1Qt?ocid=msedgdhp&pc=U531&cvid=81ac92e69c254ab6b1f60f1d74c00265&ei=19

[rangerrebew]

Like Bud Light, Target, and Disney, all of whom are virtue signalers.

[Fishrrman]

It's all just "words on paper".
Nothing more.

In all likelihood, they will never become "anything more"...

[The_Reader_David]

Of course, they are, because having any sort of targets other than earning targets give the C-suite denizens more excuses to pay each other fat bonuses.  Net zero is a great one, since you can use the shareholder's money to buy "carbon offsets" then get paid a fat bonus for your "leadership" in meeting the company's net zero target.  (A similar analysis applies to DEI "targets".)

[Kamaji]

Of course, they are, because having any sort of targets other than earning targets give the C-suite denizens more excuses to pay each other fat bonuses.  Net zero is a great one, since you can use the shareholder's money to buy "carbon offsets" then get paid a fat bonus for your "leadership" in meeting the company's net zero target.  (A similar analysis applies to DEI "targets".)

[mountaineer]

Hermann Observer
@Clarsonimus
Jun 8
What do the Roman Warm Period (AD 100), the Dark Ages Cold Period (AD 650), the Medieval Warm Period (AD 1100) and the Little Ice Age (AD 1650) all have in common? They can have nothing to do with man-made CO2.