Our new study examined that question. Alarmingly, we found reaching net-zero in the next few decades will not bring an immediate end to the global heating problem. Earth's climate will change for many centuries to come.
And this continuing climate change will not be evenly spread. Australia would keep warming more than almost any other land area. For example, if net-zero emissions are reached by 2060, the Australian city of Melbourne is still predicted to warm by 1°C after that point.
But that's not to say the world shouldn't push to reach net-zero emissions as quickly as possible. The sooner we get there, the less damaging change the planet will experience in the long run.
Reaching net-zero is vital
Global greenhouse gas emissions hit record highs in 2023. At the same time, Earth experienced its hottest year.
Analysis suggests emissions may peak in the next couple of years then start to fall. But as long as emissions remain substantial, the planet will keep warming.
Most of the world's nations, including Australia, have signed up to the Paris climate agreement. The deal aims to keep global warming well below 2°C, and requires major emitters to reach net-zero as soon as possible. Australia, along with many other nations, is aiming to reach the goal by 2050.
This story is from the November 01, 2024 edition of Business Standard.
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This story is from the November 01, 2024 edition of Business Standard.
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