‘NET ZERO’ CARBON TARGETS

Aug. 4, 2021

Independent charitable organisation Oxfam has said that ‘net zero’ carbon targets that many countries have announced may be a “dangerous distraction” from the priority of cutting carbon emissions.

What the report says?

  • "Land-hungry ‘net zero’ schemes could force an 80 per cent rise in global food prices and more hunger while allowing rich nations and corporates to continue “dirty business-as-usual,” Oxfam has said in a new report titled “Tightening the Net”.

  • The report says that if the challenge of change is tackled only by way of planting more trees, then about 1.6 billion hectares of new forests would be required to remove the world’s excess carbon emissions by the year 2050.