The term ‘net-zero’ refers to the reduction of greenhouse gas emissions from human activities to as close to zero as possible, with any remaining emissions being re-absorbed by the oceans and forests.
Many nations and industries are working hard to reduce greenhouse gas emissions from their operations, so that together, humankind achieves net-zero by 2050.
Aside from the energy and transportation sectors, hydrocarbons are integral to a variety of critical industries including textiles, plastics, chemicals, pharmaceuticals, electronics, and construction. Therefore, hydrocarbons are expected to remain part of daily life for decades to come.
As we work towards reducing global dependency on hydrocarbon fuels for energy and transportation, it is imperative that, together, we make every effort to minimise emissions of greenhouse gases.