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Net Zero by 2050 – GLOBAL HEADWINDS

Global Headwinds aims to provide insight into today's changing global political environment, which has evolved from a unipolar world at the turn of the century to one with several power centres. In addition to confusing the whole population, this dynamic geopolitical labyrinth poses difficult obstacles for geopolitics academics and students. Our mission at Global Headwinds is to decipher this geopolitical labyrinth and reveal the numerous forces influencing the modern globe.<br>

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Net Zero by 2050 – GLOBAL HEADWINDS

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  1. Net Zero by 2050 – Hurdles to a Distant Dream

  2. ABOUT GLOBAL HEADWINDS Global Headwinds aims to shed light on today's evolving global political landscape, which has transitioned from a unipolar world at the turn of the century to one with multiple power centres. This constantly shifting geopolitical maze not only perplexes the global community but also presents formidable challenges to students and scholars of geopolitics. Global Headwinds aim to unravel this geopolitical maze, shedding light on the myriad factors shaping our world today. Founded by Indranil Sarkar, a seasoned expert in international relations and strategic affairs, Global Headwinds fosters a culture of insightful discourse and critical thinking. Indranil's extensive experience ensures our articles are not just informative but also thought-provoking, aiming to empower readers with nuanced perspectives.

  3. INTRODUCTION The Net Zero concept is an initiative aimed at mitigating further environmental damage by rapidly reducing global greenhouse gas emissions. This is achieved through a dual approach: transitioning to renewable energy sources and leveraging Carbon Capture, Utilization, and Storage (CCUS) technologies to prevent emitted carbon from escaping into the atmosphere. Unlike the more stringent Zero Carbon Emissions goal, which requires absolute nil carbon emission, Net Zero is considered more feasible and realistic by experts. In the Net Zero scenario, emitted carbon is captured and utilized, effectively balancing out the emissions.

  4. Key Points on the Net Zero Concept: • Objective: Net Zero aims to mitigate environmental damage by reducing global greenhouse gas emissions through renewable energy and Carbon Capture, Utilization, and Storage (CCUS). • Feasibility: Net Zero is seen as more realistic compared to Zero Carbon Emissions, allowing for some emissions that are balanced by capturing and utilizing carbon. • Analogy: The concept is akin to a balanced water basin, where emissions are offset to maintain a neutral carbon footprint. • Paris Agreement Goals: Achieve a 45% reduction in carbon emissions by 2030 and Net Zero by 2050 to limit global warming to 1.5°C. • Energy Transition: Achieving Net Zero requires significant increases in renewable energy, nuclear power, and CCUS technologies. • Challenges: The transition demands technological transformation and faces politico-economic complexities, especially in third-world countries.

  5. Key Points on the Net Zero Concept: • Automobile Industry Impact: The shift to electric vehicles (EVs) is underway, but challenges like high costs and limited battery range persist, especially in developing nations. • Military Reliance on Oil: Battery technology's limitations keep the military dependent on oil for high-performance engines. • Cost of CCUS: Integrating CCUS into energy production increases costs, raising concerns about affordability for third-world countries. • Investment Needs: Emerging economies need substantial investment, estimated at $2 trillion annually by 2030, with private sector involvement crucial. • Fossil Fuel Resistance: The fossil fuel industry's influence and geopolitical interests pose obstacles to achieving Net Zero. • Global Cooperation: Collective political will is essential to combat climate change and achieve a sustainable future.

  6. PARIS AGREEMENT To combat climate change, the Paris Agreement sets ambitious targets: reducing carbon emissions by 45% by 2030 and achieving Net Zero emissions by 2050. Meeting these deadlines is crucial to limiting global warming to 1.5 degrees Celsius. According to Bloomberg data, experts have outlined a roadmap to reach this goal, taking into account the projected global energy demands over the next 26 years. This requires a fourfold increase in electricity production, with renewable energy sources tripling, nuclear energy doubling, and battery storage technologies growing by a remarkable 100- fold. Additionally, electricity generated from fossil fuels with Carbon Capture, Utilization, and Storage (CCUS) technologies must expand from scratch to over 200 Gigawatts.

  7. OTHER ANALYSES OF GLOBAL HEADWINDS

  8. CONTACTS WhatsApp +91-8272961169 Email Address info@globalheadwinds.com Location Kolkata - W.B., India 700019 Website https://globalheadwinds.com/

  9. SOCIAL SITES https://www.facebook.com/profile.php?id=61560753075739 https://www.instagram.com/global_head_winds/ https://www.youtube.com/channel/UCP1uGQjIg4kEzrTRHSu9HZg

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