THREAD: Net-zero emissions

What is the the different between zero & net-zero? CO₂ or GHG?

Does net-zero mean emissions continue but are offset by Carbon Dioxide Removal (CDR)? (no)

Based on a presentation: slideshare.net/GlenPeters_CIC…
2. First, why is "net-zero" needed in the first place?

Science shows that the temperature stops rising when CO₂ emissions reach (net-)zero.

There are non-CO₂ emissions, but they have a smaller (secondary) effect & declining emissions may be sufficient

cicero.oslo.no/no/posts/klima…
3. Zero emissions:

If we take a remaining carbon budget consistent with 1.5°C, then emissions need to drop rapidly. This curve converges to zero, there is no physical reason to have a straight line to zero.

(I took 580GtCO₂ from SR15 Table 2.2, not adjusted for time past)
4. Net-zero emissions

It is likely that it is not possible to avoid all CO₂ emissions, & some carbon dioxide removal (modest scale) may be used to balance continued CO₂ emissions.

Rapid-short term reductions still needed...
5. Net-zero & net-negative emissions

This is what most scenarios actually look like. They have large-scale CDR. The temperature exceeds 1.5°C & then comes back to 1.5°C later (I assumed 2100).

Net-zero is just on the path to net-negative...
6. As @KevinClimate will happily explain, there is trouble with negative emissions at this scale...
science.sciencemag.org/content/354/63…

While net-zero emissions could be justified (tweet 4), the problem is net-zero emissions is often just a step on the way to net-negative on steroids!
7. Coincidentally, @JoeriRogelj, @Oliver_Geden, @CowieAnnette, @ReisingerAndy had a nice commentary explaining how to fix net-zero targets.

It addresses many issues with net-zero targets, but net-zero is still on the way to large-scale net-negative!

nature.com/articles/d4158…
8. Large-scale net-negative emissions (& declining non-CO₂) mean that temperatures peak (around net-zero CO₂) & then temperature declines.

There is interesting science on the role of CO₂ & non-CO₂ in the declining temperature (but the GWP100 for non-CO₂ really does confuse)
9. The above scenario is illustrative, but we can take one that has much less CO₂ removal (the Low Energy Demand that was profiled in SR15).

While this scenario reaches net-zero CO₂ emissions, it does not reach net-zero GHGs before 2100 (as 'required' in the Paris Agreement).
10. Article 4 in the Paris Agreement ('balance' of GHG emissions by 2100) is not really necessary & seemingly based on scenarios with large-scale CO₂ removal?

The 'best available science' (Art. 4) would say a balance in GHG is not needed (but likely needed for CO₂ emissions)
11. It is well understood that net-zero CO₂ emissions occur 10-20 years before net-zero GHG emissions, & going from 1.5°C to <2°C makes net-zero about 20 years later (& even not necessary).

Emission metrics are important (& confusing) on net-zero GHGs. royalsocietypublishing.org/doi/full/10.10…
12. A big issue with net-zero is that it is misunderstood as just meaning tinkering with emissions while buying removals or offsets.

This is my extreme version of the consequences, but @JoeriRogelj et al explain these issues far, far better than I could nature.com/articles/d4158…
13. In my view, net-zero is okay, but we have to get out of this large-scale dominance of Carbon Dioxide Removal in scenarios.

Net-zero means:
1. Stop putting CO₂ in the atmosphere
2. As a last step, use CO₂ removal to clean up any remaining mess.
14. Check out my presentation
slideshare.net/GlenPeters_CIC…

And you should find a recording here soon klimastiftelsen.no

(NB: In the presentation I did not go into the weeds of large-scale CDR, that was only for Twitter!)

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More from @Peters_Glen

17 Mar
What is net-zero? Is it carbon neutral? CO₂ or GHG?

Did you know that 1.5°C scenarios reach net-zero CO₂ emissions around 2050, but net-zero GHG emissions around 2070?

1/
For a likely below 2°C scenario, the net-zero years are shifted back about 20 years.

In fact, many likely below 2°C scenarios don't require net-zero GHG emissions until after 2100.

2/
And why "net" and not just zero?

That is because it is hard to get all emissions completely to zero, & so some carbon dioxide removal is needed to clean up any remaining emissions.

The scale is important. How much CDR is possible?

3/
Read 6 tweets
16 Mar
IPCC AR5 WG3 (2014) had a figure showing the impact on mitigation costs of various technology restrictions (eg, no CCS).

It also compared lower energy demand (20–30% below baseline by 2050 & 35–45 % by 2100), first set of bars.

This 𝑟𝑒𝑑𝑢𝑐𝑒𝑑 mitigation costs by half.

1/
The 'low energy demand' analysis enforced a reduction on demand, but did not evaluate the costs (ie, mitigation costs of reduced demand are assumed zero).

This is the same as in newer studies
* LED: nature.com/articles/s4156…
* Alternative pathways: nature.com/articles/s4155…

2/
The (infamous) 'Low Energy Demand' scenario essentially combines two components, 'low energy demand' & 'no CCS'.

It also does really detailed analysis on the demand side, not just an arbitrary reduction (which is good).

nature.com/articles/s4156…

3/
Read 10 tweets
13 Mar
A new estimate of fossil CO₂ emissions in 2020 from @Carbon_Monitor, showing a decline in the full year of 5.4% (1900MtCO₂).

The dip was largest in the first COVID19 wave in ~April, but at the end of 2020, monthly emissions were similar to 2019.

1/

arxiv.org/abs/2103.02526
The analysis covers all major emitters
* China the only major nation with grow (+0.5%), with end-of-year monthly emissions exciting 2019 levels
* USA: Down 9.4%
* EU27+UK: Down 7.5%
* India: Down 8.1%

The COVID declines build on top of preexisting trends.

2/
Transport was the major driver of change:
* Ground transport was 37% of the decline
* International transport was 28%, despite representing 2-3% of global emissions

The power sector was 18% of the decline, but monthly emissions are already back to 2019 levels (globally).

3/
Read 5 tweets
4 Mar
THREAD: Is this time different?

Over 10 years ago we had the Global Financial Crisis (GFC), we discussed recovery funds & rebounds at length.

But 10 years later, the context is different. Pre-COVID growth in global CO₂ emissions was slowing…

nature.com/articles/s4155…
2. The GFC came after 10 years of strong growth. There was a 𝐦𝐚𝐬𝐬𝐢𝐯𝐞 5% rebound in 2010…

Then from around 2012 emissions growth started to slow. Could this GFC recovery funds, GFC after effects, climate policy working, ...? (we don't know)

rdcu.be/bOUaB
3. Comparing 2011-2015 with 2016-2019 (global stocktake), CO₂ emissions have
* Declined in 64 countries: -0.16GtCO₂/yr
* Increased in the remainder: 0.37GtCO₂/yr
* Net increase: 0.21GtCO₂/yr

But emission reductions need to ramp up to 1-2GtCO₂/yr 𝐞𝐯𝐞𝐫𝐲 𝐲𝐞𝐚𝐫...
Read 12 tweets
2 Mar
1. The @IEA is out with estimates of fossil energy CO₂ emissions for 2020:
* Primary energy down ~4%
* CO₂ emissions down 5.9% or 2GtCO₂
* Coal down 4%
* Oil down 8.6%

iea.org/articles/globa…
2. Our latest estimate (from yesterday) is 4.9% down. The main difference is in oil. Our method may not have picked up the drop in international bunkers. Time will tell...

3. The drop in monthly CO₂ emissions was greatest in April during the first COVID19 wave.

CO₂ emissions recovered throughout the year to end higher than levels in 2019, despite 2nd & 3rd & ... waves of COVID19.
Read 10 tweets
26 Feb
"The reason we’re net zero is that we have this enormous renewables business ... all the avoided emissions that come with that" compensate for emissions in other investments.

Houston, we have a problem... This from climate finance champion Carney.

1/

bloomberg.com/news/articles/…
2. "Most large asset managers have a renewable energy fund. Simply having one does not make you net zero. ... Such commitments are not credible & represent greenwashing" @bencaldecott
3. "It’s virtually impossible for a company to be a net-zero company now" @FarsanAlexander

"It won’t matter how many solar panels one installs if we don’t reduce actual CO₂ emissions." @UlfErlandsson
Read 6 tweets

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