BUSINESS STANDARD

APLN Member Shyam Saran provides insight on Global Emissions and the Panchamrita pledge.

“Before assessing the significance of Prime Minister Narendra Modi’s five-point Panchamrita pledge at Glasgow, some key elements in the current discourse on climate change should be clarified. Countries are being asked to sign on to a net zero emissions target by 2050. The term “net zero emissions” is a balance sheet concept.

Global emissions need not fall to zero by 2050. They could conceivably keep rising as long as enough negative emissions in the shape of “carbon sinks” are somehow rolled out to exactly balance the plus side of the balance sheet.”

The full article can be viewed here (paywall).

Image: Wikimedia Commons