Call to go for carbon-free energy means
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Industries should be provided incentives to adopt modern tools to get away with carbon, reported 24NewsHD TV channel.
Taking to Tweet, Novozymes, a leading global biotechnology company, penned that “Carbon pricing will make hidden costs of pollution visible”. It adds: “We need to close the competitive gap and incentivize fossil-based industries to shift toward more sustainable practices, e.g. by capturing and reusing carbon.”
Carbon pricing will make hidden costs of pollution visible. We need to close the competitive gap and incentivize fossil-based industries to shift toward more sustainable practices, e.g. by capturing and reusing carbon.
— Novozymes (@Novozymes) November 17, 2022
More: https://t.co/b5KCCa5Efw
#decarbonization #COP27 pic.twitter.com/fJ2iND4hVu
According to the Novozymes who also deals with climate change solutions, we need to reduce our global greenhouse gas emissions from the current 55 billion tonnes of CO2 a year to 8.5 billion tonnes of CO2 a year by 2050 if we are to reach the Paris agreement’s target of a maximum increase of 1.5 degrees? And that we need to achieve half of this reduction already by 2030. That’s just eight years away.
The good news is that these savings are achievable if we accelerate vital changes in how we produce and consume.
According to the Global Climate Risk Index, Pakistan is responsible for less than 1% of the world’s planet-warming gases, yet it is the eighth most vulnerable nation to the climate crisis. Pakistan is paying a hefty price, not only with lives but destroyed basic infrastructure including schools, homes, and bridges.
Pakistan sees consistently climate devastation in the forms of floods, monsoons, extensive droughts, and extreme heat waves.
As Pakistan struggles with the rising risks of floods and melting glaciers, it is crafting a plan to cut its planet-warming emissions under a new global climate deal.
Pakistan has focused on viable carbon-cutting policies including boosting renewable energy, cutting electric power loss during transmission, more efficient water uses in agriculture to reduce diesel-powered pumping, minimizing farm tillage to keep carbon in the soil, and using manure to generate biogas.