A new prize invites and supports early adopter cities, first in California, then throughout the U.S. and worldwide, with funding and social change expertise.
The question of whether carbon offsets actually help in the transition to a net zero economy is a thorny one for many companies. But many researchers insist that offsets don’t actually reduce carbon emissions and could make it harder to achieve a fully decarbonized economy.
To achieve its 2060 goal, China will need to utilize hydrogen, ammonia, electrification and biofuels. And even then it will still have 15 percent to go.
From a purely self-interested perspective, ecological collapse is just bad for business. Climate action also plays well with the public and employees, and the falling price of technologies make decarbonizing a smart financial move.
In a conversation with GreenBiz Executive Editor Joel Makower, Dow CEO Jim Fitterling details strategy for the company’s latest sustainability commitments — including being carbon neutral by 2050.