Decarbonization: Understanding Causes and Global Initiatives
Decarbonization has emerged as a critical global priority due to a combination of environmental, economic, and social factors. The urgency to transition toward Net Zero emissions is driven by:

Climate Crisis and Global Warming:

- Rising Global Temperatures: Human activities, particularly the burning of fossil fuels, have caused atmospheric CO₂ levels to rise to their highest levels in 800,000 years. This has resulted in an alarming increase in global temperatures, with devastating consequences for ecosystems, economies, and communities.

- Extreme Weather Events: The frequency and intensity of extreme weather—hurricanes, heatwaves, droughts, and floods—are increasing, leading to significant economic

 

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Regulatory Pressure and Policy Shifts:

- Rising Global Temperatures arbon Pricing Mechanisms: Carbon Pricing Mechanisms: : Human activities, particularly the burning of fossil fuels, have caused atmospheric CO₂ levels to rise to their highest levels in 800,000 years. This has resulted in an alarming increase in global temperatures, with devastating consequences for ecosystems, economies, and communities.

- Extreme Weather Events: The frequency and intensity of extreme weather—hurricanes, heatwaves, droughts, and floods—are increasing, leading to significant economic

and humanitarian costs.

- The Paris Agreement: Adopted in 2015, this landmark international treaty aims to limit global warming to well below 2°C, preferably 1.5°C, compared to pre-industrial

levels. Decarbonization is essential to achieving this goal.