NetZero Emissions: Current Trends, Barriers, and Opportunities
DOI:
https://doi.org/10.36676/urr.v12.i2.1535Keywords:
NetZero emissions, Paris agreement, Climate change, low-carbon transition, greenhouses gases (GHGs), Clean energy, etc.Abstract
The Paris Agreement's goal of achieving net zero emissions to reduce the dangers of climate change seems to be becoming harder to meet as nations and economic sectors lag behind expectations. In this article, review various literature’s study on current trends, barriers, and opportunities in NetZero emissions. It concluded that achieving net-zero emissions requires carbon removal via afforestation, enhanced mineral weathering, and direct air capture, alongside emission reduction through energy efficiency and renewable energy. Rapidly urbanizing economies like India must optimize building stock and integrate renewables. Economic and knowledge barriers, including high costs, financial constraints, and lack of standardized valuation, hinder progress. Advancements in DC technology, energy storage, and digital innovations will shape the future, necessitating clear strategies and regulatory frameworks for widespread adoption and a successful low-carbon transition.
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