Article X1H4 Where’s the science? Businesses aren’t setting the right climate targets to make a difference

Where’s the science? Businesses aren’t setting the right climate targets to make a difference

by
Marc Gunther
from on (#X1H4)

Can the Science Based Targets initiative push companies to do better when it comes to meeting greenhouse gas emissions targets?

As the UN climate meetings in Paris come to an end this week, diplomats from around the world are under pressure to reach an agreement that would reflect the plans they presented to cut their countries' greenhouse gas emissions. These voluntary plans include targets and starting points set by each government. The US vows to cut emissions by 26% below 2005 levels by 2025; the EU by 40% below 1990 levels by 2030; and China will starting reducing in 2030.

If this sounds familiar, it should: big companies have been promising to cut their carbon output for a decade or more, setting targets and timelines of their own choosing.

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