NET ZERO IN THE ECONOMY

Net zero means that we are transforming our society in such a way that hardly any greenhouse gases are emitted – either directly (in our own country/company) or indirectly (abroad/outside the company). To achieve this, technologies and production methods in all sectors of the economy must become more efficient. In addition, fossil fuels must be replaced by renewable energies and alternative fuels. Residual emissions that are difficult to avoid must be offset by removing CO₂ from the atmosphere using various methods (carbon dioxide removal, CDR).

The structural change required to achieve this demands high levels of investment and poses a major economic challenge – but at the same time it represents an opportunity for innovative companies to take a leading market position and avoid future costs resulting from climate-related damage.