NET-ZERO EMISSIONS

  1. Net-Zero Carbon Emissions – Energy Sector: According to the Global Energy Review 2020, published by the International Energy Agency (IEA) in April, 2020, Global energy demand declined by 3.8 percent in the first quarter of 2020, with most of the impact felt in March as confinement measures related to the COVID-19 pandemic, were enforced in Europe, North America and elsewhere;
  2. Net-Zero Emissions – Steel: The world produces a massive amount of steel every year – Over 240 kilos for every single person in the world which is enough to build an Eiffel Tower every 3 minutes.  That’s 180,000 Eiffel Towers in one year.  Side by side they would go from Paris to New York three and a half times.  However, the environmental impact of steel is enormous.  Steel production is one of the most energy-consuming and carbon dioxide (CO2) emitting industrial activities in the world;
  3. Net Zero Emissions: As a direct impact of the COVID-19 pandemic on human activity, the decease of 8.8 percent in global carbon dioxide (CO2) emissions (−1551 Mt CO2) in the first half of 2020 compared to the same period in 2019, was indeed a good news. The magnitude of this decrease was larger than during previous economic downturns or World War II.