1. Climate Crisis and The Us Inflation Reduction Act: It is no a secret anymore that the US had not taken any palpable action needed to condense its carbon dioxide (CO2) emissions in order to meet the targets committed under the Paris Agreement, until the Inflation Reduction Act (IRA) was signed into law on August 16, 2022. The objective of the Act is to bring down consumer energy costs, increase American energy security, while substantially reducing CO2 emissions which represents the single biggest climate investment in US history, by far.
  2. Canada’s Vow to Net-Zero Emissions: In conformity with the Inter-Governmental Panel for Climate Change (IPCC), human activities are estimated to have caused approximately 1.0°C of global warming above pre-industrial levels, with a likely range of 0.8°C to 1.2°C. Global warming is likely to reach 1.5°C between 2030 and 2052 if it continues to increase at this current rate and this prophecy is supported by environmental scientists around 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;
  4. Net-Zero Emissions – Energy Section: The Earth has been heating up since the 19th century, according to data from NASA.  Since the year 2000, this trend seems to have accelerated and 2020 is predicted to be the hottest year on record. If the heating continues unchecked, it could have a devastating impact on the planet, causing food shortages, raising sea levels and sparking extreme weather; and
  5. Net-Zero Emissions – Steel: China is the world’s largest crude steel producing country, accounting for over half of the world’s production as of 2019. In August 2020, China had produced around 93 million metric tonnes of crude steel.