11.13.2024
Download Press Release

Five Myths about Decarbonization

Decarbonization is a critical journey for our planet, yet public perception often underestimates the complexity and urgency of this process. While many are optimistic about our progress, the reality is that we are not on track to meet the targets set by the Paris Agreement. Achieving meaningful decarbonization will require concerted efforts from all stakeholders, including consumers, to reduce energy consumption and enhance the availability of green energy. Here, we debunk five common myths surrounding decarbonization.

Myth 1: On a Global Scale We Are on Track to Meet Our Decarbonization Goals

A look at the UN Climate Change’s Global Stock Take in 2023 reveals a sobering truth: the national climate action plans submitted by countries under the Paris Agreement are insufficient. Current Nationally Determined Contributions (NDCs) would lead to only a 5.9% reduction in greenhouse gas (GHG) emissions by 2030, far short of the 42% reduction needed to keep global temperature rise below 1.5 degrees Celsius. This discrepancy highlights the urgent need for more ambitious targets and immediate action to address climate change effectively.

Myth 2: All Sustainability-Related Actions Contribute to Decarbonization

Many people conflate general sustainability initiatives—like reducing water consumption or increasing recycling—with efforts to lower greenhouse gas emissions. While such actions can have positive environmental impacts, they do not automatically lead to decarbonization. For example, desalination, a process aimed at alleviating water scarcity, is highly energy-intensive and primarily powered by fossil fuels. Therefore, without a careful assessment of their impacts, sustainability actions can inadvertently exacerbate carbon emissions rather than mitigate them.

Myth 3: Decarbonization Is Not the Responsibility of Consumer

Decarbonization is often seen as a challenge that only corporations and governments must tackle. However, consumers play a crucial role in this process as well. Although non-household entities account for nearly three-quarters of energy consumption, consumer demand drives the market for sustainable products and services. By educating themselves and prioritizing decarbonization in their choices, consumers can influence companies to adopt greener practices and push governments to implement supportive policies.

Myth 4: We Can Rely Solely on Carbon Offsetting to Decarbonize

While carbon offsetting methods, such as tree planting, can help mitigate residual emissions, they cannot replace the essential work of reducing energy consumption and sourcing cleaner energy. There are limits to how much carbon can be absorbed by trees, and with current human activity levels, we simply do not have enough land to sequester all emissions. For instance, based on typical emissions, if each American planted one tree per year, it would offset only about 3% of their annual carbon dioxide production, and only after 20 years. Relying solely on offsets is a dangerous oversimplification.

Myth 5: A Total Switch to Renewable Energy Now Will Help Us Achieve Decarbonization

Transitioning to renewable energy is indeed critical for decarbonization, but the current infrastructure is not equipped to support an immediate switch. Although we have the technology to create a fully sustainable energy system by 2050, we lack the necessary grid stability and energy storage solutions to make this transition viable today. Additionally, it’s essential to recognize that about one-third of global emissions come from sectors like agriculture, waste, and industrial processes—not just from fossil fuel combustion. Thus, simply switching to renewable energy will not eliminate all emission

The path to decarbonization is fraught with challenges and misconceptions. By addressing these myths—recognizing that we are not currently on track to meet our climate goals, understanding the complexities of sustainability, and acknowledging the shared responsibility of all stakeholders—we can foster a more realistic and effective approach to combating climate change. It is vital that we work together as corporates, brands, consumers and everyday citizens, informed by accurate information, to create the systemic changes necessary for a sustainable future. By embedding the concept of decarbonization into every aspect of our lives and decision-making processes, we can drive purpose-driven innovation that leads to meaningful progress. Collective efforts across all sectors of society will pave the way for a truly decarbonized world.

Perspectives