Governing Net-Zero Emissions Targets

As net zero carbon targets become commonplace, strong governance will be needed to ensure climate benefits.--- This is the second episode in a three-part series exploring governance challenges surrounding the transition to clean energy. In recent years a flood of net zero emissions targets have been set by companies, municipalities, and countries around the world. In fact, over-two thirds of the global economy is now covered by net zero targets that aim to zero out greenhouse gas emissions and slow and ideally halt the process of climate change. Yet, while the quantity of net zero targets has multiplied, the quality of many of these targets is questionable. Many targets are voluntary and, too frequently, not subject to reliable oversight. At the same time, political realities can present steep hurdles to governments that might seek to establish robust, enforceable net zero targets at the national level. Thomas Hale, associate professor in global public policy at the University of Oxford discusses the need for strong governance structures to ensure that net zero targets deliver the carbon neutrality that they promise. Hale explores what, exactly, constitutes a robust net zero target, governance frameworks for credible and enforceable targets and the hurdles, political and otherwise, to achieving robust governance. Thomas Hale is an associate professor in global public policy at the University of Oxford and visiting scholar at the Kleinman Center for Energy Policy. His work focuses on the management of transnational problems, with a focus on environmental, economic and health issues. Related Content Net-Zero Nevada: From Pledge to Action https://kleinmanenergy.upenn.edu/research/publications/net-zero-nevada-from-pledge-to-action/  Guidelines for Successful, Sustainable Nature-Based Solutions https://kleinmanenergy.upenn.edu/research/publications/guidelines-for-successful-sustainable-nature-based-solutions/  For Solar Geoengineering, Daunting Policy Questions Await https://kleinmanenergy.upenn.edu/podcast/for-solar-geoengineering-daunting-policy-questions-await/  Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.eduSee omnystudio.com/listener for privacy information.