Why ‘Carbon Neutral’ Is the New Climate Change Mantra

By: Jeremy Hodges
Dec 19, 2019 3:20 PM ET

Originally posted on the Bloomberg Terminal

The industrialized world has been spewing carbon dioxide and other greenhouse gases faster than they can be contained for centuries. Climate change, and the increasing frustration of citizens about the inadequate response, is pushing countries to take action, or at least say they will. Becoming carbon neutral — also known as climate-neutral or net zero — is now a legal requirement in some countries, while European authorities are preparing legislation to become the first net zero continent. Even oil companies are getting in on the act.

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