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February 15, 2021 Issues & Insights

What We’re Reading | Net Zero: Why is it Necessary?

Energy and Climate Intelligence Unit

Climate science is clear that to a close approximation, the eventual extent of global warming is proportional to the total amount of carbon dioxide that human activities add to the atmosphere.

So, in order to stabilise climate change, CO2 emissions need to fall to zero. The longer it takes to do so, the more the climate will change. Emissions of other greenhouse gases also need to be constrained. In the Paris Agreement, governments agreed to keep global warming ‘well below’ 2 degrees Celsius, and to ‘make efforts’ to keep it below 1.5ºC. The Intergovernmental Panel on Climate Change (IPCC) released a report in October 2018 on the 1.5ºC target; it concluded that global emissions need to reach net zero around mid-century to give a reasonable chance of limiting warming to 1.5ºC.

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Livestock Price Insurance Index

Expiry Fed Feeder Calf
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8-Apr-24 244 338 -
6-May-24 248 340 -
3-Jun-24 252 348 -
Last Updated on September 21, 2023