The net zero policy is not achieving emission reductions because it leads to the offshoring of manufacturing to countries with dirtier energy.

“our net zero policies measure territorial production emissions. By making our energy expensive, we're incentivizing offshoring of manufacturing. So, we could meet our target tomorrow by just shutting down all our manufacturing. But the result of that is global emissions go up.”

To achieve a 2050 net zero economy, the world must rapidly reduce greenhouse gas emissions through increased global ambition, innovation, and renewable energy deployment.

“We're at this most critical moment where we have a capacity to define the decade of the '20s, which will really make or break us in our ability to get to a 2050 net zero carbon economy. And so we all have to raise our ambition.”

Getting to net zero by 2050 is a necessary goal for preventing 1.5 degrees of warming.

“so let's it really reset all of our thinking to we've got to go for 1.5 degrees which means getting to zero by 2050”