To halt global warming and save the planet, there’s no two ways about it – we need to reduce greenhouse gas emissions. In fact, we need to reach net zero – the point at which the total amount of greenhouse emissions released into the atmosphere is equal to or less than the amount of emissions we are able to remove from the atmosphere. In order to prevent the worst climate damages, net zero needs to be reached by 2050, and to make sure we’re on the right path, global emissions need to fall by 45% by 2030. But how are we going to make this happen? President Biden’s recently signed law, the Inflation Reduction Act, recognises something crucial: governments, businesses and industry need to work together to create rapid change. If we can restructure our economy in a way that prioritises our planet’s health, gives incentives to companies and individuals to choose the greener option, and does this with the support of governments, then we have the chance to create real positive change.
Corporations like Cummins are embracing this change to meet this historical moment. In partnership with Cummins, Intelligence Squared brought together experts Chris Greig, Lucy Yu and Jonathan Wood to discuss what we need to prioritise over the next few years to ensure that by 2030 we’ve dramatically reduced our emissions and greatly sped up the remaking of the American and global economy.
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