The infrastructure industry plays a unique role in the push for net zero. It is both part of the problem and a critical part of the solution.
Infrastructure, including the construction and operation of power plants, buildings and transportation, is responsible for more than 70 percent of global greenhouse gas (GHG) emissions, according to various reports. On the other hand, investment in the energy transition — replacing the burning of fossil fuels with clean, renewable-energy sources — is essential to advancing net-zero goals.
A decade ago, the Paris Agreement set a lofty goal to combat climate change by limiting the global temperature increase to 1.5 degrees Celsius above pre-industrial levels. To meet this goal, the world needs to reach net-zero emissions by 2050. Is the planet on track to reach that goal? The hard truth is no.
According to the United Nations, current national plans fall short of what is required. An important intermediate target is to re
