Net zero definition

Net zero or carbon neutral means that any carbon emissions released are offset, either by providing an equivalent amount of carbon-free energy to the market, or by buying an equivalent number of offsets. In the case of electricity, ‘net zero’ could be achieved by sending to the grid a quantity of electricity with zero emissions equal to the quantity of electricity taken from the grid.

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Net zero means that the energy produced on-site over the period of a given year is equal to the installation’s energy demand. This implies a connection to a local power grid, which in a sense “banks” the energy. Thus on-site renewable resources, such as solar energy systems, may produce energy greater than that used by the installation during the day, with excess energy fed into the local grid. At night, when the solar system is not producing energy, the installation can pull the previously “banked” energy from the grid to net out the total consumption.

Net zero emissions means that the total of active removals from the atmosphere offsets any remaining emissions from the rest of the economy.”

Examples of Net zero in a sentence

Payment terms are Net zero days from the date the State receives an error-free invoice with all necessary and complete supporting documentation.
The ODC will support work needed to initiate and implement the delivery of the key priorities and strategies for the Freeport (Trade and Investment (including operationalising the customs sites), Regeneration and Levelling up (including securing HMG agreement to the tax sites and to support their delivery), Innovation (which includes the development of the Solent Freeport Green Growth Institute), Net zero and natural capital and Seed Capital programme delivery.
Net zero and environmental sustainability response: GCRB included the provision of a coherent Glasgow response to the climate emergency for the first time in the Outcome Agreement of 2020-2021.
Topic selection: Topics could include but are not limited to: ▪ Finance ▪ HR ▪ Sales and Marketing ▪ Adjusting to social distancing ▪ Business Model Innovation ▪ Change Management ▪ Embedding formal management processes and systems ▪ Digital (including adoption and implementation of technology, cyber security) ▪ Use of data to drive value in the business ▪ EU transition ▪ Net zero.
Net zero energy (NZE) shall be as defined by the California Energy Commission and California Public Utilities Commission but applied to the Project as a whole.

More Definitions of Net zero

Net zero means any residual emissions from IAG operations in 2050, or by the manufacture and transport of goods supplied to the Group, will be mitigated by an equivalent amount of CO2 removed from the atmosphere via carbon removals.

Net zero means that globally, we reach a point at which CO2 sources equal CO2 sinks.

Net zero means that greenhouse gas (GHG) emissions produced are balanced by absorbing or removing an equivalent amount from the atmosphere. SBG interprets net zero as per the definition of the Intergovernmental Panel on Climate Change 1.5 °C pathways, and is dependent on the application of appropriate science-based modelling.

Net zero means a building that generates as much energy as it consumes on an annual basis;

Net zero means achieving overall, zero greenhouse gas emissions by balancing any emissions from energy use with carbon removal via a combination of reducing usage, changing to low or zero energy sources (i.e. renewable energy sources) changing agricultural and industrial processes and carbon offsetting.

Net zero as used herein means the Science-Based Targets Initiative (“SBTi”) net zero definition, from the SBTi net zero standard (https:// sciencebasedtargets.org/resources/files/Net-Zero-Standard.pdf) pursuant to which we are committed to (a) reducing our scope 1, 2 and 3 greenhouse gas (GHG) emissions to zero or a residual level consistent with a 1.5°C pathway and (b) will neutralise the impact of any residual emissions by permanently removing an equivalent volume of GHG emissions.

Net zero means that greenhouse gas emissions are reduced to the greatest extent possible, while