Study: G7 Corporate Emissions Fall Short Of Targets

    Image copyright: File Photo [via Reuters]

    The Facts

    • According to a recent study, greenhouse gas emission targets made by corporations from G7 economies fail to meet the 2015 Paris Climate Agreement objectives, which saw G7 countries agree to pursue efforts to ensure the planet doesn't warm beyond 1.5°C.

    • Analysis of pledges made by companies from the US, UK, Canada, Germany, France, Italy, and Japan, show that even if their self-imposed targets are met, the planet's temperature would still rise above 2.5°C.

    The Spin

    Narrative A

    The G7 countries, which account for 25% of the world's carbon emissions and almost 40% of the global economy, have a responsibility to properly address the increasingly catastrophic impact of the climate crisis. There needs to be a push for legally binding targets to ensure they're met and hold these countries accountable.

    Narrative B

    While addressing global warming is important, equally as paramount is setting realistic goals. Unfortunately, the 2015 Paris Agreement doesn't do this. Reaching the targets outlined in the climate agreement would require technology that doesn't even exist yet; it's no wonder G7 countries are failing to meet the objectives.

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