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Net Zero: What does it even mean? Webinar presentation by Josh Bullard May 2020

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Page 1: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

Net Zero: What does it even mean?Webinar presentation by Josh Bullard

May 2020

Page 2: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

YOUR PRESENTER

JOSH BULLARD

Director – Smart Energy and Sustainability

CONTACT

07880 540684

[email protected]

Page 3: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

H Y D R O C K I S A M U LT I - D I S C I P L I N A R Y E N G I N E E R I N G D E S I G N C O N S U LTA N C Y.

We have over 450 staff operating from 17 UK offices including Manchester, London, Birmingham, Bristol, Cardiff, Glasgow and Leeds.

Page 4: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

TRANSPORTATIONSERVICES STRUCTURAL ENGINEERING GEOTECHNICS

INFRASTRUCTURE& CIVILS LAND QUALITY

NUCLEAR MANAGEMENTCONSULTANCY

ENVIRONMENTAL FLOOD RISK

PROGRAMME DELIVERY

SMART ENERGY &

SUSTAINABILITYENERGY STORAGE

MASTERPLANNING UTILITIES

LIFECYCLE LCA / LCC

CLIMATECHANGE

BPE (M&E) FIRE ACOUSTICS &AIR QUALITY

RENEWABLES LZC

DECARB-ONISATION

Page 5: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

OUR ENERGY WEBINARS• Net zero - what does it even mean?• The route map to net zero -21 May• Funding net zero: the opportunities

- 27 May• The global climate emergency vs.

the local planning system - 02 June

Page 6: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

CONTENTS• How did we get here? – Context and

challenge• How are we doing? – Progress to date• How do we measure carbon? – Scope

emissions• What is net zero? - Definitions• Green revolution? – Next steps

Page 7: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

H O W D I D W E G E T H E R E ?

Context and work to date

Page 8: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

CONTEXTUN Framework Convention on Climate Change

Kyoto Protocol -Agreement on emissions targets

The Climate Change Act – UK 80% reduction in CO2 emissions by 2050

Paris Agreement –limit global temperature rise to below 2°C

UK 100% reduction in CO2 emission by 2050 (Net Zero)

1992 1997 2008 2016 2019 2020

COP26 (postponed)

N ET ZERO GREEN HO USE GAS EMI SSIONS:

UK

Scotland

Wales

2050

2045

95% BY 2050

Page 9: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

SCALE OF THE CHALLENGE

2050 (True Net Zero)

Page 10: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

H O W A R E W E D O I N G ?

Progress to date

Page 11: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

PROGRESS TO DATE

Page 12: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

SEIZING THE OPPORTUNITY

Page 13: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

LOCAL AUTHORITIES• 274 (67%) have now declared a Climate

Emergency• Majority have chosen more ambitious

target of 2030 • Make a commitment for the Council’s

operations and activities to be carbon neutral by 2030

• Seek to identify and offset remainder of authority… ‘where viable’

• Some like Bristol and GMCA have substantive and well formed strategies now being deployed

• Most do not have a “real” plan yet…

Page 14: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

H O W D O W E M E A S U R E C A R B O N ?

Scope emissions and carbon inventory

Page 15: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

SCOPE EMISSIONS

• National: Standard industrial classification of economic activities (SIC)

• Corporate accounting: Greenhouse gas protocol (Scope 1-3)

Page 16: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

LAST RESORTS (OFFSETTING & CARBON SINKS)

Page 17: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

W H AT I S N E T Z E R O ?

Corporate accounting

Page 18: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

CORPORATE ACCOUNTING• No common agreed definition of net

zero for corporate accounting• SECR regulations (Scope 1 and 2)• Science Based Targets Initiative • Working definition (Net Zero):

Page 19: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

“Achieving a state in which the activities within the value chain of a company result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions, in line with 1.5°C pathways, and by balancing the impact of any remaining greenhouse gas emissions with an appropriate amount of carbon removals”

(CDP SBTI, 2019)

Page 20: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

CORPORATE ACCOUNTING‘CARBON NEUTRAL’

• PAS 2060 –Requires carbon reduction plan but no specific level of ambition. Allows offsetting.

‘NET ZERO’• Requires reduction aligned to 1.5degC

science based target. Only allows certain forms of offsetting in certain instances.

Work still to do:

• Develop a prescriptive approach • Physical boundaries

• Accounting boundaries

Page 21: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

“A net zero company will set and pursue an ambitious 1.5°C aligned science-based target for its full value-chain emissions. Any remaining hard-to-decarbonise emissions can be compensated using certified greenhouse gas removal.”

(CARBON TRUST, 2019)

Page 22: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

W H AT I S N E T Z E R O ?

Building design

Page 23: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

NET ZERO BUILDINGS

• Buildings account for 40% of GHG emissions

• 100% of buildings must be net zero by 2050

• 80% of the existing stock will still be in place by 2050

Page 24: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

NET ZERO FRAMEWORK

1. Construction2. Operational energy3. Whole life (definition

underway)

Page 25: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

Approved Document Part L

Page 26: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

BS EN 15804

Page 27: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,
Page 28: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

G R E E N R E V O L U T I O N ?

Next steps and UK as a leader

Page 29: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

UK AS A LEADER• All party consensus for Net Zero• 2050 is a binding legal target• Don’t get left behind / the new normal • 1-2% of GDP investment to meet goals

Page 30: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

“Like COVID-19, climate change does not respect borders”

LORD DEBEN, CHAIR, CCC

Page 31: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

• Resource and energy efficiency• Extensive electrification (transport and heat)

• Uplift in capacity for renewable generation (3x)• Energy storage to underpin embedded generation (6x)• EV and high speed electrified rail

• Key technologies to mitigate harder sectors: carbon capture and storage, hydrogen and nuclear (small modular reactors)?

• Changes in the way we farm • Sequestration and biomass production• Emphasis on healthier diets• Tree planting, energy crops and peatland restoration.

• Our next seminar looks at key policy to help drive this.

WHAT DOES NET ZERO UK LOOK LIKE?

Page 32: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,
Page 33: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

Q & A T I M E

Please use the question box to type your questions, starting with your name and who you work for.

Page 34: Net Zero: What does it even mean? - Hydrockcompany result in no net impact on the climate from greenhouse gas emissions. This is achieved by reducing value chain greenhouse gas emissions,

L O C A T I O N S

BRISTOL BIRMINGHAM

CARDIFF CAMBORNE

GLASGOW GLOUCESTER

LONDON MANCHESTER

NORTHAMPTON PLYMOUTH

SOUTHAMPTON STOKE-ON-TRENT

TAUNTONWETHERBY