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T hree years ago, Canada enshrined its 2050 net-zero target into law. Bringing Canada’s greenhouse gas emissions to a level anywhere in the vicinity of zero, net or otherwise, in the next 30 years will require a radical departure from what we’ve seen the last three decades. Such an alignment is possible.
We have a plan: It is possible to power the world with affordable clean energy , so we are helping to digitize smart grids and smartbuildings. It is possible to design out waste , so we are re-building products from used ones. We believe that future is possible, and Cisco can help get us there.
Last year, Cisco set its “moonshot” goal: To reach netzero emissions by 2040. so that we can optimize resource efficiency in our manufacturing and logistics, in accordance with our goals for a circular economy. This is why we formed a new office within the engineering organization a few months back.
However, the reliance on traditional batteries poses significant environmental and logistical hurdles, driving the imperative for sustainable alternatives. With the IoT market forecasted to surpass US$1.6 trillion by 2025 , the demand for efficient power solutions has become increasingly pressing.
Signals of change in the netzero transition this week include the EU’s NetZero Industry Act and the Canadian logistics company embarking on a $1 billion vehicle fleet electrification. Interested in joining We Mean Business Coalition at Ceres Global in NYC next week? The country added 2.5 GW now installed.
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