Definition:
The reduction or elimination of carbon dioxide emissions through the use of low-carbon power sources and technologies.
Key Components:
- Renewable energy deployment
- Carbon capture and storage (CCS)
- Energy efficiency measures
Use Cases/Industries:
- Industrial manufacturing
- Transportation sector
- Power generation
Advantages:
- Mitigates climate change
- Improves air quality
- Encourages innovation in clean technology
Challenges:
- High costs of transitioning from fossil fuels
- Requires government and private sector cooperation
- Technological limitations in heavy industries
Related Terms:
Carbon Capture, Emissions Reduction, Energy Transition
Example:
The Paris Agreement aims to accelerate global decarbonization efforts to limit global warming to below 2°C.
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Synonyms:
Carbon Reduction, Low-Carbon Transition, Net-Zero Strategy
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