Post by EnergyTag

SBTi’s newly released Corporate Net-Zero Standard officially walks away from science to favor corporate convenience. Here is why their new "best-efforts" rules fail the climate:  ➡️ The Targeting Hypocrisy: SBTi claims markets aren't ready for hourly tracking, yet their new rules explicitly require hourly accounting disclosure. They are openly admitting that hourly data is available and accessible, but they’re failing to enforce actual targets against it.  ➡️ Ignoring the science: Major institutions—including Princeton, TU Denmark, and EPRI—have published peer-reviewed research showing that annual matching has minimal impact on long-term emissions, and that hourly, local, and new clean power matching is the only way to drive deep decarbonization. SBTi’s own analysis of public feedback shows that they removed the rules based on a narrow margin of opposition, not the substance of the science.  ➡️ "Solar at Night": SBTi is authorizing companies to claim net-zero despite powering data centers with fossil fuels by  at 2:00 AM, and erasing those emissions with excess solar credits bought at noon.  By protecting corporate convenience over climate physics, SBTi is risking cementing its permanent irrelevance. We must keep the science in the Science-Based Targets initiative. See what Alex Piper, who is on the working group for SBTi, has to say about the update below: #SBTi