IPCC report Global Warming of 1.5°C.
                                  Credit: IPCC

NZ2050 is an acronym for the Net Zero by 2050. (The term Net Zero by 2050 comes from the IPCC report Global Warming of 1.5°C.) Many organizations and companies have committed to a net zero program in which they will not emit greenhouse gases by a certain date. The year 2050 is often selected based on the IPCC report. Hence the acronym NZ2050.

An Energy Evaluation System

At the heart of any Net Zero program lies the decision as to which alternative energy sources to adopt. We cannot continue to rely on hydrocarbon fuels — coal, natural gas and crude oil — because they generate greenhouse gases, and because they are being irreversibly depleted.