Energy Executives Express Doubt Over Net-Zero Emissions Timeline

A new survey reveals a significant shift in sentiment among global energy and natural resources executives, with nearly half expressing doubt that net-zero emissions will be achieved before 2070. The findings suggest growing skepticism in the industry about the pace and feasibility of climate goals, particularly amid rising costs and mounting financial constraints.

The survey, conducted across leading multinational energy firms, indicates that optimism around achieving net-zero by mid-century—once a widely endorsed target—has weakened in recent months. Many respondents cited economic headwinds, including inflationary pressures and capital tightening, as critical barriers to continued investment in green technologies.

Executives also pointed to waning political momentum and inconsistent regulatory frameworks as additional hurdles. While governments have set ambitious targets, industry leaders warn that the lack of stable, long-term policy support is stalling investment and eroding confidence in the global climate agenda.

“The reality is that decarbonization on a massive scale requires sustained funding, coordinated action, and policy certainty. Right now, we’re missing key elements,” said one senior executive at a global energy conglomerate.

Despite the skepticism, some executives acknowledged that progress is still being made. Advancements in renewable energy, battery storage, and carbon capture technologies are continuing, albeit at a slower pace than previously forecasted. Many firms are now revisiting their internal targets, extending timelines, and prioritizing projects with immediate financial returns.

The findings come at a critical juncture for global climate efforts, with mounting pressure from stakeholders, regulators, and the public to stay on course toward emissions reduction. Whether the skepticism signals a temporary adjustment or a broader shift in industry expectations remains to be seen.

Analysts warn that if current trends persist, the world could fall dangerously short of the targets set under the Paris Agreement, potentially exacerbating the effects of climate change and delaying the transition to a low-carbon economy.