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More than a third of the world’s largest companies now have net-zero targets, which generally means they have all committed to cutting emissions in half by about 2030 and then driving their net emissions to zero by 2050. The true climate impacts of these actions will depend on whether the reductions are additional and immediate or potentially in the future. It turns out that the problem of additionality is not limited to carbon offsets but is pervasive in the decarbonization space.