Final answer:
The practice of a firm producing net zero emissions of greenhouse gases is called 'net zero,' which means balancing emitted and offset carbon to achieve zero emissions. Companies and industries are adopting various measures, such as using renewable energy sources, promoting reforestation, and developing carbon capture technologies to reach this goal.
Step-by-step explanation:
The practice of a firm producing net zero emissions of greenhouse gases is called achieving a state of 'net zero' carbon emissions. This indicates that the company is balancing the amount of carbon it emits with an equivalent amount sequestered or offset, with the ultimate goal of reducing its carbon footprint to zero. Achieving net zero emissions involves a combination of reducing current carbon emissions through efficiency and renewable energy sources, as well as implementing practices like reforestation and investing in technologies such as direct air capture and carbon capture to remove carbon dioxide from the atmosphere.
It is important to note that efforts to reach net zero are necessary to stabilize the climate and are supported by various recommendations from authoritative bodies like the US Environmental Protection Agency, which emphasize the role of alternative energy sources and carbon reduction technologies. Companies like Walmart have announced ambitious goals to operate with zero emissions by implementing renewable energy and electric vehicles. Furthermore, industries including architecture and construction are adapting to the demand for net-positive houses, which aim to produce more energy than they consume.