Given below are two statements

Statement I: To address the problem of climate change it is essential for the world to have 'Net Zero' carbon emissions by the year 2050.

Statement II: There is zero carbon emission associated with the production of gray hydrogen.

In light of the above statements, choose the correct answer from the options given below:

1
Both Statement I and Statement II are true.
2
Both Statement I and Statement II are false.
3
Statement I is true but Statement II is false.
4
Statement I is false but Statement II is true.

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