Overall dipole moment = 0
The overall dipole moment of a molecule
is the sum of its bond dipoles. In CO2 the
bond dipoles are equal in magnitude but
exactly opposite each other. The overall
dipole moment is zero.
In H2O the bond dipoles are also equal in
magnitude but do not exactly oppose each
other. The molecule has a nonzero overall
dipole moment.
Brown, LeMay, Bursten, Chemistry The Central Science, 2000, page 315