Becoming socially and ecologically conscious in business is the way of the future. Promoting responsible energy and resource consumption by implementing clean energy practices can make businesses stand out amongst competitors. Tracking and limiting use can be difficult, but companies who implement practices and tools to improve their habits will lead the way in energy accountability.
Today, electricity generation is the second leading cause of air pollution in the U.S. Most electricity comes from traditional sources. Fossil fuels have been running the show for a long time, but they are not going to be around much longer. Fossil fuels are polluting energy sources that are decreasing in abundance.
As climate change intensifies, countries need to pursue clean energy economies and investments need to be made into viable alternatives to fossil fuels. As countries make the change to clean energy economies to mitigate climate change, research into sustainable alternatives to fossil fuels has exploded.
Despite the need for urgent action on climate change, local governments, larger investment funds, and nonprofits that back climate action invest billions in fossil fuel companies. People have the right to know how their savings, the companies they buy from, and their charitable giving perpetuate dependency on fossil fuels when we should be transitioning away from them.
In the developing world and underserved communities access to renewable energy is limited. Although low cost solutions do exist, they are often flimsy and break, creating a lack of trust in communities about renewable energy source in general. Additionally, new communities face the challenge of updating old systems efficiently.
Many of the distributed energy service companies (DESCOs) providing PAYG off-grid solar products need significantly more capital investment in order to realize their plans for customer expansion and product development. This is a sector with high perceived risk, a weak pipeline, and an unfamiliar asset class, which means that investors have been slow to provide capital to the sector.
In order to meet SDG 7 - Affordable and Clean Energy - by 2030, we must ensure universal access to affordable, reliable and modern energy services. This includes increasing the use of renewable energy sources, improving energy efficiency, and investing in technology and infrastructure support the clean energy transition
As factors such as climate change and geopolitical turmoil continue to threaten global efforts to achieve sustainable development, resilience has emerged as a key concept for policymakers. Resilience is the capacity of individuals, communities and systems to absorb and adapt to stress and shocks.
The built environment has a huge role to play in building a healthier, more sustainable world. This is becoming even more apparent due to the COVID-19 pandemic. Harmonizing health, energy efficiency, and resilience will deliver stronger organizations and healthier communities as well as better buildings.
Unfortunately our world currently runs on oil, and despite research into green energy, there is currently no credible plan for a carbon-free economy before 2030. Until that time, oil and gas companies will continue to play a huge part on the world stage. But who is keeping these giants in check?