According to a study by Ourworldindata, around 11% of global energy comes from renewable technologies, around one-quarter of our electricity comes from renewable energy, and that’s great news for the planet. From hydroelectricity, wind and solar energy, biofuels and geothermal, there are now many alternatives for public and private use. But why should you invest in green energy? What are the benefits of eco-friendly energy sources and why should you care?
1. It’s actually cheaper!
According to the International Renewable Energy Agency, renewable energy is increasingly the cheapest source of new electricity, in fact the cost of photovoltaic energy has fallen by 82% in the last decade! But why is that? Well, the operating costs are much lower for renewable energy plants than fossil fuel and nuclear power plants. As long as there is sunshine there are possibilities of creating solar energy!
If you’re looking for an energy plan for your home, you’ll soon find out that energy suppliers offering renewable electricity are cheaper and more accommodating. They also tend to have environmentally friendly policies with projects such as planting trees every time you sign up for a new contract for example.
2. It’s better for our health
One of the most underrated benefits of renewable energy is the impact on our health. Increases in fossil fuels, road transport or open burning of waste in cities has contributed to air pollution around the globe. The particles found in this polluted air can have a devastating effect on our health.
In fact, according to many studies, air pollution increases the risk of lung infections, lung cancer, premature death and asthma. Thus, it is good to invest in clean energy if you are really concerned about your health.
3. It’s good for the climate
Some of the existing issues the world is facing nowadays are waste and carbon-related, such as the greenhouse gas effect, climate change, and global warming that could also be caused by coal-produced energy.
Too much carbon and other gases are continuously produced on the earth’s surface due to improper waste disposal and coal energy consumption. In return, gas molecules continuously increase in volume, causing global warming.
Because of the greenhouse gas effect and global warming, climate change occurs. This leads to an interruption in the natural climate cycle of the earth due to the high volume of gases produced by carbon emissions and improper waste disposal.
One of the main benefits of renewable energy is the fact that it produces no or very low greenhouse gases. Therefore, it produces much less pollution, resulting in cleaner air and water. Renewable energy is derived from nature so by definition the resources have the benefit of being abundant and pretty much available anywhere.
4. It’s the future
In the future, we are more than likely going to only use climate-friendly energy sources such as the sun or wind to heat and power our homes and businesses. Electric cars will become the norm and more jobs will be created around environmentally friendly energy all over the globe. We’re also expected to see fossil fuel cars disappear in the long run with more and more investment in the green sector.
Going Green For Good
If you’re a business-minded person, investing in energy penny stocks is a good idea. It’s one way to support green energy businesses while earning money. You can invest in companies that look for new renewable energy solutions, such as converting wastes into energy.
Aside from green energy, you can go green or environment-friendly through proper waste disposal. Whenever organic waste decomposes, gases like methane, carbon dioxide, and nitrous oxide are produced. Thus, when the sun’s radiation enters the atmosphere, these gases tend to redirect heat in different directions, warming the lower atmosphere.
If everyone uses green energy and carries out proper waste management at home, people could help save the environment. Hence, going green should be a great consideration in mind.