Why You Should Work Towards an Energy-Efficient Home?

An energy-efficient home is something we should all work towards. It will save you money, decrease your carbon footprint, and make your home and lifestyle more environmentally friendly. Most of us think that achieving an energy-efficient home is difficult, expensive, and time-consuming, but it doesn’t have to be. There are so many little things we can do to decrease the amount of energy we waste and to reduce the amount of money we spend on running our homes. Today, we will be taking a look at what you can do to improve the energy efficiency of your home and why this will benefit you in the long run.

Upgrade Appliances

If your home appliances are old, chances are they are not very energy efficient and will be costing you more than they should to run. When you purchase any new appliance, you should look for one that comes with a stamp of approval, also known as an ‘Energy Star’ rating. This means the new appliance is classed as energy-efficient, which means you will save money on energy bills in the future.

Check Boiler Efficiency

In most UK households, the cost of running a boiler will be more than all of the other home appliances combined. To ensure that you aren’t spending too much on your boiler, you should assess its efficiency levels. There are simple tools you can use to do this. If you are spending too much, replacing a boiler is an option, but it’s expensive. Instead, you can look into cheaper ways of improving its efficiency.

Install Insulation

Energy that should be heating your home will be lost through your windows and ceilings when your home is poorly insulated. If your home is properly insulated, you will pay less to heat your home because the building will retain the heat more efficiently. It doesn’t cost too much to do and the money you spend on it will be made back over a couple of years through reduced energy costs.

Switch Energy Supplier

Some energy suppliers are greener than others, and many of the more sustainable ones also offer surprisingly cheap tariffs. By using an energy comparison website you should be able to find a new supplier that can improve your household’s carbon footprint while also lowering your household bills.

Use Renewables

Renewable energy comes from a resource that is naturally replaced on a human timescale. This includes wind, sunlight, waves, tides, rain, and geothermal heat. Using renewable energy is a great way to help the environment and to save money on energy bills. It can be expensive to install, but it comes with many benefits for you, your home, and the environment.

As you can see, the main reason many of us should choose to have a more energy-efficient home is to save us money, but it helps the environment too. We are all aware of the changes taking place in our environment, so protecting it and saving money while doing so is an offer we shouldn’t refuse.

Your Choices for Alternative Energy

While using alternative sources of energy is a right way for you to save money on your heating and cooling bills, it also allows you to contribute in vital ways to both the environment and the economy.  Renewable energy sources are renewable, environmentally sustainable sources that do not create any by-products that are released into the atmosphere like coal and fossil fuels do.

Burning coal to produce electricity releases particulates and substances such as mercury, arsenic, sulfur and carbon monoxide into the air, all of which can cause health problems in humans.

Other by-products from burning coal are acid rain, sludge run-off and heated water that is released back into the rivers and lakes nearby the coal-fired plants.  While efforts are being made to create “clean coal,” businesses have been reluctant to use the technology due to the high costs associated with changing their plants.

If you are considering taking the plunge and switching to a renewable energy source to save money on your electric and heating bills or to help the environment, you have a lot of decisions to make. The first decision you need to make is which energy source to use in your home or business.  Do you want to switch to solar energy, wind power, biomass energy or geothermal energy?

Emissions from homes using heating oil, vehicles, and electricity produced from fossil fuels also pollute the air and contribute to the number of greenhouse gases that are in the atmosphere and depleting the ozone layer.  Carbon dioxide is one of the gases that is released into the air by the burning of fossil fuels to create energy and in the use of motor vehicles.  Neither coal nor fossil fuels are sources of renewable energy.

Replacing those energy sources with solar, biomass, geothermal or wind-powered generators will allow homes and businesses to have an adequate source of energy always at hand.  While converting to these systems can sometimes be expensive, the costs are quickly coming down, and they pay for themselves in just a few short years because they supply energy that is virtually free.  In some cases, the excess energy they create can be bought from the business or the homeowner.

While there are more than these three alternative energy options, these are the easiest to implement on an individual basis.  Other sources of alternative energy, for instance, nuclear power, hydroelectric power, and natural gas require a primary power source for the heat so it can be fed to your home or business.  Solar, wind, biomass and geothermal energy can all have power sources in your home or business to supply your needs.

1. Solar Energy

Solar power is probably the most widely used source of these options.  While it can be expensive to convert your home or business over to solar energy, or to an alternative energy source for that matter, it is probably the most natural source to turn over to.

You can use the sun’s energy to power your home or business and heat water.  It can be used to passively heat or light up your rooms as well just by opening up your shades.

2. Wind Power

You need your wind turbine to power your home or office, but wind energy has been used for centuries to pump water or for commercial purposes, like grinding grain into flour.  While many countries have wind farms to produce energy on a full-scale basis, you can have your wind turbine at home or at your business to provide electricity for your purposes.

The cost of alternative energy systems has dropped sharply in recent years

3. Biomass Energy

Biomass energy has rapidly become a vital part of the global renewable energy mix and account for an ever-growing share of electric capacity added worldwide. Biomass is the material derived from plants that use sunlight to grow which include plant and animal material such as wood from forests, material left over from agricultural and forestry processes, and organic industrial, human and animal wastes.

Biomass comes from a variety of sources which include wood from natural forests and woodlands, agricultural residues, agro-industrial wastes, animal wastes, industrial wastewater, municipal sewage and municipal solid wastes.

4. Geothermal Energy

A geothermal heat pump helps cool or heat your home or office using the earth’s heat to provide the power needed to heat the liquid that is run through the system to either heat your home in the winter or cool it off in the summer.  While many people use it, it doesn’t provide electricity, so you still need an energy source for that.

4 Reasons Why You Should Invest in Green Energy Right Now

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 hydropower, 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 and why should you care?

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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.

3. It’s good for the climate

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 cars. 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.

5 Points to Consider Before Switching Electric Suppliers

There are several reasons why homeowners want to switch electric suppliers. Some might feel like they’re paying more for their electricity, and they want to find something that will cost them less. Others might be moving to a new home or looking for renewable energy alternatives and more reliable service.

Whatever the reason may be, homeowners are now more able to explore and acquire the energy plan that suits their needs and resources. They can change their electricity providers anytime they want. But with numerous options in the market, it can be easy to feel lost and make a snap decision.

Before you get thrilled about cheaper energy tariffs and better customer service, here are essential points to consider before switching electric suppliers. It may save you a load of potential hassle and stress, especially if it’s your first time to do so.

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1. Determine Your Needs and Preference

The first thing that you should think about when changing your electric supplier is your needs and preference. This way, you’d be able to point out specific reasons why your current provider is not right for you anymore.

You can ask yourself a few questions to sort what you need and prefer so you can come up with a more informed decision. Does your bill vary from month to month, or are you searching for a plan that your budget can comfortably afford more? Do you want to reduce your carbon footprint, or are you looking for better customer support?

Once you’ve identified the things you need and want that you didn’t get from your current supplier, it would be easier for you to choose a much better one. Take your time to ponder about them before you rush into the market.

2. Check Your Current Electric Bills

It’s also significant to look at your current electric bills, especially if your concern is a high and fluctuating statement every month. Before you review other supplier’s prices, it would be helpful to examine a recent electric bill from your current supplier. Evaluate how much you’ve been paying for your electricity.

By checking the costs that constitute your monthly electric bill, you’d be able to know whether the problem is on the consumption or with the rate. It would also prepare you to choose a new electric supplier that will surely meet your needs.

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3. Research Your Options

Of course, doing some research before changing suppliers is essential. You can start an electric consumption comparison on Eligo Energy. When you do so, it will help best in finding better electric rates. When researching your options, you can break down the factors you want to look for in your new electric supplier.

Here are a few things you may not want to miss out on:

a. Price and Plan

Rates may vary in every supplier, and they are often linked to the unpredictable energy market. You must consider what kind of supply rate would work best for your home’s monthly budget before shopping for any electricity plans.

Opting for a fixed-rate plan might be a good idea if your concern is about fluctuations. But if you use most of your energy at night, you can look for a company that offers time-of-use plans. Note that each project comes with a cost, so it mostly depends on how much you’re willing to pay.

b. Products and Services

Suppliers provide many different types of products and services. It’s a must to check out what each company offers to assess better which one would best serve your needs.

Some companies use renewable energy resources, while others do not. If it’s something important to you, you can cross out from your options to those who don’t offer it.

c. Reputation

Many suppliers are using marketing tactics to capture your attention. Don’t get tempted by cheap rates that have hidden fees in the end. Be sure to switch to a company that has an established reputation. Check on their background before you sign up by looking at the reviews of previous customers.

4. Compare Offers

When looking for the best deal, you would have to compare offers from different providers. If you want to find out how much you could save, compare their electricity rates. However, consider all the other factors as well. Bear in mind that the lowest price isn’t always the best deal.

5. Review Your Current Contract

It is a must to review your contract with your current supplier. Take a look at the terms if there are charges if you leave your contract early. Make sure to ponder whether it would be worthwhile to change your electricity provider right away if there are any exit fees. You won’t have to worry about it, though, if you have an open contract.

Takeaway

It’s so tempting to dive into any electric supplier with cheaper rates and better offers than your current one. But doing so may cause you tons of money and regrets in the end. You would not want to experience the same frustration again. Therefore, take the time to research and weigh all your options before you sign up for anything.

How Renewable Energy Manufacturing Has Become More Efficient

The world knows renewable energy offers extensive, far-reaching benefits that can help mitigate climate change. If we want to make progress, we need to move away from fossil fuels permanently. That’s an issue where most people agree. It is now evident there is another argument for renewable energy besides sustainability. This option has become much more efficient, both production- and cost-wise. Let us explore how renewable energy manufacturing has become more efficient in recent years:

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Production Innovations Boost Effectiveness

Consider how renewable energy was received publicly 10 or 15 years ago. It wasn’t exactly an avenue that most individuals or businesses knew existed. There have been various challenges regarding implementation across America. Hurdles like government support and wide-spread education are examples.

That’s changed as more information has been released about how fossil fuels negatively affect our planet. It’s now evident that renewable energy prospects continue to grow annually — even during COVID-19. That’s largely due to how production methods have transformed over the past several years.

The renewable energy industry can now manufacture sources through smarter means. For example, we used to harness wind power from land-based turbines. Those opportunities have expanded as offshore capabilities are now more mainstream. This innovative progress has become applicable to other sources, too.

These new ideas are significantly responsible for how renewable energy has become more efficient. If we never changed our manufacturing processes, we couldn’t produce renewable energy on a large enough scale. There’s no denying that continuous innovations will make choices like solar, hydro and geothermal increasingly accessible.

As a result, we can enjoy more options as consumers. There’s also cost to consider — which unquestionably determines how efficiently people view renewable energy. They need to be even cheaper than fossil fuels.

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Costs Are Lower Than Ever Before

It is important to highlight how renewable energy has turned into an affordable alternative. This cost-efficiency will be necessary to help people choose renewable energy sources over fossil fuels. There are many reasons why prices for eco-friendly power have fallen.

1. Subsidies

The most significant components are subsidies. These government-backed incentives help manufacturers switch to alternative energy sources for less money. It’s also evident that options exist for individuals and businesses. People can access tax incentives to support their sustainable power pursuits financially.

2. Non-Profit Organizations

There’s also help from green non-profit organizations. Take GRID Alternatives Mid-Atlantic as an example. They provide free solar panel installation to households that can’t otherwise afford renewable energy. That’s a useful resource to help drive accessibility to these alternatives.

3. Investments

What about renewable energy investments? These endeavors are more prevalent than ever. If our country’s most influential figures put their money in renewable energy, we can expect to pay less for green power. Texas has the lowest energy costs in America — and they also use the most wind power. That’s not a coincidence.

These three points ensure that renewable energy becomes more affordable yearly. Various entities need to work together to ensure that sustainable options are accessible. They need to be more available than fossil fuels to ensure they catch on as alternatives.

Future of Renewable Energy Manufacturing

There’s a bright future for renewable energy. As a result of innovative and cost-effective manufacturing progress, Americans now have access to various eco-friendly power sources. If we can keep making strides regarding production, we should be able to create renewable energy on a far-reaching scale.

This process won’t happen overnight. It’s taken decades for renewable energy to be seen as even a viable alternative to harmful fossil fuels. But we’re in an ideal place right now. It shouldn’t be long before renewable energy becomes even more efficient. There’ll then be no excuse for people to keep using fossil fuels.

Water Saving Tips for Schools and Colleges

Like all large organizations, schools and colleges need to examine their environmental impact. In addition to energy usage and waste management, water use is another critical area of environmental health for schools and colleges.

With regards to the climate crisis, children and young adults are amongst the loudest voices. Many grassroots campaigns have resulted in the successful lobbying of institutions to change damaging practices. These include divesting from fossil fuel companies and halting research that supports the oil and gas industry. Here are some of our best water saving tips in an educational setting:

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For an essay writer, the climate crisis is a subject rich in content. Opening up the debate around school or college policy to students is an excellent way to generate ideas. They’ll outnumber those suggested in this article by 10-to-1. Make sure to tap the young minds at your disposal.

When it comes to your institution’s infrastructure, there are many different kinds of alterations and fixes. Retrofitting aspects of the building’s plumbing is a far easier task than a complete overhaul. These fixes use both high- and low-tech solutions.

Some of the most effective technological fixes are incredibly simple. One of many ingenious toilet water saving tips is the flush bag, a plastic bag that absorbs water. The bag goes into the toilet cistern, which’s the sizable boxy bit at the back of a toilet. When the toilet is flushed, the bag expands and takes up space that would have previously been occupied by water. This space displacement will save roughly one-liter of water per flush, other size bags can reduce  more space, but it is a matter of balancing function and environmental favor.

Flush bags illustrate a pertinent point;  when dealing with large numbers of individuals, incremental changes add up to a large percentage. If you can save 1,000 liters of water per day, the reduction becomes significant over an academic year. Little and often should be the water-saving motto of your school.

Other excellent marginal gains devices include sensor-activated taps; to prevent accidental (or intentional) tap-running. The tap flow rate in the US is generally very high. Adaptors exist, which will reduce the flow rate and thus save gallons of water.  Another thing to note is that our existing infrastructure has always put human needs first; there is a lot of slack in the system.

‘The system’ leads us to the next tip. Think for the future when planning your school’s re-development. Ideas to make a school carbon neutral, or even carbon positive, must include water usage, not just energy usage. Water does not miraculously flow. Some sort of connection to the energy grid is essential.

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Schools and colleges can look for renewable energy providers who service their area. Swapping energy providers may be simple, or there could be legal obstacles; it depends on the type of school or college.

For those with a hefty endowment, taking energy generation in-house is one option. Generating a self-reliant water source is hard and not on the list of priorities for most institutions. Who has a natural spring sitting on the grounds these days? However, in the years to come, water desalination plants could become much more affordable and offer locally available water to the area, not just the institution.

One place that needs water saving tips is California. The state has suffered dramatic and devastating wildfires evermore frequently in recent years, making news the world over. In areas that are prone to wildfires like this, water is of deep concern. They’re running out. Schools, colleges, and the entire state have to reduce their demand. Reducing this demand will only become more critical, familiar, and necessary in the coming years.

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Schools and universities can lead the way on this front. They’re able to set their own rules and develop sound practices in their students while they’re at it. Education is just as important as technological fixes; ensuring water doesn’t get wasted is as much about bringing together the team as it is stuffing bags in toilets.

Embodied carbon is the amount of carbon it took for an object to be made or to function. Embodied water is not just the fact that you’re 90% h2o; it’s the amount of freshwater affected or used to create a material or maintenance of services.

It is easy to think about embodied water in food; wheat grown in the USA contains approximately 849 cubic meters of water per tonne. Understanding metrics such as these can help with long term planning. If your institution provides food, a thorough audit of your water use could suggest ways to alter the kitchen and the menu to reduce water consumption.

Saving water in schools and colleges is literally and metaphorically plugging a leaky pipe. The task is never really over as it is so complex and prone to faults and issues. That said, every institution can save water tomorrow if they implement some of the fixes covered in this article.

Applications of Epoxy Resin in Clean Energy Sector

Epoxy resin is a kind of reactive prepolymer and polymer that contains epoxide groups. It is important to note that epoxy resin is different from other polyester resins in terms of curing. Unlike other resins, instead of using a catalyst as a curing agent, it is cured by an agent known as the hardener. It possesses many desirable properties such as high tensile strength, high adhesive strength, high corrosion resistance, and excellent moisture & chemical resistance. It is also resistant to fatigue, has a long shelf life, and has good electrical and insulating properties. The ability of epoxy resins to be used in various combinations and reinforcements makes it the foundation of a plethora of industries, including clean energy systems.

Applications of Epoxy Resins

Because of the versatile properties of epoxy resins, it is used widely in adhesives, potting, encapsulating electronics, and printed circuit boards. It is also used in the form of matrices for composites in the aerospace industries. Epoxy composite laminates are commonly used for repairing both composite as well as steel structures in marine applications.

Due to its high reactivity, epoxy resin is preferred in repairing boats that have been damaged by impact. Its low shrinking properties and ease of fabrication make it well suited for many tooling applications such as metal-shaping molds, vacuum-forming molds, jigs, patterns etc.

Use of Epoxy Resins in Clean Energy

A variety of industries have been actively trying to find a path that’s moving towards a society that puts less load on the the environment and also contributes towards reducing the carbon footprint. The accelerated use of epoxy resins in generating renewable energy has lead to a rise in its production demand. This is why the epoxy resin market is projected to witness a high demand and growth rate by 2022. Here are some of the sectors contributing to the production of clean energy and how they utilize epoxy resin for their functioning:

  • Solar Energy

The harnessing of solar energy dates back to 700 B.C, when people used a magnifying glass to focus the sun’s rays to produce fire. Today solar power is a vigorously developing energy source around the globe. It not only caters to the rising energy requirements but also the need to protect the environment from the exploitation of exhaustible energy resources.

A piece of average solar equipment endures intense environmental conditions such as scorching heat, UV radiations, bitter cold,  pouring rain, hail, storms, and turbulent winds. To withstand such conditions, the sealing and mounting application of epoxy resins increase the environmental tolerance of the solar equipment.

With their high mechanical strength, impressive dimensional stability and excellent adhesion properties, they are used to protect the solar panels from a wide range of temperatures. Epoxies are cheap, less labor-intensive and easy to apply.

  • Wind Energy

The global wind industry has quickly emerged as one of the largest sources of renewable energy around the world. The wind energy in the U.S. alone grew by 9% in 2017 and today is the largest source for generating clean energy in the country. With such a tremendous demand for wind power, the need for fabricating bigger and better wind turbine blades is also rising. The industry is in a dearth of long-lasting blades, that endure the harsh climatic conditions and wear tear and are able to collect more wind energy at a time.

Sealing and mounting application of epoxy resins increase the environmental tolerance of the solar equipment

Epoxy thermosets are used for making the blades more durable because of their high tensile strength and high creep resistance. Mixing of epoxy resins with various toughening agents and using them on the blades have shown positive results towards making the blades corrosion resistant and fatigue-proof.

  • Hydropower

Hydropower is an essential source of renewable and clean energy. As the hydropower industry is developing rapidly, the solution for protecting the hydropower concrete surfaces against low temperatures and lashing water flow has also been looked into.

As a solution to this issue, epoxy mortar, a mixture of epoxy resins, binder, solvent, mineral fillers, and some additives has proven to be the most effective material used for surface protection. Owing to the properties like non-permeability, adhesive strength, anti-erosive nature, and non-abrasiveness, epoxy mortar paste has been used as a repairing paste in the hydropower industry.

Over the last few decades, epoxy resins have contributed immensely in the maintenance and protection of clean energy sources, helping them to become more efficient and productive.

Final Thoughts

While many argue that factors like a relatively high cost when compared to petroleum-based resins and conventional cement-mortar alternatives has affected the epoxy resin market growth, the fact remains that epoxy resin never fails to deliver top-notch and unmatchable results in the areas of application.

Solutions for Maritime Industry Emissions

Until 2018, the maritime industry did not have a climate plan. While this may seem surprising, shipping tends to stay quiet about the environmental impacts of a global economy. Additionally, unlike other carbon-intensive sectors, it tends to quietly sail along unnoticed by consumers. It was not included in the Paris Agreement in 2016 and was not held accountable for its contribution to increased greenhouse gas emissions.

The International Maritime Organization laid out plans to cut emissions in half by 2050, an ambitious goal by one of the world’s main polluters. One of the main strategies to reduce CO2 emissions is to transition to more efficient fuel types. Most large shipping vessels operate with heavy fuel oil, which is rich in sulfur and extremely polluting. The International Maritime Organization is seeking to replace heavy fuel oil in 60,000 shipping vessels.

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However, consumer awareness surrounding the environmental cost of international shipping, coupled with innovative technology, may reduce the amount of pollution produced. The most likely solutions for reducing emissions from the maritime industry include transitioning to a more low-carbon fuel source, changing transport speeds, adopting sustainable shipping waste disposal strategies, transitioning to renewable energy and optimizing travel routes.

The Price of International Shipping

Shipping emissions are expected to grow exponentially between now and 2050. International shipping accounts for the majority of industrial pollution. Maritime regulations are significantly behind those for other carbon-intensive industries. It can be legally complicated to assign accountability to certain countries, especially in international waters. A handful of mega-ships can have the same level of greenhouse gas emissions as millions of cars, accounting for an incalculable portion of air and water pollution.

Our economy is global. When you look at the tags on your furniture, appliances, clothes and electronics, you may see dozens of countries around the world. Even our food, including perishable items like avocados and lettuce, are shipped internationally. Fresh produce can be shipped thousands of miles without spoiling using different refrigeration systems, such as air compressor technology. While these technologies make it easier to transport food, they come with a high-carbon impact. However, there are energy-efficient solutions to reduce carbon emissions in the shipping industry.

Energy-Efficient Solutions

Low-carbon technology is available in the shipping industry, but how it works in practice may be a different story. For example, switching from a high sulfur fuel oil to a low carbon option may have the greatest impact on reducing greenhouse gas emissions. Lowering sulfur oxide emissions is key to reducing the effects of international shipping.

However, switching oils will require the industry to identify pollution from the whole lifecycle, meaning that the use of fuel is only one part of its environmental impact. Accounting for this will be crucial in finding a sustainable solution for maritime industry emissions.

Another solution that is easier to implement than changing fuels is a practice called slow steaming. Slow steaming simply refers to slowing boats down, sometimes only by a few degrees. While it may not sound like much, changing a ship’s speed by a couple of kilometers can result in an 18% increase in fuel savings, which could be a gamechanger. However, industry leaders are worried that simply slowing down ships is not the answer, since it will result in a need for more vessels to keep the global economy moving.

Other energy-efficient solutions to maritime industry emissions include route optimization, renewable energy such as wind-assist technology and transitioning to all-electric ships. Norway, a main exporter in the petroleum and fish industries, has already tested an all-electric vessel and is actively working to optimize this technology to transition more ships away from fuel oil.

Time for Maritime to Go Green

The effort by the maritime industry to reduce greenhouse gas emissions is significant. Effective solutions to help curb climate change include transitioning to low sulfur fuel oils, changing ship speeds and investing in new technology such as renewable energy. However, consumer awareness will also play a vital role in the future of international shipping. The cost of a global economy is significant. Finding more sustainable methods of transporting goods across the ocean is imperative.

Why Now is a Great Time for Developing a Green Economy

There’s no doubt that Covid-19 has taken a human and socio-economic toll over the course of the last six months, with more than 10 million cases and 500,000 deaths recorded so far. However, the pandemic has always provided moments of hope and economy across the globe, from the boom in ecommerce and the rise of remote working to the unexpected 8% emissions reduction reported in the UK. These trends have also been impactful across the globe, and there’s no doubt that they have the potential to sustain significant and positive change into the future.

This is definitely the case when it comes to the environment, but is now really the ideal time for a developing a green and sustainable economy?

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What is a Green Economy and Why Should the World Care?

Of course, the Covid-19 outbreak came on the back of global environmental protests by organisations such as Extinction Rebellion, which sought to drive radical change and introduce a green economy that would make the UK carbon neutral by 2025.

This was deemed to be incredibly ambitious by some commentators, although the current Conservative government has pledged to create a greener, carbon neutral economy by 2050.

OK, we hear you ask, but what exactly is a green economy? In simple terms, this refers to an economy that aims to actively reduce the environmental risks posed by business and wealth generation and ecological scarcities, while also driving sustainable development without degrading the environmental landscape.

While regulations and multilateral agreements such as the Paris Climate Change Agreements take care of the first element of this, it’s socially responsible investment that drives the second.

The best example of the latter exists in the form of investment in renewable technology, which is arguably the single most important dynamic for future infrastructure spending throughout the global community.

Can Covid Trigger Increased Green Technology Spending?

With this in mind, the importance of green economics and increased renewable technology spending is clear, while the sharp decline in emissions during the coronavirus outbreak has raised hopes that a green global economy may be on the horizon.

Green Finance

Remember, China was already emerging as the world’s leading investor in renewable technology prior to the outbreak, with a global report also highlighting the continuing decline of oil values as being indicative of a changing global landscape.

Of course, there’s some argument as to whether the record decline in oil prices is triggered primarily by an ongoing imbalance between supply and demand, while the recent fluctuations of the US dollar may also be influential.

Still, there’s no doubt that fossil fuel consumption is set to decline incrementally in the coming years, and this is definitely a factor when appraising the issues faced by oil of late.

Ultimately, these facts hint at a greener and more sustainable future, and it cannot be denied that most developed economies were investing in renewable energy sources at record levels prior to the pandemic.

The question that remains, of course, is to what degree the recent emissions reductions across the globe have been inspired by such changes? The answer is telling, particularly if it turns out the reduction in CO2 emissions over the course of the last two months was solely driven by the widespread lockdown measures that curbed road and air travel.

Regardless, now is clearly the ideal time to push a greener agenda and continue laying the foundations for a more sustainable future.

Create a Greener Business with These Changes

Want to make your business greener? It’s easier than you might think to make eco-friendly changes. While there are some challenges you’ll face, implementing green changes into the company delivers a lot of great benefits.

Below, you’ll discover some of the best ways to create a greener business no matter what your budget.

Install solar panels

If you want to really make a difference, you can install solar panels in your premises. This helps to provide greener energy. Using the sun’s rays to power up the building, these panels can also save you a lot of money over the years.

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The only trouble is, installing solar panels isn’t cheap. So, if you don’t have the funds available you have two options. You can see whether there are any government schemes to help fund green changes in your business. Or, you could seek business funding from a responsible lender. You’ll get the money back that you borrowed over time through the money saved with these panels.

Add plants in and around the business

Another great tip is to add plants and trees in and around the business premises. Using trees and greenery outside the building helps to improve the environment. They are known to clean the air, benefit local wildlife and they make the premises look much nicer.

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Planting more trees and vegetation will go a long way in reducing heat in urban settings.

You can use plants indoors too. Adding plants to the office can not only benefit the environment, but your workers too. Research the best indoor plants to add to your business for the most eco-friendly benefits.

Encourage employees to go green

As a business owner, there’s only so much you can do to make the company greener. You’ll also want to enlist the help of your employees to make greener changes. For example, you could encourage them to cycle to work, rather than driving. Or, you could implement a car sharing scheme to cut down on emissions.

greener-business

Switch to renewable energy

Finally, another way to create a greener business is to switch to renewable energy. Did you know some companies focus on providing 100% renewable energy? Switching to these suppliers won’t just help you protect the environment; it will also save you a lot of money potentially too.

It’s worth researching your options to see which supplier best fits your needs. Switching suppliers is a fairly straightforward process these days so you should find it an easy task.

These are some of the main ways to make greener changes in your business. By implementing greener policies, you’ll be able to really cut down your company’s carbon footprint. With global warming remaining a very serious threat, anything you can do to reduce your impact on the environment is going to be worthwhile.