- The upcoming COP27 Conference in Egypt will dictate the world’s latest measures designed to adhere to 2015’s Paris Agreement
- With the world increasingly focused on containing global warming and subduing household greenhouse gas emissions, has taken on increasing relevance
- Within the U.S., households account for 20% of total carbon emissions – with U.S. household emissions alone surpassing those of Germany as a whole
- GeoSolar Technologies’ revolutionary SmartGreen(TM) Home system has been designed to power homes through a mix of renewable energy sources – effectively reducing the average home’s carbon footprint to near zero
When the upcoming United Nation’s Climate Change Conference, better known as ‘COP27’, kicks off in Egypt’s Sharm El-Sheikh on November 6th, it will do so amidst some of the most perilous environmental conditions the world has ever witnessed. Faced with a growing energy crisis, record greenhouse gas concentrations, and increasing extreme weather events, politicians will be at pains to deliver action on an array of issues critical to tackling the ongoing climate emergency. Ranging from urgently reducing greenhouse gas emissions, through to building resilience and adapting to the inevitable impacts of climate change, all whilst delivering on commitments to finance climate action in developing countries, conference attendees will be asked to commit to a wide array of initiatives to halt global warming on its tracks. With 40 percent of greenhouse gas (“GHG”) emissions originating from real estate, measures to decarbonize households will form an increasing priority within the global political agenda – with tackling US household emissions foremost on that list (https://ibn.fm/8bSbt).
A comprehensive study encompassing 93 million individual households within the United States found that residential energy usage accounts for as much as 20 percent of GHG emissions in the United States (https://ibn.fm/A7ydM). Putting that figure into perspective – if the U.S. housing sector’s emissions were to be considered as a country, that country would represent the world’s sixth largest GHG emitter, comparable to the entirety of Brazil’s emissions and ranking significantly higher than those of Germany. Perhaps more ominously, by 2025 the United States will add an estimated 70-129 million residents and 62-105 million new homes, growing the urgent need to reduce emissions across the US housing sector.
Consequently, and despite U.S. homes becoming increasingly energy efficient in recent years, U.S. household energy use and consequently, the sector’s GHG emissions, have failed to reduce as a by-product of demographic trends, necessitating the employment of additional measures to arrest the incessant growth in carbon dioxide emissions. GeoSolar Technologies (“GST”), a Colorado-based climate technology company, has sought to cater to this increasingly urgent requirement. Through the introduction of its proprietary SmartGreen(TM) Home system – an environmentally friendly, renewable energy focused technology designed to harness energy from the earth and sun to power and purify homes and automobiles without the use of fossil fuels, GeoSolar are focused to tackle the astounding thirty percent of global greenhouse gases generated by households every year. Moreover, and during a time of increasingly elevated electricity costs, the company has illustrated how the average GeoSolar-powered home could result in a negligible carbon footprint, with homeowners disbursing less than $100 per annum in utility bills (https://ibn.fm/QBDD9).
Solar, wind, and hydroelectric power have long been renowned as popular and well accepted renewable energy sources, with a number of these achieving grid cost parity relative to more conventional energy sources in different jurisdictions. Whilst GeoSolar have made use of a variety of conventional forms of renewable energy within its home energy systems, it has also looked towards adopting a more holistic approach by harnessing other, more unconventional energy sources, including the likes of geothermal energy; effectively, tapping into heat generated from the Earth’s core to generate electricity (https://ibn.fm/jRt9R). The geothermal energy is than used to power heat pumps, with the latter employed to warm houses rather than having households rely on more conventional air-conditioning and gas furnace systems.
With the world’s climate increasingly seen to be teetering on a precipice, global coordinated action will be essential in terms of preserving the environment as we see it today. Given the important role controlling household emission levels will play within this initiative, GeoSolar Technologies’ revolutionary SmartGreen(TM) Home system as well as its innovative use of renewable energy sources could not have come at a better time.
For more information, visit the company’s website at www.GeoSolarPlus.com.
NOTE TO INVESTORS: The latest news and updates relating to GeoSolar Technologies are available in the company’s newsroom at https://ibn.fm/GST
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