Climate change, driven by rising greenhouse gas (GHG) levels, poses a critical threat to our planet's survival. The majority of these emissions—about two-thirds—come from our energy systems, which are heavily reliant on coal, oil, and natural gas. These fossil fuels not only release harmful greenhouse gases like CO2 and ammonia into the atmosphere but also contribute to severe environmental pollution by emitting SOx, NOx, and particulate matter.
At SolarEPC, we adhere to a straightforward principle:Electrification of energy use + Decarbonization of power generation = 90% reduction in GHG emissionsIt’s clear that electrifying the global economy alone won’t solve the climate crisis. This effort must go hand-in-hand with decarbonizing power generation worldwide. If we meet new energy demands with carbon-intensive sources like coal and gas, we risk making little progress in reducing greenhouse gas emissions.
Shifting to cleaner energy doesn't just help fight climate change; it also boosts the economy by enhancing public health and extending the life of our infrastructure. The World Bank estimates that air and water pollution in China alone costs about 5.8% of its GDP, or a staggering $100 billion. India faces a similar challenge, with pollution costs reaching $36.8 billion annually.Transitioning to a decarbonized energy system is essential to meet our Paris Agreement commitments and ensure a healthier, sustainable future for generations to come.
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