- U.S. households generate over 40% of the nation’s greenhouse gas emissions, a result of being plugged into an electric grid which still derives most of its energy from fossil fuel-powered sources
- A recent study has revealed that the world could save as much as $12 trillion by 2050 by switching from fossil fuels to renewable energy – a claim predicated on the declining cost of renewable energy generation
- GeoSolar Technologies is looking to promote this energy transition, with its revolutionary SmartGreen(TM) Home system permitting households to slash their household utility bills to as little as $100 per annum whilst simultaneously, reducing their carbon footprint
The U.S. energy transition movement is still in its relative infancy; as of the start of 2023, over 80 percent of the electricity generated in America’s collective power grid owed its origins to non-renewable sources such as coal or gas. Meanwhile, most U.S. households remain connected to the grid, with over half of American households boasting a major gas-powered appliance such as a furnace, water heater, or stove in their homes. That means that the majority of U.S. households are emitting greenhouse gases every time a light switch is flipped or perversely – an electric car is plugged in to charge. As such and despite statistics such as the one suggesting that three-quarters of Californians would prefer to possess efficient electric appliances powered by clean energy rather than fossil fuels, over 40 percent of all greenhouse gas emissions in the U.S. are currently emitted by households (https://ibn.fm/HziN3).
The Paris Agreement, an international treaty on climate changed signed in 2016 by nearly 200 countries centred around mitigating pollution and avoiding climate disasters, had at its core focus a target of reducing global air pollution by 28 percent – followed by complete decarbonisation or…
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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