Make a conscious effort and bring it forward into action because the impact of climate change stands to be large enough to wipe away our planet. So starting today, let us begin to take calculated steps whenever and wherever possible.
As a change that is wreaking havoc for climate patterns and as a change that is going to impact livelihood, Climate change is the leading talk of the town.
From the release of greenhouse gases to natural causes like volcanoes, numerous aspects tend to come in and promote climate change.
Rising temperatures, shrinking glaciers, rising sea levels, increase in precipitation and so on are few among the main effects that are soon going to be felt by our planet.
By forgoing fossil fuels, promoting afforestation and minimising the release of gases, we can all make the right moves to be the leading players in the fight against climate change.
It’s time to get involved for the planet as nature is already displaying the impact caused by the existence of humanity.
Have a look at the vital side of greenhouse gases, as they are slowly causing damage to our environment.
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With further research and development in renewable energy, a stronger supply chain and the decline in the oil and gas industry, now may be the best time to invest in cleaner initiatives. Demand for energy across the world has increased, and with climate change at the top of many government agendas, renewable energy companies in the UK will likely see tremendous growth in the coming years.
The country is still bound by the National Climate Change Act, this requires an 80% reduction in greenhouse gas emissions by 2050. According to a report by the Office of Budgetary Responsibility (OBR), an estimated £8.4 billion will be spent on sustainable energy projects in the UK by 2021. Traders will have ample opportunity to invest and profit. As growth in the sector continues to rise, more and more firms are comparing and switching their business energy supplier through online energy comparison sites such as Utility Saving Expert. It’s now easier than ever to find a competitive deal and filter by contract length, tariff type and that all important price.
Why should I invest in renewable energy?
There are a number of reasons to invest in the sector other than the predicted growth, these include the following:
Ethical investing – Investing in this industry is an excellent choice when looking at it from the ethical perspective. Fossil fuels are being depleted, global demand for energy continues to rise, and it now makes more sense to invest in alternative fuel sources. Associated benefits include preventing climate change, protecting the environment and making energy accessible to more people across the world.
Technological growth – Advancements in research, development and manufacturing are occurring at a startling pace within the industry. Renewable energy production is becoming more efficient, increasingly reliable and costs are decreasing.
Job creation – Increased investment in this sector will create a large number of jobs across the globe. According to an MIT Technology review article, there are more than 10 million people involved in the production of renewable energy across the world. Development in rural areas will create the much-needed infrastructure to support local communities and businesses.
Improved trade – Investment in sustainable projects can positively affect trade. By importing less fuel, a nation’s trade balance is strengthened. This can reduce the burden of debt for a country through GDP growth. Demand for renewable energy production, services and equipment will steadily increase, boosting trade for all involved.
How do I invest in renewable energy?
Investors have a number of different options available to them, these have varying risk and reward levels. Here’s the most common routes to investment:
This is a lower risk option, allowing individuals and companies to directly invest in sustainable energy initiatives. One of the most popular low risk options is solar PV projects. Once installation has taken place and the system is operational, these aren’t as prone to failure. Local economies can benefit through community solar projects. These will in turn provide planning, construction and maintenance job opportunities.
Renewable energy bonds are one such example. It is worth knowing that while a retail bond is listed and regulated in the market, a mini-bond is not. Debentures can also be offered. These are regulated, tradable debt assets, and are similar to bonds. This allows you to invest in individual projects and can be held for up to 20 years.
Investing in renewable energy funds is another low-risk option. Through this, money from multiple investors will be used to purchase high-performing stocks, chosen by a fund manager. Weather conditions will have a significant impact on this form of investment.
Exchange Traded Funds
This is a medium risk option, although higher returns are possible. Exchange-Traded Funds (ETFs) have reduced the level of risk in comparison to previous years. Most industries will normally invest in stocks and their related companies. ETFs are similar to individual stocks, but combine multiple stocks together. Performance is comparable to major markets but offer a lower holding cost in comparison to funds.
Buying shares in renewable energy companies
These offer additional risk, so those who are risk averse may not wish to consider this option. Renewable energy stocks can be highly volatile, large market fluctuations can be commonplace in a short time period. Those who are interested in a high risk, high reward strategy should consider firms that primarily focus on green energy.
In summary, investment in renewable energy will provide solutions to many of the world’s challenges, especially across developing countries. As we work towards a sustainable future, research and development within this industry will only continue. No matter what level of risk you choose, risk management should always be used to guide how you trade. This will help you understand what level of risk is involved and the impact it may have on your finances.
Gaining a broader understanding of Greenhouse effects and gases tends to venture our thoughts in the right direction. Apart from looking into the obvious realms of thinking, as humans, we can also look into the significant aspects that are causing changes. Due to that, a lesson on the greenhouse effect and gases is beneficial, and anyone can gain from learning about the same. As a result, we are going to be shedding light on these concepts in order to help you understand change and the mode of action that needs to be taken immediately. Hence, let’s move into the process of learning.
A greenhouse is nothing but a structure that is usually made of glass in which temperature and humidity can be controlled for the purpose of cultivation and protection of plants. They are primarily designed to trap heat emerging from the sun’s rays and tend to act in order to keep these plants warm and cold outside. While the Earth may not have a lawyer of clear material, specific molecules present in the atmosphere move ahead to absorb heat, trapping some energy. So when you summarise this, you are left with the precise definition of the greenhouse effect. On the other hand, the many molecules that trap heat are called greenhouse gases.
The Importance of the Greenhouse Effect
Greenhouse gases may not have a hard surface, but they do have a similar effect in keeping our planet warm. Hence, the name greenhouse effect stands to be the ideal description; the mild and suitable temperature that it generates is beneficial for living things and helps us move forward in life. Without this effect, the condition of living on Earth would be similar to that of the moon, and things will head in the wrong direction.
The different types of greenhouse gases include carbon dioxide, methane, ozone, nitrous oxide, fluorinated gases and water vapour. These molecules present in our atmosphere absorb heat and thus are known to be greenhouse gases. The impact that they have over our planet is quite harmful, regardless of how much of these gases are present. When such molecules release heat, they tend to be absorbed by another greenhouse gas molecule.
But importantly, these gases advance ahead to absorb thermal infrared radiation that is emitted by the Earth’s surface. This so-called atmospheric radiation is emitted to all sides that also includes the Earth’s surface. So when these gases trap heat within the surface-troposphere system, the effect that it carries forward is known as the greenhouse effect. Due to that, the actions that we take tend to impact the planet and make considerable changes that are often more than what one could expect.
The call for action against climate change has been going around all over the world. While significant changes have come to the surface, it is not enough to curb the massive destruction that we have bestowed over our planet. As a result, we all need to come together and fight it out by adding more methods and valuable steps. One such important step that we can implement is green buildings. Yes, that’s right. Green buildings are a critical aspect to curb a lot of problems, and we are here to tell you its significance.
1. Minimum Consumption of Energy and Water
Green buildings are designed by focusing on health and well-being in terms of its occupants and environment. As a result, the many aspects that revolve around these buildings are critical to its overall functioning and manages to keep things at a minimum. The consumption of energy and water is also kept at a minimum as the building has the power to reduce its usage. Due to that, when compared to other buildings, it makes efficient use of depleting resources without depleting the same.
2. Eco-Friendly Building Materials
Green buildings are more energy-efficient and optimise its operations by adding solar and other forms of renewable energy. So by using the right set of resources, green buildings tend to lower their impact and bring forward suitable changes. Due to that, one can rightfully classify the building to be eco-friendly, and that statement also goes back to its period of construction. The different methods that they use are in line with nature, and they do not cross the line and leave major impacts.
3. Green Communities
Another essential point about green buildings is the fact that they can promote green communities. The smart city agency can be changed to include eco-friendly methods, and green buildings lie at the very start of such changes. Factors like sustainability and health-oriented approach come into the picture, and we can all be glad about the same. Our access to cleaner transportation, reducing water usage and enhancing green space can all be formulated with the introduction of green buildings. Hence, the future lies safe with green buildings.
4. Minimises Greenhouse Gas Emissions
Greenhouse gas emissions are one among the leading causes of climate change. As a result, it is understood that we need to prevent it and as much as we can save our planet. So by pushing forward green buildings, we are also moving ahead to minimise greenhouse gas emissions. By including such steps, our world will be a better place for the future generation as our actions are going to lay an impact on them.
Climate Change and Global Warming are two essential terms that we have been hearing for the past couple of years. The kind of impact that it can bring to our planet is significant, and as humans, it is time that we educate ourselves about the same and proceed to take action. So considering the importance of being aware, we are here to spread more light on these globally discussed topics. While a majority might be mindful of the same, a few might also back out critical information. Since the importance of action concerns every single human living on this plant, we cannot afford to be unaware of the same. Hence, here’s what you need to know.
What is Climate Change?
Climate change is a significant variation in average weather conditions. Due to these variations, the weather tends to become warmer, wetter or drier over several decades. In other words, it is a long-term trend that brings out a gap between climate change and natural weather variability. So when you summarize these aspects, you come to the realization about the reason why people interchangeably use global warming and climate change. But one must also know that global warming is just another aspect of climate change.
What is Global Warming?
When you look into the past couple of years, the average global temperature has increased at the fastest rate in history. This particular change can be attributed to global warming, and experts believe that the trend is going to accelerate further. While climate change deniers have spoken continuously about the slowdown or pause in rising temperature, recent studies don’t seem to agree. Scientists have also come forward to inform the people that unless we curb global warming, the average temperature could go up by 10 degrees Fahrenheit over the next century.
What are the causes of climate change and global warming?
The natural forces that contribute to climate change include the sun’s intensity, volcanic eruptions and other changes occurring in greenhouse gas concentrations. But the influence of these natural causes is too small or less significant to explain the rapid warming that has been visible in recent decades. On the other hand, the greenhouse gas emissions that we generate onto the plant can be held accountable as the leading cause for change. They tend to cause a majority of the destruction and manage to keep our planet warm. To make things a lot more complicated, the concentrations of carbon dioxide, nitrous oxides and methane have only increased, and this puts us at a difficult spot. The burning of fossil fuels like coal, gas for electricity, heat and transportation needs to be curtailed and limited to a large extent if we wish to overcome climate change.