- A recent report published by the IEA revealed that global carbon emissions rose by 0.9% YoY in 2022, hitting a record 36.8 gigatons
- With households accounting for 30% of global greenhouse gas emissions, GeoSolar Technologies has focused on building out renewable energy solutions for homes
- U.S. households have been slow to adopt renewable energy. As of 2020, only 3.7% of U.S. households derived their electricity from solar energy versus nearly 33% in Australia
- The recently passed Inflation Reduction Act (“IRA”) in the U.S. will seek to augment that figure in the U.S., with homeowners able to benefit from an array of tax credits and rebates on any purchases of energy efficient technology
Global carbon emissions hit a new record in 2022 according to a newly published report by the International Energy Agency (“IEA”), with emissions of the greenhouse gas rising by 0.9 percent year-over-year to 36.8 gigatons – the physical equivalent of 3.6 million fully loaded aircraft carriers (https://ibn.fm/pz1e9). What makes the statistic even more remarkable is the context under which it was achieved. China emits 27 percent of the world’s carbon dioxide output and accounts for upwards of a third of global greenhouse gas emissions, yet for much of the past year, the nation’s economy has found itself at a virtual standstill – a byproduct of the Chinese government’s stringent Zero Covid policies. Accordingly, the publication of the IEA’s report has been met with some consternation by the global scientific community.
“Any emissions growth — even 1% — is a failure,” said Rob Jackson, a professor of earth system science at Stanford University and chairman of the Global Carbon Project, an international group. “We can’t afford growth. We can’t afford stasis. It’s cuts or chaos for the planet. Any year with higher coal emissions is…
NOTE TO INVESTORS: The latest news and updates relating to GeoSolar Technologies are available in the company’s newsroom at https://ibn.fm/GST
About Green Energy Stocks
Green Energy Stocks (GES) is a specialized communications platform with a focus on companies working to shape the future of the green economy. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the InvestorBrandNetwork (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GES is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GES brings its clients unparalleled visibility, recognition and brand awareness. GES is where news, content and information converge.
To receive SMS text alerts from Green Energy Stocks, text “Green” to 844-397-5787 (U.S. Mobile Phones Only)
For more information, please visit https://www.GreenNRGStocks.com
Green Energy Stocks
Los Angeles, CA
Green Energy Stocks is part of the InvestorBrandNetwork.