While attending COP26 in Glasgow, Scotland, Think Greener, LLC heard some inspiring news brining hope to humanity as it relates to the renewable energy sector! World leaders pledged to phase out inefficient subsidies for fossil fuels. Did you know $420 billion is spent every year by governments around the world to subsidies fossil fuel? The top five countries are Iran at just under $30bn, China 26bn, India 24bn, Saudi Arabi 16bn and Russia 14bn. This funding must stop and thanks to #COP26 we are on the right pathway forward. Renewable energy is a key solution to keep the world within the limits that are required to avoid the tipping point of no return as it relates to global… Continue reading
As the world enters an epic energy transition, decentralization of large power plants and switching to regional renewable infrastructure, like wind and solar, are critical. This is an incredible undertaking the construction industry must support!
More than $4 trillion will be spent by 2030 to meet our net zero goal! It will also require tripling the amount of current production of renewables such as wind and solar. In the next decade, the United States is expected to spend $1trillion on renewable energy.
For this energy transition to become a reality, the world needs to come together and scale up financing, specialized engineering teams, pre-construction and construction processes, consultants, labor, procurement of materials, transportation, and technology. Innovations in technology… Continue reading