While it may feel like the other side of the world, Russia’s invasion of Ukraine will have lasting effects — including sparking the European Union’s hasty transition to energy independence. Last month, the EU announced a $300 billion roadmap to ditch Russian energy — mainly oil and gas. The EU said it would slash consumption of Russian gas by 66% by the end of the year, and break its dependence completely by 2027 by saving energy, finding alternate sources and speeding up the transition to renewables, according to ABC News.
New technical assistance capacity will help the federal government lead by example in demonstrating benefits and potential of decarbonizing buildings with geothermal energy.
Plenty of opportunities lie within the U.S. boiler market. According to an August study by Global Market Insights, boiler market revenue is expected to reach $4 billion by 2028.
The company’s white paper details how the tool can be used to quantify energy use and environmental impact through various policy scenarios for residential and commercial space and water heating solutions in buildings.
Exactly 16 years to the day after Hurricane Katrina slammed New Orleans leaving 1,800 people dead, Hurricane Ida made landfall as a Category 4 hurricane with 150 mph winds.
The task force has been established to develop technical resources and provide leadership and guidance in mitigating the negative carbon impact of buildings on the environment and the inhabitants of our planet.