How a pragmatic approach to climate change can benefit your bottom line?
Invest in green energy
Many consumers make investment choices based on the environmental choices a company makes:
Global investment in renewable power and fuels totalled $214,000,000,000 in 2013, excluding large hydro-electric projects.
Developing renewable energy could:
- Stimulate more than $137,000,000,000 in renewable energy investments.
- Create over 200,000 direct jobs.
- Provide electricity for 7,000,000 homes.
SRI (social responsible investments) investing grew more than 22% from 2010-2012.
Alternative energy mutual funds gained an average of 28% year-over-year through June 2014.
Steer an electric vehicle
Drivers are increasingly getting a charge out of electric automobile:
The cost of fuelling an electric car is roughly 1/3 the cost of driving a gas-powered vehicle.
Most all-electric vehicles and plug-in hybrid vehicles can top 100 miles per gallon of gasoline equivalent, based on EPA auto industry mileage standards.
Owning a Nissan Leaf, one of the top-selling electric vehicles, can save you at least $1,000 in the first year alone, compared to one of the top-selling conventional sedans, like Honda Accord.
Advanced batteries can last up to 15 years.
Some manufacturers offer 8 years / 100,000 mile warranties.
Assess sustainable home solutions
A variety of money-saving upgrades are available:
Nearly $200 can be cut from annual heating and cooling bills by upgrading to Energy Star-qualified HVAC equipment.
Additionally, about 20% of heating and cooling costs can be shaved in the home using insulation.
Solar is increasingly affordable
Payoff in savings over a 20-year period averages $20,000 per homeowner nationwide, though in several states savings surpass $30,000.
Government incentives and smart financing plans are helping people get into solar for little-to-no money down.
The average price of a solar panel declined 64% in the past 4 years.
1,500,000 average American households could be powered with new solar electric capacity set to come online in 2014.
Residential homeowners leasing solar systems report saving between $70 and $110 monthly on their electrical bill with solar.
Source from visual.ly