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A Push for Pragmatic Sustainability Solutions
Organizations across the U.S. continue to set emissionsreduction targets in line with Environmental, Social, and Governance (ESG) goals and influenced by ecoconscious investors. But, despite growing demand (and excitement) for a push toward cleaner energy generation andconsumption, clean energy sources meet just 12 percent of our global energy demand.
To fill the gap in clean energy supply, renewable energy infrastructure needs to grow at a pace much faster than it currently is. In turn, the conversation around our sustainable energy future is expanding to include the lowest-carbon solution that’s affordable, available, and reliable — notably, natural gas, which results in half the carbon emissions of coal. And, as coal production drops, natural gas will serve as an essential part of energy consumers’ net-zero strategies.
Instead of an “either/or” scenario, we can meet some carbon emissions targets simply by moving away from coal consumption. Of course, a growing global dependency on natural gas will require storage growth here in the U.S., as well as support for infrastructure enhancements.
GREEN ENERGY SOURCES CURRENTLY MEET JUST
12% OF ENERGY DEMAND
FROM 2020 TO 2030, BATTERY STORAGE CAPACITY WILL EXPAND FROM
1.5