According to a report, renewable energy can help to recover the economy from Covid-19 by spurring GDP gains of almost $100tn between now and 2050. It has been found that by investing more in renewable energy, the world can get huge economic benefits and it will help to tackle global climate emergency as well. A solar water heater can play an important role in this regard as it can kick start economic growth and can also help to meet climate targets.
The report also said that, if we can work towards the development of renewable energy then this new sector can increase the rate of employment and can improve the global health and welfare scores. The government can achieve multiple economic and social objectives by accelerating investment in the renewable energy sector and by making this energy transition an integral part of the recovery, the government can contribute towards a better future for the next generation.
It has been also found that renewable energy can curb the rise of global temperature by reducing the emission of carbon dioxide from industrial units. If all industrial units can install industrial solar hot water heaters then they can reduce the consumption of coal and fuel and can also reduce their electricity bills. Renewable energy can play a vital role in reducing carbon emission from industries and transport and this can help the world to reach zero-emission by the end of 2050.
Nowadays, clean-burning fuels are being used by many industrial units. Clean-burning fuel can be made by using a vast amount of clean electricity. Here, electricity is used to split water into hydrogen and oxygen elements. This clean-burning fuel can replace fossil fuel gas which is used in steel and cement making industries in huge amounts. Many solar water heater manufacturers in India are working hard to induce advanced technology in the solar water heaters for homes as well as for industries because they strongly believe in conserving the environment by pursuing a modern, clean and healthy energy system.
After this Covid-19 outbreak, Dr. Fatih Birol, the head of the International Energy Agency said, “A green recovery is essential as we emerge from the Covid-19 crisis. The world will benefit economically, environmentally, and socially by focusing on clean energy. Aligning economic stimulus and policy packages with climate goals is crucial for a long-term viable and healthy economy.”
Thus, most of the industrial sectors are gradually shifting to renewable energy from non-renewable energy. They contributed their first step towards this ‘green movement’ by installing solar water heaters for their industrial work. A solar water heater usually costs more to purchase than a conventional water heater. However, a solar water heater can help you to save your money in the long run.
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