Carbon-Free Economics Strategies

 

In recent years, corporate leaders have come under unprecedented pressure to substantiate sustainability commitments with practical action.

Investors and consumers, and increasignly regulators, are expecting companies to quantify and disclose their efforts towards reducing their carbon emissions.

A green economy is defined as low carbon. At Apollo Energies we believe a green economy is carbon-free economy. Petroleum products will slowly be replaced as alternatives are found, but for transportation and building conditioning, the two largest emitters of carbon dioxide (CO²), a carbon-free economy means eliminating CO² emissions.

Extreme Heat Reduce Productivity

The kind of extreme heat scorching the U.S. of late isn't just uncomfortable, it makes workers less productive and costs billions of dollars in lost economic activity.

Studies from the Atlanta Council, on the effects of Extreme Heat: The Economic and Social Consequences for the United States, speaks to the need to work towards lowering global temperatures.

Labor-intensive outdoor professions are most exposed to the debilitating effects of soaring temperatures. Research shows excessive heat can impair workers' cognitive abilities. Hot weather can increase absenteeism and leading workers to quit early, reducing the number of hours spent on the job.

Closer to Home!

The United States has historically faced periods of extreme heat, but climate change over the next 30 years could make these events more frequent, widespread, and severe.

The economic and societal consequences of extreme heat are pervasive. Impacts encompass reductions in GDP, as workers and infrastructure systems become less productive, as well as detrimental effects on well-being, as healthcare outcomes worsen and people are unable to access outdoor space.

Impacts include transitory ones, from people enduring uncomfortable conditions and workers taking sick leave, and enduring losses, for example, due to interruptions to education or property damage from wildfires which can be more severe due to extreme heat's effect on the environment.

Tourism and other leisure activities are also affected as temperatures rise, making walking, shopping, and sightseeing uncomfortable and potentially dangerous.

Exposure to temperatures greater than 85°F lead workers to reduce their workdays by an average of one hour, compared to when air temperatures are 76–80°F, other studies have shown.