Another damning IPCC report insists that to reduce emissions, humanity will need more political willpower and help from nature's carbon-sequestering powers.
, another abatement technology listed in the report, can help reduce the energy demands of buildings—which are responsible for 40 percent of energy use in the US—because instead of relying on fuel-burning furnaces, they exchange heat between the indoors and the outdoors. Because they’re fully electric, they can be powered by rooftop solar panels.
Paul adds that the price of solar has crashed 99 percent in the past few decades, so more and more people have access to the technology for their homes. The report concludes that the sticking point is investment. While more money is flowing into climate mitigation, it’s not nearly enough. To Paul, it’s best to think of these outlays as seed money. “Contrary to the traditional economist story, decarbonization will be experienced as an economic boom,” he says. “There are plenty of jobs to be had. But it is a real problem that as of right now, we don't necessarily have a trained workforce at the ready for things like retrofitting buildings.
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