The Straits Times published an article on the growing concern around the climate crisis and companies who are working to help reduce carbon emissions. The article shares how the Paris-based International Energy Agency (IEA) recommends that global investments in clean energy must triple by 2030 to be able to achieve net-zero emissions by 2050.
Patricia Espinosa, Executive Secretary of the UN Framework Convention on Climate Change (UNFCC) stated last year, “A swift and broad transition to renewable energy will be essential to achieve the emission reduction goals laid down by the Paris Agreement.”
Energy is an important aspect of life, and is critical to how the world approaches climate change. The article outlines the importance of limiting the warming of the planet, and the adverse effects that could follow if the problem isn’t addressed. These include extreme heatwaves, water scarcity, and more exposure to flooding.
In stressing the importance of companies working to reduce carbon emissions, the article states: “With the goal of catalyzing transformative change, Temasek is looking beyond just wind and solar to new and emerging decarbonization solutions. This includes Eavor Technologies.” Eavor’s advanced geothermal systems are showcased for their closed-loop technology which has a minimal environmental and safety impact.