Business View Magazine - Sept 2023

10 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 9 than 7,400 metric tons of GHG emissions— the equivalent of emissions generated from burning more than 4 million tons of coal. These proactive measures, along with financial incentives, are influencing crucial decisions about buildings and infrastructure, both for compliance and long-term viability. Fortunately, technologies and solutions exist today to address both aspects simultaneously, starting with climate solutions that rely on electrification instead of fossil fuels. Innovative decarbonizing technologies including high-efficiency, fully electric heat pumps, thermal energy storage and solar solutions are helping enable a zero-emission future. And with the Inflation Reduction Act (IRA) unleashing billions of dollars in rebates and other incentives to spur investment and innovation in green technology, home and business owners alike are helping accelerate positive environmental impact. From coast to coast, there is a growing desire to decarbonize buildings and operations. More than 100 jurisdictions have adopted codes, building performance standards and/or benchmarking policies in pursuit of decarbonizing—often electrifying the built environment. By adopting a whole-of-society approach—where commercial ingenuity meets regulatory requirements—we can accelerate clean technologies and bolster the adoption of more energy efficient solutions that will create a better future for all. Solving major global challenges like climate change and achieving aggressive carbon emission reduction goals requires courage, collaboration, innovation and action, and the urgency grows with each passing day. From industry and sector leaders in the built environment, to federal and local governments, to world leaders—we all must do our part. Let’s innovate, build and scale the sustainable solutions that will enable successful emissions reductions. We cannot wait, and, with innovative building and energy solutions available today, we don’t have to. These proactive measures, along with financial incentives, are influencing crucial decisions about buildings and infrastructure, both for compliance and long- term viability. Fortunately, technologies and solutions exist today to address both aspects simultaneously, starting with climate solutions that rely on electrification instead of fossil fuels.