Demand Rising For Action On New Energy, Climate Crisis

Consumer and business concerns about climate change rising, despite COVID-19

July 13, 2020 (Smart Energy International)

“Clean energy efforts and climate action by residential consumers and businesses are poised to accelerate despite economic downturn…[Consulting firm Deloitte’s global survey data shows nearly] 6 in 10 businesses surveyed feel increased pressure to disclose climate risks…[Nine in 10 have] developed plans to address those risks…53% of surveyed residential consumers feel it’s extremely or very important that part of their electricity supply comes from renewable energy…[Sixty-five percent] renewable energy development boosting the national economy, the highest level since 2014…[Up to 68%] said they were “extremely or very concerned” about climate change and their personal carbon footprint…[M]ost consumers (80%) surveyed expect others, such as the government and corporations, to address climate change…

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[A]bout a third of respondents expect action from their employers…More than a third of respondents who identified as full- or part-time employees, students, and/or job seekers said it’s extremely or very important to work for a company with sustainability and/or climate-risk goals, and this sentiment rose to nearly 50% among millennials…The stakeholders seen as most active are employees (49%), followed by board members (42%), customers (41%) and shareholders (37%)…Sixty-three percent of businesses surveyed have increased emission reduction goals whilst 75% of business respondents said customers are asking them to procure renewable energy…More than half (51%) of businesses said they’re working to procure more electricity from renewables…[T]he highest share of electricity supply was generated with cogeneration (15%) and renewables (13%)…” click here for more

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