THE IMPACT OF HEATING & COOLING OUR BUILDINGS
Buildings are responsible for almost one-third of total global energy consumption and nearly 15% of direct CO2 emissions.
In Australian commercial buildings, the latest findings show that typically 60-65% of the energy consumed is used up by heating and cooling. So closing the gap in this area, even just a bit, could take a big chunk out of future emissions.
And the world's appetite for cooling is on the rise.
The International Energy Agency reports that the energy used worldwide to cool our buildings has more than tripled since 1990. And this demand will continue to increase with rising living standards and rising global temperatures.
The sad irony is, this cooling problem is in a destructive feedback loop. Rising temperatures leads to more air-conditioning. And more air conditioning means more emissions, which leads us back to rising temperatures.
So the problem needs a circuit breaker, and we believe HAL can be part of the solution.
“…The biggest bang comes from making buildings more energy-efficient, say by installing….smart heating and cooling systems”
The Economist, ‘What is the cheapest way to cut carbon?’, February 2021