September 20, 2018 @ 7:56a PST, Irvine, California, USA
Who doesn’t know about Hurricane Florence? The devastating hurricane rattled Wrightsville Beach, North Carolina on September 14, 2018. Hurricane Florence is the first major hurricane of the 2018 Atlantic hurricane season, and only the sixth named storm in history.
Hurricane Florence took the lives of 25 individuals and more than 4,300 homes were either damaged or destroyed. However, the question arises: what is the exact cause of such hurricanes? Is it a punishment from God to awaken the stubborn by striking them with a hailing disaster? Are they the work of Mother Nature alone or abetted by men? If the latter, is there anything that can be done to prevent such natural catastrophes in the future?
The first thing we need to understand and remember in this regard is that climate change is real and it’s happening.
The first thing we need to understand and remember in this regard is that climate change is real and it’s happening. Human-induced climate change is having a significant impact on the environment and society. There is no doubt that it’s one of the most pressing challenges of our time.
One of the major causes of natural catastrophes is the usage of fossil fuels. These are nonrenewable energy sources. The continuous extraction of these resources from the Earth is damaging our environment and causing a shift in our planet that is unusual. We have experienced a 40% increase in atmospheric carbon, which shouldn’t be surprising considering all that we’ve done to our environment. The gradual heating up of planet Earth is only one of the impacts bestowed upon us by the rising levels of carbon in our environment.
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In order to counter these adverse impacts on our environment, it’s essential to shift our focus to renewable energy. We need to build renewable energy projects, but such undertaking obviously require substantial investments. From 2004 to 2014, global investments in renewable energy increased from $45 billion to over $270 billion.
An increasing number of institutions are building their solar knowledge or working with expert third parties to move up the learning curve…
Renewable energy accounted for 48% percent of the world’s new generating capacity, thus increasing the global share of renewable energy to over 9%. This, in turn, created new opportunities for investors. “An increasing number of institutions are building their solar knowledge or working with expert third parties to move up the learning curve,” says Michael Megarit, Chairman of Vasari Energy, Inc.
From atmospheric carbon to global warming, the fact is there are numerous immediate causes urging people to invest in this sector. In this regard, it’s important for investors to know that over the next two decades, the physical and policy implications of a changing climate will increasingly affect the future performance of American businesses, urging them to focus on renewable energy and clean technology. This is bound to attract investor interest to focus in areas such as solar, wind power, agriculture, and rebuilding innovative infrastructure.
Investors, however, can play a huge part by being pioneers in saving the planet.
Natural disasters bring about emotional, mental and physical losses. Investors, however, can play a huge part by being pioneers in saving the planet. By investing in renewable energy, investors will not only contribute to achieving climate change goals set by the Paris Accord and the United Nations, but also have the potential to earn attractive rates of return on their investment. Industry analysts and economists indicate that development of clean energy power plants and expansion of the industry will continue for decades.
Ꙉ The greatest way to travel through innovative changes is that of a renaissance man.
ABOUT THE AUTHOR: Jake Cheng is the Director of Business Development for Vasari Energy, Inc., based in Irvine, CA, and has nearly a decade of experience working in the international business development sector focusing on finance, expansion and renewable energy. Jake has worked directly with engineers and environmental specialists in obtaining necessary information for permitting and sourced land deals for potential construction ready assets.
This is a sponsored content by Vasari Energy, a company that seeks to capture growth in the fast-growing solar energy market by investing in the development of utility, commercial, industrial, municipal, and community solar power systems, and by making strategic acquisitions to rapidly build revenue.
