Page 34 - Green Builder Nov-Dec 2021 Issue

Total Revenue from Fully Electrified taken this route since 2019. This includes San
Jose and San Francisco, the nation’s 10th and
Home Technologies World Markets: 2020-2029 17th most-populated cities, according to the
Sierra Club. Cities in other states, including
$16,000
Massachusetts, Oregon, Texas, New Mexico,
Insulation
Washington and Louisiana have plans under
$14,000 Air Source Heat Pumps consideration or taking effect in 2022.
Heat Pump Water Heaters “We can’t ignore that we are seeing the con-
$12,000 Induction Cooktops sequences of the climate crisis every day,” San
Energy Management Systems Francisco Supervisor Catherine Stefani noted
$10,000 in a report in the San Francisco Examiner.
“Whether it is the impact of sea level rise on
$8,000 our sea wall or the wildfires that are devastat-
SOURCE: GUIDEHOUSE INSIGHTS mate decisions for a very long time.”
we will be paying for the consequences of cli-
$6,000 ing communities locally and around the globe,
$4,000

Decarbonization has two green processes. The
$2,000 THE LAST DEFENSE: CARBON TECH
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
first are Earth’s forests and oceans, which
regularly filter pollution from the atmosphere.
For example, the electrification of homes is expected to increase For thousands of years, this method was sufficient to keep things
substantially in the next decade, with market growth from in check. But over the past 50 years, increasing emission levels
$2.4 billion in 2020 to $12.9 billion in 2029 for electrified home and destruction of natural purifiers such as rainforests and algae
technologies. These include air-source heat pumps, heat pump have caused carbon levels to rise by 90 percent, according to the
water heaters, and induction cooking products. Use of these tech- U.S. Environmental Protection Agency (EPA).
nologies will “improve cost and performance metrics across cli- That brings the other cleaning effort into play: technology. A
mate zones and markets, and lead to high job creation associated slew of tech products and processes are on hand to help slow
with new construction and retrofit projects,” COGNITION notes. the rate of emissions and speed up how fast we dispose of them.
Electrification is not a new concept: more than 37 percent of all They include:
homes nationwide are all-electric, most in the South, according to Direct-air capture. In this process, an industrial plant uses
the U.S. Energy Information Administration. Jurisdictions across massive fans to pull in air and sends it through a liquid or solid
the country are requiring new homes and commercial buildings filter to remove the CO2. The carbon is eventually injected deep
to be all-electric; more than 50 cities in California thus far have into the ground, where additional natural processes turn it into

32 GREEN BUILDER November/December 2021 www.greenbuildermedia.com