Air Conditioning Is Future Of Electricity
Air conditioner sales will hit $1.6 trillion by 2025. “Global temperatures are rising worldwide due to climate change, and there has been a significant surge in the demand for cooling solutions in recent years,” according to Future Market Insights. Air conditioners are standard equipment in most hot-weather climates in America. They are much rarer in parts of northern Europe and the UK. This is because temperatures there don’t rise above 80 degrees F duing the summer. Heat waves that have raised temperatures by 15 degrees above recent summers should increase demand for air conditioning.
The challenge in poor nations is that only a tiny fraction of the population can afford air conditioning. Many people in these countries live in structures that could barely be called houses. What could and should be for people’s health will never be available. The air conditioning industry is a good example of an economic sector that could do well during climate change but will not.
After a period of record-breaking heat across much of the world, the populations in these regions need to decide how to cope. For decades, the choice for the affluent has been air conditioners. The problem is that the poor will continue to suffer as global warming triggers heat disasters.
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