- Nearly a decade has passed since approximately 200 government entities met in Paris, ratifying a binding agreement to work toward reducing pollution and its negative impacts on global climate
- Louisiana-based Correlate Infrastructure Partners is helping to educate corporate clients on both the affordability and potential profit offered by ESG solutions that reduce their greenhouse gas impact
- CIPI’s Correlate, Inc. and Loyal Enterprises LLC (dba Solar Site Design) subsidiaries provide related help on acquisitions and project development, as well as resource financing
- A recent report by consulting firm McKinsey & Company forecasts growing adoption of renewable energy solutions by the public, but at a pace that will, at the current rate, fall short of the established Paris goals
Purpose-built energy use optimization company Correlate Infrastructure Partners (OTCQB: CIPI) works with business clients to improve their facilities’ consumption of utilities and production of greenhouse gases. Environmental, social and governance (“ESG”) initiatives have become increasingly important amid concerns about climate change and its expected negative effects on society.
In April, Renewables e-magazine noted that green energy solutions are increasingly forming the basis for utilities related decisions, and that global management consulting firm McKinsey & Company’s latest report on the energy sector predicts that by the end of the decade approximately 50 percent of power resources will be based upon renewables, and that this percentage will rise to 85 percent by 2050. The costs of implementing solar or onshore wind power have previously made such solutions inaccessible to some companies and utilities. However, as their expense has fallen, they have become more attractive.
“Rapid technological developments and supply chain optimization have collectively halved the cost of solar, while wind costs have also fallen by almost one-third,” McKinsey senior partner Christer Tryggestad stated in conjunction with the report (https://ibn.fm/JQ5lw). “However, even if all countries with net zero commitments deliver on their aspirations, global warming is still expected to reach 1.7°C. To keep the 1.5°C [Paris Agreement] pathway in sight, even more ambitious acceleration is needed.”
The 2015 Paris Accords have had nearly a decade to work on the public consciousness of concerns about changing weather patterns which scientists verify are prompted by manmade pollutants. Political factions, resistant to changes and decisions that might include higher costs in order to reduce pollution, have slowed the pace of new policy adoption, but activists continue to see optimism in the trends toward large-scale acceptance.
Still, the McKinsey report’s statement that the countries involved in the agreement are only on pace to achieve a 1.7 degree increase over pre-industrial levels by mid-century indicates that the global climate is still going to experience upheaval if a larger response doesn’t occur.
Correlate Infrastructure Partners provides education to companies and organizations on both the affordability and potential profit of their environmentally friendly solutions. Through CIPI’s advisory assistance on acquisitions and project development, paired with development and financing resources, the company is helping to turn ESG strategies into a financially viable reality.
Clients simply need to provide CIPI with 12 months of utility bills and opt-in to CIPI’s advisement. Determined solutions may involve improvements to HVAC, mechanical, electrical and plumbing processes, the addition of solar upgrades, water optimization and antimicrobial airflow, the strategic procurement of energy sources, vehicle electrification, and master controls that provide intelligent oversight of any retrofits. The reporting process provides a thorough and transparent analysis of what is achieved through these solutions, and how they can represent not only affordability but potential profit for the companies and organizations being served.
For more information, visit the company’s website at www.CorrelateInfra.com, including the following:
- Breaking Down Barriers To Your ESG Goals While Generating Additional Net Operating Income: www.CorrelateInfra.com/our-process
- Platform Generates New Rent And Operating Income, Allowing You To Meet Your ESG Goals: www.CorrelateInfra.com/program
NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI
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