On July 6th, 2018, Swytch, a blockchain-based clean energy incentive, declared the outcomes of an innovative study that shows Americans throughout the country, from the National Rifle Association (NRA) to Greenpeace, are in favor of renewable energy.
Latest innovations in renewable energy technology have considerably decreased costs and rendered renewable resources an economically viable alternative. Swytch commissioned a survey of more than 1000 consumers across the United States to gain better insights into the attitudes and options around renewable resources and clean energy trends.
About 73% of respondents in Republican (Red) States and 74% of respondents in Democratic (Blue) States are anxious that not much effort is being made to check climate change. More than 75% of residents in both Blue (80%) and Red (77%) States are of the notion that the government should provide incentives (for example, tax credits) for the expansion of renewable energy businesses. Furthermore, more than 63% of the people surveyed in Blue States and about 60% of those surveyed in Red States believe that the government should take steps to subsidize renewables.
Through the survey, it was also found that a formidable majority (92%) of Americans consider that renewable energy is either highly significant or fairly significant to the Earth’s future, and more than 81% of respondents consider that solar power is the most vital. Astonishingly, NRA members are more than twice as likely (38%) to have solar panels when compared to the general population (17%). In terms of generation, Millennials are the most likely (21%) to install solar panels than Baby Boomers (11%) and Gen X (12%).
The positive sentiment in relation to clean energy is ubiquitous. As a matter of fact, 75% of both NRA and Greenpeace members consider that it is necessary to award businesses for the production of clean energy. Approximately 48% of respondents said that their main motivation for shifting to clean energy would be saving money, and more than 37% sait that they would shift to decrease their environmental impact.
Over the last couple of years, people around the world have become more aware of the negative impact that climate change is having on the Earth. Renewable energy technology has seen vast improvement, but due to the lack of effective global mechanisms, the transition to sustainable energy production has failed to take hold. Swytch provides a smarter way to incent companies, municipalities and investors to flow capital into the projects that will have the biggest impact on CO2 emissions.
Evan Caron, co-founder and managing director, Swytch
Following are the other intriguing facts from the survey:
- More than 80% of Gen Z consider that not much effort is being made with respect to climate change, compared to just 66% of Baby Boomers
- More than 90% of Gen Z consider that businesses ought to take responsibility for decreasing the carbon footprint of Earth, compared to nearly 74% of Millennials
- Nearly 92% of the respondents would be more incented to install solar panels upon having a battery to store the extra energy generated, and 88% would be more incented upon having a way to sell the extra energy generated