Tag: 2050

  • Buildings should become power plants

    Buildings should become power plants

    The Swiss Federal Office of Energy ( SFOE ) has published its vision for the Swiss building stock by 2050 in a document . By then, the majority of buildings should be able to meet their own electricity needs from sustainable energy sources. The excess electricity is to be used for electric mobility.

    At the same time, the electricity requirements of buildings are to be reduced. Overall, the final energy consumption of the Swiss building stock by 2050 should be around 65 instead of 90 terawatt hours.

    With a few exceptions, there should no longer be any heating oil, natural gas or electricity for direct consumption for heating. Oil and natural gas heaters and stationary electrical resistance heaters are to be replaced by renewable energy sources. Energetic operational optimization should be mandatory for all buildings by 2030.

  • Supporting the science-based 1.5-degree goal

    Supporting the science-based 1.5-degree goal

    In 2021, Pictet’s investment experts developed the Group’s own “Climate Investment Beliefs” as part of a comprehensive process. This initiative is based on two beliefs: Climate change has a significant impact on asset prices. Given its leadership position in the investment industry, it is important for the bank to understand these implications to support performance. As a manager and owner of assets with your investment activities influence on the consequences of climate change. It is therefore the responsibility of the company to find out how it can promote positive effects and mitigate negative ones.

    Dealing with the great ecological and social challenges of our time will require more cooperation and transparency. Joining the Net Zero Asset Managers Initiative and the SBTi’s commitment to the “Business Ambition for 1.5 ° C” reflect these convictions.

    The company is aware that achieving these goals is tantamount to a Herculean task and that efforts can only be successful if all financial actors pull along. It requires fundamental change, as well as long-term commitment and persistence and the contribution of all economic actors. Pictet wants to publish a climate action plan with concrete targets for 2030 in 2022.

    The group looks back on over two hundred years of history, based on a long-term and responsible approach to its own business and the management of its clients’ assets. In doing so, the company not only takes into account the interests of today’s, but also those of future generations. This is the core of responsible thinking and the most effective contribution we can make to a sustainable future on our planet.

  • ESB promotes conversion to solar heating

    ESB promotes conversion to solar heating

    At the beginning of the month, ESB launched a program to promote newly built solar thermal systems in Biel, the energy company informed in a press release . With this, ESB wants to support the Biel climate strategy, it is said there. In particular, ESB wants to contribute to the city's goal of becoming climate neutral by 2050.

    For new buildings, a combination of gas heating and solar collectors is the standard solution for the requirements of the cantonal energy ordinance, writes ESB. The solar collectors could cover 60 to 70 percent of the hot water preparation and an additional 20 percent of the heating energy, writes ESB. According to the report, the greatest energy consumption in households occurs in these two areas.

    With a thermal solar system, property owners “not only make a valuable contribution to climate protection, but also enjoy numerous advantages,” argues ESB. As such, lower costs for heating materials, tax deductions and subsidies as well as a comparatively low cost of maintaining the system are mentioned in the notification.

    The ESB funding program provides for 250 francs per square meter of collector surface up to a total system size of 50 square meters. Anyone who installs a larger system can submit a request for additional support. ESB provides detailed information on the Internet .