Air Conditioner Sale Will Reach $1.4 Trillion As Temperatures Surge
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After a period of record heat across most of the world, the populations in these regions need to decide how they can 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.
Heat News –ER Visits Rise
Air conditioner sales will hit $1.6 Trillion by 2025. “Global temperatures rising worldwide due to climate change, 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 moved temperatures 15 degrees higher than in recent summers should ramp up the demand for air conditioning.
Poor Nations
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 future is a good example of a part of the economy that could do well during climate change but will not,
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