Time really is money, especially when you’re talking about climate change. A recent New Scientist report highlights how two years of inaction on global warming has cost the world $8 trillion, a vast sum in anyone’s book.

The International Energy Agency (IEA) report, which looks at the cost of converting to green electricity to keep global warming below 2 degrees centigrade, found that it’ll cost a whopping $44 trillion more to go green in 2014 than it would to stick to the current fossil fuel mix. It’s a vast amount of money… but the longer we wait, the more it will cost. 2012′s calculation, for example, came in at a much lower $36 trillion.

Yes, going green is horribly expensive. But there’s good news – it will result in even bigger long term savings, an estimated $115 trillion by 2050. It’s clear that long term thinking is what we need from those in power, but it isn’t what we’re getting, and it will cost the next generation dear.

New renewable energy sources due to hit the 50% mark

At the same time countries all over the world are announcing increasing percentages of new renewable energy sources. In many cases the 50% tipping point is within easy reach. Even the USA, not traditionally known for its environmental responsibility, announced in late 2012 that 46% of its new energy projects were sustainable, generated from renewable sources.

Closer to home, in Scotland, renewable energy sources are fast taking over. According to Scottish Renewables statistics, in 2013 onshore wind generated more than half of all the country’s renewable electricity output, and hydro power is also a particularly fast-growing source. In their words:

Hydro power contributed almost one third of renewable electricity output, and while although other technologies such as biomass and marine energy currently make a smaller contribution, they have massive potential for growth in the future. ”

So… on one hand the world’s governments are prevaricating about climate change and their inaction is costing us a mega-fortune. On the other hand, renewables are finally beginning to tip the balance. But why does it matter in the context of mechanical ventilation heat recovery systems?

MHVR technology win-win: save money and reduce CO2 emissions

The scarcer and more difficult it becomes to extract fossil fuels, the more they will cost. It’s basic economics, the economic principle of supply and demand. But renewables are, by their very nature, renewable, and once they take the stage energy prices may well start to drop. Until then it makes sense for everyone who can make a difference to make a difference, and benefit from lower energy bills while they’re at it.

Take the moral high ground with your next new build – MVHR = USP!

How can you cut your energy usage, minimise the cost of heating and cooling your home or commercial premises and at the same time play your part in reducing CO2 emissions? Because MVHR systems use energy so much more efficiently, you use less of it and it costs you less. At the same time, you’re responsible for emitting less CO2 than if you fit a traditional heating system into a new build.

In fact energy costs so much these days that any effort you can make to reduce the burden gives you an instant commercial benefit. If Joe Bloggs down the road is building a development of new homes using traditional heating systems and you’re building one with MVHR fitted as standard, you’re onto a financial winner with a hard-to-resist USP. When it comes to selling, you win.

While too many of the planet’s governments twiddle their thumbs, scared to act definitively to combat climate change in case the voting public objects, you can make a difference. If you’re considering a new build let’s talk MVHR… let’s make the future a better place.