Carbon emissions, generated from burning fossil fuels, are one of the leading causes of climate change and have been an issue of global concern for decades. In Singapore, the Housing and Development Board (HDB) is a major contributor to carbon emissions in the country, making up for about 40% of the nation’s total. To reduce carbon emissions, the HDB has installed solar panels on several of its buildings and has plans to install more in the future, in an effort to reduce its carbon footprint.
To understand the potential impact of HDB’s solar panel installations, it is important to first understand the various factors that influence carbon emissions. These include population growth, economic growth, technology advances, energy production, and energy efficiency. For example, economic growth leads to increased energy demand and thus, increased carbon emissions. Similarly, technological advancements in energy production can reduce carbon emissions by increasing the efficiency of …