New Survey Reveals Nearly 60% of Respondents Believe Companies are Making Empty Promises or Will Require Government Intervention to Achieve Net-Zero Emissions
June 07 2022 - 8:00AM
FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in
manufacturing stationary fuel cell energy platforms for
decarbonizing power and producing hydrogen to enable a world
empowered by clean energy – today unveiled the results of a survey
undertaken this May of more than 1,000 U.S. citizens, age 25+, on
their sentiments concerning clean energy. The study revealed
significant concerns about the environment, skepticism around
company climate pledges and carbon credit purchase programs, as
well as mixed views on how to make the biggest impact to meet
tomorrow’s energy and environmental goals.
Key findings from survey respondents’ answers include:
Big concerns
- 78% are concerned that increased consumption of oil, gas and
coal will lead to more environmental issues.
- 87% are somewhat concerned that the recent Russia - Ukraine
conflict will have a negative impact on availability, pricing of
energy resources and overall energy security.
- 32% are most concerned about manufacturing as the industry that
most pollutes the environment. Another 32% responded that energy
production is the most concerning. Agriculture, construction and
transportation/logistics were less of a concern.
Skepticism around corporate promises
- 58% feel that when companies pledge to achieve net-zero
emissions that these are empty promises or will only happen if
mandated by the government. However, 30% are “cautiously
optimistic” that progress is being made towards these goals.
- 41% responded that when a brand’s approach to carbon reduction
is primarily focused on purchasing carbon credits, it’s a good
start, but the brand should be doing more to achieve authentic
solutions.
Solid awareness of hydrogen
- 52% have heard of “clean hydrogen” as a fuel source.
- 50% know what hydrogen fuel cells are.
- 53% are aware that hydrogen can be used to power a
zero-emission car or truck.
Opinions on the way forward
- 60% feel we shouldn’t rely exclusively on wind and solar, or we
need to lean on other clean energy options.
- A surprising 31% of respondents said “better negotiations with
foreign countries rich with resources” or “fracking” would make the
biggest impact on meeting energy and environmental goals.
- 32% said building the infrastructure necessary to store
localized energy resources would make the biggest impact on
goals.
- 30% said that the most important issue as an energy consumer is
increasing reliance on renewable energy. 25% responded that the
most important was to find a transition between the
hydrocarbon-based economy of today and a renewable energy-based
economy.
“This research gives us a snapshot of the concerns top of mind
for people today as they think about the environment and energy
sources,” said Mark Feasel, Executive Vice President and Chief
Commercial Officer for FuelCell Energy. “While some of the
responses related to what would make the biggest impact on meeting
energy and environmental goals were a surprise, what’s nearly
universal is that there are significant concerns about the state of
energy today, and the need for reliability and energy
security.”
About FuelCell EnergyFuelCell
Energy, Inc. (NASDAQ: FCEL): FuelCell Energy is a global leader in
sustainable clean energy technologies that address some of the
world’s most critical challenges around energy, safety and global
urbanization. As a leading global manufacturer of proprietary fuel
cell technology platforms, FuelCell Energy is uniquely positioned
to serve customers worldwide with sustainable products and
solutions for businesses, utilities, governments and
municipalities. Our solutions are designed to enable a world
empowered by clean energy, enhancing the quality of life for people
around the globe.
Contact:
FuelCell Energy,
Inc.fuelcell@escalatepr.com
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