The cost of staying cool when incomes heat up
Monday, April 27, 2015 - 16:30
in Mathematics & Economics
The continual increase in global incomes means people are living more comfortably, including having the ability to afford air conditioning. Staying cool is good but there's a wealth of fallout. The demand for more "AC" will also cause consumers to use more electricity causing stress on energy prices, infrastructure, and environmental policy, according to a new study.