Awning sales and installation are getting more expensive, and that could have a big impact on the quality of homes in suburban areas across the country.
The Associated Press reports the cost of replacing awning material that comes from recycled lumber is rising, and the problem is expected to cost the average homeowner $10,000 to $20,000.
The AP also reports the average residential home will have to be replaced by 2030, an increase from 2020.
The problem is a result of a federal law known as the Renewable Fuel Standard.
If the law goes into effect, the federal government will spend up to $50 billion annually to pay for the fuel subsidy, and there’s little question that the government will find that more money is needed to pay off the bills.
While there’s plenty of room for improvement, the government can do more.
The federal government could also create a National Reinvestment Strategy to invest in energy efficiency and renewable energy technologies, as well as to expand and modernize existing energy infrastructure.
But the AP reports that federal agencies have been slow to act on climate change, and as a result, the country will continue to experience a growing number of heat waves, droughts and extreme weather.