Why Does Energy Efficiency’s Promise Remain Unfulfilled?

Why Does Energy Efficiency’s Promise Remain Unfulfilled?

Among the many measures the world can take to wean itself off fossil fuels, few match the benefits of making homes, business, and cars more energy-efficient. But financial and psychological barriers have kept individuals, businesses, and governments from realizing efficiency’s great potential.

Study Says Energy Efficiency Can Save The United States $1.2 Trillion

The United States has the potential to save more than $1.2 trillion in energy costs and cut consumption by 23 percent by 2020, according to a report released last week by global management consulting firm McKinsey & Co. The comprehensive energy-efficiency strategy cited in the report removes approximately 1.1 billion tons of greenhouse gas emissions annually — the equivalent of taking the entire U.S. fleet of light trucks and passenger vehicles off the roads. It also could produce savings that exceed California’s total annual energy consumption.