U.S. Could Save $1.2 Trillion…
A new report finds that the low-hanging fruit of energy efficiency is the “single most promising resource” in pursuing energy affordability and security.
In addition to the tremendous savings potential for consumers and businesses, the report, by the global consulting firm McKinsey and Company, finds that elevating energy efficiency to a national priority could also spur the creation of 600,000-900,000 long-term green jobs and reduce our overall energy consumption by 23 percent.
Energy efficiency is an enormous (and enormously cheap) energy resource for the U.S., “but only if the nation can craft a comprehensive and innovative approach to unlock it.”
The investment, according to the report’s authors, would be about $522 billion over the next ten years, not including program implementation. But an investment of that scale could slash energy consumption in 2020 by 9.1 quadrillion BTUs, or 23% of projected demand, potentially avoiding up to 1.1 gigatons of greenhouse gas emissions annually.
This article can be found on Celsias.com
Tags: green jobs, Greenhouse Gases
October 5, 2009 8:56 pm 
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