"The International Energy Agency estimates that energy efficiency will deliver 65 per cent of worldwide carbon cuts in the energy sector by 2020, and 54 per cent by 2030. This means that in 2020 energy efficiency could have almost twice the impact of renewable energy, nuclear power and clean coal combined."
Such were findings of the Energy Efficiency Council (EEC) of Australia, who late last month released report entitled Energy Efficiency: Australia's Low Carbon Opportunity, with the subhead of Boost Profits, Cut Emissions, Create Jobs. The EEC believe that increasing the uptake of energy efficiency could save more greenhouse gas emissions by 2020 than taking every Australian car off the road.
The Energy Efficiency Council also point out that Australian electricity prices are about to rise up to 42% in the next three years, as energy utilities gear up to spend $40 billion AUD over five years expanding the grid. The EEC say customers will wear the flow on of this, the single largest ever investment in the electricity grid. A cost that could be avoided were energy efficiency given more importance.
More information can be found at: http://www.treehugger.com/files/2010/07/energy-efficiency-twice-the-impact-of-renewables-nuclear-clean-coal-combined.php
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