Energy Efficiency Pays. A lot.
Posted by alexandra at July 31st, 2009, in
Your ticket to $1.2 trillion?
A recent report by the consulting firm Mckinsey found that companies, industries, government, and yes, even you and I, can achieve huge savings through energy efficiency by 2020.
According to a Senior Partner in Mckinsey’s Atlanta office, the potential emissions savings are equivalent to the total emissions of Canada , and could offset any expected increase in US energy consumption over the next decade. More importantly, everyone can save lots of money. Actions taken by individuals in their residences amount to 35% of an estimated $1.2 trillion in cost savings, or $420 billion across the country. Sure, each person who takes some efficiency measures gets only a crumb of that in savings. But it’s a pretty big pie.
The kinds of actions referred to in the report are easy enough to take: when you need to replace appliances, especially energy-intensive ones like air conditioners, buy EneryStar rated appliances. Use CFL lightbulbs. Make sure your house is well insulated. Etc. (Check here for some of the most profitable and energy-efficient replacements).
1 Response to “Energy Efficiency Pays. A lot.”
Its very true, and also quite scary how much these simple changes make a massive difference in emissions. It should be law that new homes are tested for the utmost efficiency and all appliances should be energy star related. That would go a long way in changing things for the better of our future here!
Dave
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