Saturday, January 30, 2010

Massive Gains Possible from Energy Efficiency, Says McKinsey & Co.

There is a McKinsey report out that shows the potential savings of non-transportation energy in the U.S. simply through efficiency.

According to the report, we could (emphasis mine):
reduce annual non-transportation energy consumption by roughly 23 percent by 2020, eliminating more than $1.2 trillion in waste – well beyond the $520 billion upfront investment (not including program costs) that would be required. The reduction in energy use would also result in the abatement of 1.1 gigatons of greenhouse gas emissions annually – the equivalent of taking the entire U.S. fleet of passenger vehicles and light trucks off the roads.
For a pdf copy of the report's executive summary, click here.

For the full 165-page report, click here.

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