The IEA recently released a report on the many benefits of energy efficiency. Not only does smarter use of energy relieve consumer spending on energy, but it also has other economic and social development benefits. Still, efficiency is often overlooked as a tangible and realistic goal. A recent blog post on the Carbon Brief examines why we haven’t taken up energy efficiency with more enthusiasm and gusto. The post points to a few barriers. Among them is the fact that efficiency does not have the same buzz as exciting renewable-energy projects. Another is that efficiency initiatives require spending now in order to reap benefits later, and that initial cost seems to hold efficiency back. Although there are great benefits to promoting efficiency, there’s a lot of work to be done to help it reach its full potential.
If energy efficiency is so great, why aren’t we doing more of it?
Carbon Brief, September 9, 2014
The International Energy Agency (IEA) says investing in efficiency can boost growth, jobs, health, government budgets, industrial productivity – and those are just the benefits backed by robust analysis.
It’s an impressive list of benefits. So what’s going wrong?