The 8 Factors Driving Global Industrial Efficiency

Right now, industry accounts for around one-third of the world’s energy use — more than any other end-use sector of the economy.

Additionally, industrial energy demand is projected to increase by as much as 44 percent over the next twenty years, particularly in emerging and developing countries. This, of course, means there will be an unprecedented increase in the greenhouse gas emissions that are associated with climate change.

To avert this course, we will need to cut our annual global energy use by a quarter by 2020. It will take a major shift toward energy efficiency and smarter resource use to ensure industry plays its part by becoming more efficient and productive.

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