The goal of energy efficiency is to reduce the amount of energy required for products and services. Energy efficiency offers a powerful and cost-effective tool for achieving a sustainable energy future. According to the International Energy Agency, improved energy efficiency in buildings, industrial processes and transportation starting now, could reduce the world's energy needs in 2050 by one third, and help control global emissions of greenhouse gases.
Why should we be energy efficient?
- Environmental Benefits:
Energy efficiency is seen as a key solution to the problem of reducing emissions and local air pollution. By reducing the amount of energy we consume we are also reducing the amount of oil that must be transported around the world.
- Financial Benefits:
Reducing energy use results in a financial cost savings. Improvements in energy efficiency can reduce the need for investment in energy infrastructure. Energy efficiency programs provide customers with home improvements that enhance home comfort and increase property values.
- Energy Security:
Political instability of several energy producing countries, the manipulation of energy supplies, and competition over energy sources has led to significant vulnerabilities. Energy efficiency decreases the reliance on imported fossil fuels and protects the economy from possible price fluctuations.