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Energy Efficiency The Key to Net-Zero Goals
Here is an article from Money Control. According to it:
- Energy-efficient appliances are crucial for reducing greenhouse gas emissions and addressing the rising energy demand, especially in India, with data-driven solutions enhancing climate crisis management.
- Super-efficient appliances can improve access to renewable energy for low-income communities, promoting climate-friendly living.
- Government initiatives like the LED revolution are significant in reducing environmental harm and ensuring equitable energy access.
Here are some key insights that show the importance of energy efficiency in the world's decarbonisation goals:
- Just in 2021, the United States cut carbon emissions by 78% due to energy efficiency investments, as per a report by BCSE
- As per a report by the UNDP, application of energy efficiency labelling & Minimun Energy Performance Standards(MEPS) for lighting, cooling and equipment alone is an investment opportunity of $250 million, with an expected return of $280 million
- Nearly $700 billion has been invested in energy efficiency support since 2020, , with 70% of investments concentrated in the United States, Italy, Germany, Norway, and France, according to the IEA’s Government Energy Spending Tracker.
