The hot economies of China, India and Brazil will more than double their energy use and greenhouse gas emissions within a generation with major impacts on global energy markets and the global climate, unless energy efficiency efforts are successful, according to new research published Monday.
But retrofits such as high efficiency lighting, air conditioners, boilers and waste heat recovery systems for commercial and public buildings, and industrial plants will keep costs down and provide profits while averting further global warming, the four year long study found.
“Improving energy efficiency for existing buildings and other infrastructure could cut current energy consumption by 25 percent or more in India, China and Brazil, amounting to millions of tons in reduced greenhouse gas emissions and hundreds of millions of dollars in energy savings,” says Robert Taylor, a World Bank energy specialist and leader of the 3 Country Energy Efficiency Project (3CEE).
Conclusions from the project were recorded at a conference in Paris May 19 and 20 involving the project’s public and private sector partners. An executive summary of those conclusions was published online Monday.
See also: an interesting emerging cleantech segment – Building Energy Analytics