Dr Amory Lovins talks about energy efficiency, transport and renewable energy | Zero Emissions Climate Change Global Warming Solution
Dr Amory Lovins talks about energy efficiency, transport and renewable energy
Beyond Zero 2009-02-26 “…………………. — Efficiency is arguably the highest return/lowest risk investment in the whole economy. So, smart businesses are indeed cutting their energy intensity about 6% to 16% per annum just by fixing up what they’ve got. In our latest projects, some of them in Australia by the way where I’ve worked for many years, we’re typically finding in 29 industrial sectors now, (over 30 billion US dollars worth of projects) about 30% to 60% energy saving is fixing old plants with paybacks of 2 or 3 years. And in new plants we can save more, typically 40% to 90%. But the capital cost of a plant almost always goes down, because we figured out integrated design that makes very big energy savings cost less than small savings. So we get expanding, not diminishing, returns to investments in advanced energy efficiency……………………….
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