UN's IPCC landmark climate change report warns of the need for fast, deep reductions in greenhouse gas emissions. As a global leader in the delivery of thermal energy efficiency solutions for several Fortune 500 brands, we discuss what this means for global industries.
Governments and businesses around the world are taking unprecedented action with respect to climate change. While renewable power sources and phasing out harmful hydrofluorocarbon gasses will likely play a big role in the world's fight against global warming, improving energy efficiency is perhaps the most cost-effective way to address the challenges of energy cost, energy security and global climate change. To help get the message out there, this will be the first in a series of Climate 101 blog posts and accompanying materials that discuss how improving industrial energy efficiency can make a huge difference - not only in reducing carbon emissions, but also in making businesses more profitable and competitive.
"Energy efficiency is the one energy resource that all countries possess in abundance.” - Dr. Fatih Birol, executive director of the IEA
The industrial sector accounts for about one third of the total energy consumed and one-third of fossil fuel related greenhouse gas emissions in the United States. In addition to moral obligations to our planet, our children and future generations, there is clearly an ongoing need for companies to continue with their energy efficiency efforts, even with the prevailing low energy prices we are seeing today. Businesses cannot take it for granted that energy prices will continue to stay at the current low level over the medium to long term. While many industrial companies are taking some positive action, substantial energy efficiency opportunities for manufacturers still remain.
Want to help us get the message out? Share this post and/or our presentation on SlideShare using Twitter, Facebook, LinkedIn or email. Stay tuned for our next Climate 101 post on industrial heat recovery systems in the near future.