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What does energy efficiency matter? Energy efficiency is the single most cost-effective way of lowering greenhouse gas emissions and an essential component of any strategy to reach long-term emission reduction goals. It also boosts economic productivity, improves energy security, reduces expenditure on fuels and energy infrastructure, reduces air pollution and develops the energy services industry.
If Australia improved its energy efficiency by just an extra one per cent each year it would generate an additional $8 billion in GDP by 2020 and $26 billion by 2030. This is an important contribution to improving Australia’s productivity, as well as cutting our energy bills and carbon pollution.
For more information please visit www.climateinstitute.org.au/boosting-australias-energy-productivity.html