This document discusses quantitative thermography and infrared radiation. It explains that infrared is emitted, reflected, transmitted, and absorbed, with the amount depending on temperature. It presents the equations of Planck's law and Stefan-Boltzman's law that describe blackbody radiation as a function of temperature and wavelength. Convection heat transfer is also discussed. The document provides examples of calculating heat loss from pipes and annual savings from insulating pipes to reduce heat loss. It concludes with questions about calculating potential annual savings from insulating pipes.