Governments around the world could make rapid, substantial and relatively cheap cuts to carbon emissions by pursuing energy efficiency in place of more ambitious, but expensive, technological solutions, says a new study.
The analysis, based on data provided to the Financial Times by McKinsey, the consultancy, identifies more energy-efficient cars, lighting and buildings as the “low-hanging fruit” in the global warming battle.
The findings are particularly relevant in the US, the world's second largest emitter of greenhouse gases, as Washington prepares to join international efforts to fight global warming at a UN conference beginning in Copenhagen next week.