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IEA highlights cuts in greenhouse gases from investments in energy efficiency in Energy Efficiency Market Report 2015

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The International Energy Agency (IEA) has released its new book Energy Efficiency Market Report 2015. It reveals that energy efficiency improvements since 1990 in IEA member countries avoided 870 million tonnes of CO2 emissions in 2014 – and a cumulative 10 billion tonnes over the last 25 years, roughly equivalent to current annual emissions by all IEA member countries.

 

Energy efficiency is highlighted as the most effective tool to reduce energy sector carbon emissions, accounting for more than 40% of the required reductions to limit global warming to 2oC. 

 

In fact, avoided energy consumption from investments in energy efficiency over the past 25 years also saved USD 550 billion for consumers in IEA member countries in 2014, more than the European Union spent on fuel imports for the year.

 

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