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Energy savings: The stimulus Europe needs

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European leaders have to understand that the greatest source of energy in the future will be learning how to use it more efficiently, say Sam Hägglund and Ulrich Paetzold. A new Directive on Energy Efficiency is currently under intense negotiation in Brussels. If passed, this law could streamline financing for energy savings, lead to the mass renovation of public and private buildings, and stimulate a whole new market in energy efficiency. It has the potential to save €193 billion per year, create 400,000 net new jobs and avoid the need to build 1000 coal-fired power plants.

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