We, the members of the Working Group on Improving Energy Efficiency, believe improving energy efficiency is the best way to ensure energy security, limit greenhouse gas emissions, and insulate economies from the volatility of energy prices. We also believe larger capital investments are needed to push towards breakthrough technologies. To foster such commitments, G20 governments should:
- Establish clear, consistent standards that better measure energy opportunities, ease knowledge transfer and give small and medium enterprises access to information they can act on.
- Develop long-term energy policies that reflect an awareness of how legislation can radically shift demand, supply and price.
- Provide new financing solutions to help companies make long-term investments necessary for improved energy efficiency.
- Support education, energy services and R&D to help society build the skills it needs to develop and adopt new technologies.
- Continue working towards a global framework that coordinates national legislative approaches and overcomes “free rider” problems.
After a press conference that generated substantial media coverage for Schneider Electric in South Korea, Jean-Pascal Tricoire presented the Working Group’s findings to the Spanish Prime Minister, who had expressed interest in the topic, and to the Mexican President, as host of the United Nations Climate Change Conference in Cancún from November 29 to December 10, 2010.
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