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Energy-Technology efficiency-Improvements: Capital requirements, energy-cost savings, and global CO2-emission reduction

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  • Yu, Oliver S.
  • Kinderman, Edwin M.

Abstract

This study indicates that improvements in the efficiency of energy supply and end-use technologies can be both environmentally beneficial and potentially financially rewarding. A total discounted (at a 6% real annual rate) incremental capital investment of US$1.1 to $3.6 trillion (1990 dollars) would be required to improve energy efficiency sufficiently for a reduction of global CO2 emissions in 2050 by one-third. However, this investment would ultimately be offset by savings in the discounted energy cost, which could total US$4.8 to $7.1 trillion for the same period.

Suggested Citation

  • Yu, Oliver S. & Kinderman, Edwin M., 1991. "Energy-Technology efficiency-Improvements: Capital requirements, energy-cost savings, and global CO2-emission reduction," Energy, Elsevier, vol. 16(11), pages 1503-1517.
    • Handle: RePEc:eee:energy:v:16:y:1991:i:11:p:1503-1517
    DOI: 10.1016/0360-5442(91)90017-G
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