Energy efficiency could abate emissions, increase supplies

The global energy industry has a new message for carbon-conscious consumers: Get efficient. The world’s largest purveyors of fossil fuels say industries and governments should invest time and money in creating more efficient sources of electricity.

Speaking at the Cambridge Energy Research Associates (Cera) event in Houston, BP chief executive Tony Hayward, Royal Dutch Shell top boss Jeroen van der Veer and Mike Dola, a senior vice president with ExxonMobil, said energy efficiency could play a key role in plugging a forecast gap in energy supplies. Other industry leaders made similar calls.

But the industry also partially shifted the blame for the globe’s thirst for volatile energy supplies on consumers – both great and small.

Executives also highlighted advanced biofuels, higher mileage cars, new engines, mass transit and other Log in to read complete article.

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